Decoding how banks create money and how access to high yield products by Fintechs impacts small-mid sized banks
fsdecoded.substack.com
In my last post on the SVB crisis, I touched briefly upon the fractional reserve or money multiplier theory but it was not too pertinent for what had happened to SVB and the other banks that went under. That section of the post stemmed from the following comment from Frank but that can be extended to almost everyone who probably has taken Econ 101 and come to truly believe the money multiplier theory.
Decoding how banks create money and how access to high yield products by Fintechs impacts small-mid sized banks
Decoding how banks create money and how…
Decoding how banks create money and how access to high yield products by Fintechs impacts small-mid sized banks
In my last post on the SVB crisis, I touched briefly upon the fractional reserve or money multiplier theory but it was not too pertinent for what had happened to SVB and the other banks that went under. That section of the post stemmed from the following comment from Frank but that can be extended to almost everyone who probably has taken Econ 101 and come to truly believe the money multiplier theory.