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@edunance: The banking system literally creates money...😶 #banks #money #investing #bankingsystem #moneytips #economy
edunance
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Region: NL
Sunday 01 October 2023 16:58:17 GMT
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Comments
Web Dev Geo :
It’s called fractional reserve banking.
2023-10-02 03:15:15
659
Steve R :
Don't deposit 10K in a bank account. deposit 9 k
2023-11-03 12:27:11
802
EscapeDuo Shqip🤿⛰️ :
If everyone asks for their money at the same time, the finance system will fail worldwide
2023-10-03 15:14:10
1044
ruhapi2 :
Fractional reserve banking
2023-10-02 10:43:08
109
bright light :
what if I went the next day ask for my deposit bck👌
2023-10-02 22:34:41
45
Musetha f :
How do we benefit now from this process? 🤔
2023-10-02 15:36:51
13
tyrone :
banks don't need clients money to lend money...banks want your money to charge you to get your money and establish a relationship to lend you money
2023-10-02 18:52:24
3
Tony Perre :
It’s a business
2023-10-02 14:47:50
8
Jarred :
Making money out of thin air
2023-10-02 09:02:04
391
JAH-VALDO CARTY :
say no to CASHLESS society
2023-10-02 15:43:47
48
Casper :
buth you still not loosing atleast they giving you some money
2023-10-03 01:11:49
0
stewbumer :
Many years ago Henry Ford said that if Americas ever figure out how the system really works, they would overthrow the govt the very next day.
2023-10-03 20:15:56
57
Hugo Jenkins :
How then can a bank go bust?
2023-10-02 23:28:25
7
So High :
Wait you deposit 1k, the somebody 900, 800, 700, 600, 500 then there will be no money to loan out tho 😂 as its getting reduxed 10% each time
2023-10-05 09:30:56
3
Maundrey K, MSc, MBA,PhD :
fractional reserve banking.
2023-10-23 04:06:24
0
Felix Rojas :
Mmmm not really but the idea is there
2023-11-05 09:33:21
0
SM🇹🇿 :
thats fractional reserve banking
2023-12-13 21:05:53
1
Steve :
which is why the government guarantees a certain amount. however if everyone took out what their balance was at the same time, the banks would end
2023-10-02 21:01:48
3
Eternal Life ☀️🌍☄️ :
that's why its a weak system that could collapse at any moment
2023-10-02 04:23:35
13
ibox :
So what are we goin to do
2023-11-03 00:05:45
3
ondeeeeeer :
Yes, you’re right but they don’t only do that they can type numbers on the screen from thin air and we think that is money.
2023-12-13 14:47:45
16
TikTokMania :
And the sky is blue
2023-10-02 14:11:54
4
Edoooooy :
have to watch it a million of times in order for me to understand
2023-12-14 05:23:49
0
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