How money is created | Role of banks
1 year ago
23
Banks create money by lending excess reserves to consumers and businesses. Money creation or money insurance is the process by which the money supply of a country or of an economic or monetary region is increased. This video talks about the 3 stages in which money is created and also role of banks and government in money creation.
#projectmanagement #finance #youtube #moneymanagement #banks
Book Link : https://www.amazon.com/gp/product/B09KXCWD47
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