Unexpected Insights On Fractional Reserve Banking
March 5, 2021
Our prior episode on "money printing" veered into fractional reserve banking at a few points, so this week John Flaherty and Monetary Metals CEO Keith Weiner dive into that topic.
In this episode, you'll discover:
- 4 traits that determine legitimate credit, versus counterfeit credit
- What many alarmists incorrectly presume about this system
- The concept of 'ceiling' vs an absolute multiplier
- How nearly everyone today suffers confusion between money and credit
- A similar multiplying effect that occurred in gold...without any banks at all
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🔐 The New Way to Hold Gold https://buff.ly/3xoCgNm
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