Money, money...

You seem to describe a political leadership that is kind of unprepared and a prisoner of the whims of the financial markets, and that scene in Brussels that you describe, to me, as a citizen, is terrifying.

Money 4 U, honey

You take the starting money. I'll just take my share of the prizes.

And let's say that I can, in the bank,

So what I do is, I take their 900 gold pieces, and I take it as a deposit.

When you put money in the bank, you deposit it.

So 10 of 110 is 11.

Checking,savings took out about 125,000 in cash.

Just pay up already, I'm saying. Hand over the money, Yo!

I'll open a bank account.

I have a fairly wealthy village.

Easy money, pal.

That's you.

Market interest rate

He deposited the prize money in the bank.

I just give them a checking account.

The money rests in a safe at the bank.

You know, about my money.

And I think something happened, right? He put aside a little cash for you.

It's in a safety deposit box.

Scarlett's deposits.

That you took the money.

And we went the fractional reserve route.

I want to deposit some money.

I trusted him with the money.

So what would be total demand liabilities?

But more importantly is my kids learned to get, they learned to give.

Marquette

I have a lot of money in my savings account.

Well, no. Because then a bank take on arbitrary amounts of risk and there are regulations, although I think a bank would do it on their own to some degree, but there're regulations called reserve requirements that tell us how much lending can a bank do relative to its actual reserves. In this case, it's reserves of gold.

The bank keeps money for people.

He left his safe in my care.

Deposits on long term leases.

I entrusted my money to him.

And then instead of giving them actual gold,

That's where all these people here put their money.

Hagman, check money .

So this is the account of B. The account of Villager B.

That would be total bank notes in this case and bank notes are also something we'll later leave a world where every bank is issuing bank notes, but I just wanted to give you that kind of historical context, how bank notes even started off.

So how much could I expand my balance sheet?

Early in this class I had already mentioned a few applications.

Alright. Third and Market. Snappy.

He has plenty of money in the bank.

I have 100 in terms of the building itself.