Fractional Reserve Banking

Did you know that when you put $100 in the bank, they loan out $90 of it? How can you know your money is really safe in the bank when most of it is gone? It’s called Fractional Reserve Banking, and it can be a scary system. This is a good time to start learning more about money, and how money works in our economy. Join me on a three part series on the history of banking and just how we got in this predicament on The Generation Zach Podcast. https://rumble.com/v4zfsoz-why-we-should-hate-bankers.html