Fractional Reserve Banking
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How money is created in a “Fractional Reserve Banking” system. Chapter 7 of Chris Martenson’s Crash Course
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How the US Federal Reserve System creates new money. Chapter 8 of Chris Martenson’s Crash Course
Watch full set of Crash Course videos
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Watch this 1948 cartoon to understand how Fractional Reserve Banking and Central Banking combined makes “The American Dream” nothing but a DREAM.