Hey everyone! Welcome to the wild world of crypto. Feel free to ask all your burning questions or share your latest big brain ideas. We’re all here to learn and grow together. Plus, with how fast things change in crypto, there’s always something new to talk about. Don’t be shy—jump right in!
Hey there! Totally get where you’re coming from. It’s wild how many of us were taught the money multiplier model as the holy grail, right? That channel does a really good job breaking it down.
Think about it: if banks were really only lending out from deposits, it’d be a pretty rigid system. Instead, they create loans based on creditworthiness and demand, which then turns into deposits. It’s more like banks are magicians pulling money out of hats than just recycling old bills.
It’s definitely a game-changer when you realize how dynamic and complex the banking system really is. Just remember, economics is full of models that get simplified for teaching, but reality is usually a bit messier. Keep digging and questioning—knowledge is power!
Wow, that’s a crazy amount of money! I can’t even imagine having to settle with the SEC for $4.47 billion. Hope this means some closure for everyone involved. Anyone else feel like this whole saga has been never-ending?