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Innovation is Not About Recreating the Wheel

It is about empowering the neglected & underserved market of investors

Sneak Peek 1: What is Money from our Knowing the Ledger Series: The Power of Bookkeeping Entries

The purpose of this episode is to describe the basic process of money creation in a “fractional reserve” banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System – the central bank of the United States. The relationships shown are based on simplifying assumptions.

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