Wednesday, July 20, 2022
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New 3 Minute Cash Episode – The Cash Multiplier Fantasy – Pragmatic Capitalism


Right here’s a brand new Three Minute Cash episode. We’re nonetheless cranking by some fundamentals, however this one wants reiterating as a result of the cash multiplier appears to be immortal. Concepts like “fractional reserve banking” and the Fed controlling the cash provide by reserve creation nonetheless run rampant in financial and monetary circles. This video goes into some element on the mechanics and why it’s incorrect to think about cash creation as beginning with the Federal Reserve and being “multiplied” throughout the financial system. I hope you get pleasure from it. When you have subjects you’d like me to cowl sooner or later movies please let me know.

 



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