Lemmy Shitpost@lemmy.worldEnglish · 1 year ago

How Banks Work

www.youtube.com

How Banks Work

www.youtube.com

EndOfLine@lemmy.world to

Lemmy Shitpost@lemmy.worldEnglish · 1 year ago

How Banking System Works, Fractional Reserve Banking. 💸

www.youtube.com

How Our Banking System Really Works! 💵Fractional reserve banking is a system in which only a fraction of bank deposits are required to be available for with...

It somehow makes more and less sense, all at the same time.

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1 year ago
Being a bank is amazing. And they also get bailed out when things go bad, so no reason not to gamble for higher profits.

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