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Institute for New Economic Thinking
The Economy’s Cuban Missile Crisis
In 2008 a global financial meltdown was just barely contained. But Adam Tooze says that the crisis of confidence has had long aftershocks.
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Adam Tooze, Columbia University historian and author of the new book Crashed: How a...
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Adam Tooze, Columbia University historian and author of the new book Crashed: How a...
Khan Academy
FRB Commentary 3: Big Picture
Summarizing his thoughts on creating the last few videos on the weaknesses of the fractional reserve, Sal goes on to explain why he believes the nature of this system is "disingenuous. " This leads to a discussion that contextualizes the...
Khan Academy
Khan Academy: Frb Commentary 3: Big Picture
This is a summary of Sal Khan's thoughts from the last two videos. It centers around the discussion of why fractional reserve banking is a subsidy to banks and allows them to arbitrage the yield curve. [21:27]