Δημοσίευση
Analyst Olivia
·
--
Your Money in the Bank…
1: Isn’t yours
2: Isn’t money
3: Isn’t in the bank
Let me explain:
1: Isn’t yours: When you deposit cash, it legally becomes the bank's property, you now hold only a claim (an IOU) against the bank, not ownership of specific funds
2: Isn’t money: What shows in your account is just a digital ‘promise’ or liability on the bank's balance sheet, not physical currency or even reserve backed money, it’s basically bank-created credit
3: Isn’t in the bank: Banks keep only a tiny fraction of deposits as reserves (fractional reserve banking). Most of ‘your’ money has already been loaned out multiple times & isn't sitting in the vault waiting for you
Do you really understand this?
1: Isn’t yours
2: Isn’t money
3: Isn’t in the bank
Let me explain:
1: Isn’t yours: When you deposit cash, it legally becomes the bank's property, you now hold only a claim (an IOU) against the bank, not ownership of specific funds
2: Isn’t money: What shows in your account is just a digital ‘promise’ or liability on the bank's balance sheet, not physical currency or even reserve backed money, it’s basically bank-created credit
3: Isn’t in the bank: Banks keep only a tiny fraction of deposits as reserves (fractional reserve banking). Most of ‘your’ money has already been loaned out multiple times & isn't sitting in the vault waiting for you
Do you really understand this?
Αποποίηση ευθυνών: Περιλαμβάνει γνώμες τρίτων. Δεν είναι οικονομική συμβουλή. Ενδέχεται να περιλαμβάνει χορηγούμενο περιεχόμενο. Δείτε τους Όρους και προϋποθέσεις.
0
0
0
Εξερευνήστε τα τελευταία νέα για τα κρύπτο
⚡️ Συμμετέχετε στις πιο πρόσφατες συζητήσεις για τα κρύπτο
💬 Αλληλεπιδράστε με τους αγαπημένους σας δημιουργούς
👍 Απολαύστε περιεχόμενο που σας ενδιαφέρει
Διεύθυνση email/αριθμός τηλεφώνου