FRB Commentary 3: Big Picture
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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
More free lessons at: http://www.khanacademy.org/video?v=8SAMey9Gl5I
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