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Best online video to explain the FRB system?

Posted: Thu Dec 13, 2012 12:30 am
by Bandidoz
FRB = Fractional Reserve Banking

I'm sure I saw a great one a few years ago, but can't remember where it is.....

I guess this is a good start:
http://www.positivemoney.org.uk/

Re: Best online video to explain the FRB system?

Posted: Thu Dec 13, 2012 2:52 pm
by Blue Peter
Bandidoz wrote:FRB = Fractional Reserve Banking

I'm sure I saw a great one a few years ago, but can't remember where it is.....

I guess this is a good start:
http://www.positivemoney.org.uk/
We don't use FRB, we use capital adequacy i.e. you can lend out X times the amount of capital that you hold (X may be adjusted for different risks). In other words, if your bank has enough capital, they will loan out 100% of any money you deposit with them,


Peter.

Posted: Thu Dec 13, 2012 3:03 pm
by UndercoverElephant

Posted: Thu Dec 13, 2012 3:43 pm
by emordnilap
They're both good. TSOO is a tad drawn out IMO but Still's conclusions are worth watching it for.