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How Banks Work

How Banking System Works, Fractional Reserve Banking. 💸

https://www.youtube.com/watch?v=y3PaERlP-DE&t=9

How Our Banking System Really Works! 💵Fractional reserve banking is a system in which only a fraction of bank deposits are required to be available for with...

It somehow makes more and less sense, all at the same time.

2 comments

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1984

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Being a bank is amazing. And they also get bailed out when things go bad, so no reason not to gamble for higher profits.

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