PE67: Reserves & Recessions... in Canada!

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the sixty-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis. Contents 00:00 Intro 00:35 Base money in banks 01:52 Demand deposits 03:45 Reserve ratio 04:15 Reserve ratio rising 06:36 Reserve ratio falling 08:55 Central bank sells gold 11:15 What makes Canada different? 12:30 Is fractional reserve banking the problem? Here I talk about the reserve ratio of the Canadian banking system from the late '60s, until today. This is the ratio of base money in banks, relative to outstanding demand deposits - systemwide. The most important question I ask and answer in this video is: Is fractional reserve banking (and low reserve ratios) the source of recessions? Prior videos with further info: Brown's Bottom: https://www.youtube.com/watch?v=LTkkPpCfxWA USA Demand Deposits: https://www.youtube.com/watch?v=hF08eIt2AaY Host: Matthew Mezinskis https://porkopolis.io https://twitter.com/crypto_voices Show content is not investment or financial advice in any way.