@ThePoplarReport Do Banks Loan Your Money?

#prepping #shtf #travel As we see banks collapsing there are a lot of Talking Heads that are saying the bank is losing your money. The truth is is that the bank is not allowed to legally loan out deposited money, so how does the bank make loans? Today I talk about modern money mechanics and how it is used in our modern banking system.

Modern money mechanics article -  https://upload.wikimedia.org/wikipedia/commons/4/4a/Modern_Money_Mechanics.pdf

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