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Money Multiplier · How Banks Multiply the Central Bank's Money #Shorts
m = (1+c)/(c+r). The central bank creates the monetary base. Commercial banks multiply it via fractional reserve lending. c=20%, r=10% → multiplier of 4. Subscribe to Macro Economics with Michael for more. #Shorts #Macroeconomics
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Africa’s financial landscape is changing. Standard Bank’s new role as an RMB clearing bank could make trade with China faster, cheaper and less dependent on the US dollar. This is not the end of the dollar—but it is another sign that the global monetary system is evolving. Disclaimer This content is for educational purposes only and should not be considered financial, investment or legal advice. Always do your own research before making financial decisions. #Dedollarization #BRICS #ChinaAfrica #
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