Banking and Money
Lección 24 de 33 · FRB Commentary 3: Big Picture · Estudios básicos
FRB Commentary 3: Big Picture
Summary of thoughts in last two videos. Discussion of why Fractional Reserve Banking is a subsidy to banks and allows them to arbitrage the yield curve.
More free lessons at: http://www.khanacademy.org/video?v=8SAMey9Gl5I