Fractional Reserve Banking Explained | Philipp Bagus | BIG PICTURE with James Patrick

1 month ago
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Finance fractional reserve banking philipp bagus banking inflation economic cycles

This interview with Professor Philipp Bagus dissects the operations of Fractional Reserve Banking. Banks take deposits and lend them out and this causes inflation and economic dis-coordination.

This interview was shot as apart of the film CBDC: The End of Money

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