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Banking Explained – Money and Credit

By KidzSearchFrom youtube.com
22.5K views
1.3K likes

Banking is the engine of the modern economy. It functions by acting as a bridge between people with extra money (depositors) and people who need money to grow businesses or buy homes (borrowers).

Tags

Liquidity
Interest
Collateral
Deposit
Capital
Intermediary
Reserve
Creditworthiness
Solvent
Principal
Asset
Liability
Inflation
Transaction
Ledger

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