Learn Business English Economics 138 (fractional-reserve banking)

The way you are teaching students is inspiring & excellent. Hope you teach us legal english as well with so many confusing legal ? jargons & terms. Great Success always be with you teacherphill. Regards from Indonesia

Thank? you . I like to see this class and search on these words at gooogle. Thank you.

best explanation so far.. among all best? videos of yours;)

Colonel Gaddafi was the greatest and, by? far, the most effective humanitarian who ever lived. The Great Man Made River alone will save millions of lives (and that's why the Nato Nazis bombed it.) Gaddafi's plan for an African central bank,? free of Rothschild Bilderberg ownership, would have freed Africa from the horror of the IMF and World Bank, and the Gold Dinar would have freed Africa from the Fractional Reserve system, thus saving millions of lives.

without deposit insurance, deposits are gone when a crisis happens, and it happens regularly search Stanford Bank Antigua, all deposits gone. Better to own land,? businesses, equipment and metal ingot, metal tubes and hold it in a company

but otherwise without deposit insurance you've? essentially lost your 90$ for 10$ or atleast money has to be created out of thin air?

Deposit insurance from the government is probably the only thing that can save deposits. Some banks? don't have fractional reserve like in the Caribbean.

but they're still making money out of thin air because surely the first guy john doesnt have HIS 90$ in there absolutely speaking because they've only kept 10%. i guess the notionally say they each have their initial amount because they can pay it back with? other people's deposits?!

Yes! ?

great...although there is? a little slip-up 81-8.1=72.9 :D it doesn't compromise the overall great work!!