why not? extortion is illegal, but legal when the state calls it taxation. Kidnapping is illegal, but legal when it's called the draft. Killing is illegal, but legal when it's called a war. You get the idea.
@@daveevad3524 its a bit above 13% they like it to be around but below 20 yet above 10. 13 seems to be the usual load, so 15% because no one wants a bank run.
The failure of banks in addition to global economic crisis has left the markets in shreds. I'm at crossroads deciding whether to hold on cash or put money in the stock market, and it's uneasy for me to not panic after a recent awful divorce, my goal is to retire with $3m
I find this insightful, curiously inputted ''Theresa Leigh Detrick'' on the web and surprisingly came across her consulting page, skimmed through her credentials and got to schedule a call session, she appears to be a first rate professional
After those ships of gold had been taken by pirates they told everyone the own them with a sheet of paper rather than show them the gold was missing ☠️ now they'll do it with digital gold and I wont say what they'll do. Its deeper than explained 🙄
Many countries (UK, Sweden, Australia) have 0% reserve requirement. That doesnt mean they or the US banks can create money freely. They have capital requirements instead.
@@duncanhw Capital is nothing more than upgraded deposits. Deposits is what you use to buy bank capital. More deposits = more demand for bank capital. Banks create their own capital as well.
It's not known as "fractional reserve banking", totally wrong. It's credit money creation. Fractional reserve banking is a wrong old academic theory, that has nothing to do with reality
@@handlethisnut Prove what? Money is gold and silver, has been used for thousand of years... Currency is just to transact easier. Banks don't create money lol all they do is print paper or now type digits in a computer
“In its strict technical sense, “money” means coined metal, usually gold or silver, upon which the government stamp has been impressed to indicate its value. In its more popular sense, “money” means any currency, tokens, banknotes, or other circulating medium in general use as the representative of value.”
I'm always amazed that this is legal.
why not? extortion is illegal, but legal when the state calls it taxation. Kidnapping is illegal, but legal when it's called the draft. Killing is illegal, but legal when it's called a war. You get the idea.
because its not this simple. we have regulations in place to make sure banks dont loan too much or depositors take too much money away
@@alberthoffman5297
Afaik, bank needs to have around 10% of the total asset they supposedly have, physically. That's not a lot...
Go live in a society where it doesn't happen.
@@daveevad3524 its a bit above 13% they like it to be around but below 20 yet above 10. 13 seems to be the usual load, so 15% because no one wants a bank run.
The failure of banks in addition to global economic crisis has left the markets in shreds. I'm at crossroads deciding whether to hold on cash or put money in the stock market, and it's uneasy for me to not panic after a recent awful divorce, my goal is to retire with $3m
investments are subjected to risk, I'd suggest a well experience advisor if you choose to invest wisely! sorry to hear about your divorce
@maria_casey much more info needed please... we sometimes fail to realize how useful an extra source of income can be until crisis
I find this insightful, curiously inputted ''Theresa Leigh Detrick'' on the web and surprisingly came across her consulting page, skimmed through her credentials and got to schedule a call session, she appears to be a first rate professional
printet out off thin air is the basic terms
more of this please
It turns out that the bank extended loans in excess of its actual reserves.
...so basically they could give that loan for free but i have to work twice as much to pay It?😭
😅
Wild.
Thin air
me, watching this video as a bank employee :0
😅
After those ships of gold had been taken by pirates they told everyone the own them with a sheet of paper rather than show them the gold was missing ☠️ now they'll do it with digital gold and I wont say what they'll do. Its deeper than explained 🙄
How did you do the video? Witch editor do u use?
My city may face some trouble in future and to make people safe you have to remove the tonns of Gold of the mosque from Aligarh.
Fake news. The reserve requirement in the US has been exactly zero since March 2020
Many countries (UK, Sweden, Australia) have 0% reserve requirement. That doesnt mean they or the US banks can create money freely. They have capital requirements instead.
@@duncanhw Capital is nothing more than upgraded deposits. Deposits is what you use to buy bank capital. More deposits = more demand for bank capital. Banks create their own capital as well.
I didn't think there was a reserve requirement ever since Nixon ?
How the bank work in USA
Ot uuu sss aaa 😂 whole world Banks
Illegal weapon
It's not known as "fractional reserve banking", totally wrong. It's credit money creation. Fractional reserve banking is a wrong old academic theory, that has nothing to do with reality
please someone educate me, why is this bad for the general man in society?
It isn't bad at all
Credit creation is literally money from nothing!
This is credit creation ,not fractional reserve
Credit ''creation''? Racketeering or fraud would be far more accurate.
Ok, why is so hard to get the original video of this ?! ...wanna keep more views away ?!? 😆
...link it somewhere easy to get!!
Its all about the Benjamins
and thus started the tory con! stop making loopholes solve the world
Hello❤❤
So what happens if everyone wants to cash out there gold all at once? 🤨
they hope you don’t
Historically if this happened or was about to happen then war would magically break out…
that's what the entire system is based upon, that everyone wouldn't.
Cash not money or currency
Money and currency isn't the same thing, only gold and silver is money.
Prove it
@@handlethisnut Prove what? Money is gold and silver, has been used for thousand of years... Currency is just to transact easier. Banks don't create money lol all they do is print paper or now type digits in a computer
@@Dimitris_Balf I think you're confused, currency and money aren't the same thing.
Gold and silver are commodities, not money
“In its strict technical sense, “money” means coined metal, usually gold or silver, upon which the government stamp has been impressed to indicate its value. In its more popular sense, “money” means any currency, tokens, banknotes, or other circulating medium in general use as the representative of value.”
Propaganda
Fun fact the knights Templar technically created banking
That is not money 💴 is currency, money and currency are different
👎👎