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The Recent Bank Runs: How Fractional Banking Works and Why We Have Booms and Busts in our Economy - Episode 267
Manage episode 358229890 series 1936614
The recent bank runs. How does fractional banking work? Is it really profitable until it all stops?
Links and Resources from this Episode
- DISCLAIMER
- For resources and additional information of this episode go to http://engineeroffinance.com
- Connect with Ken Greene http://engineeroffinance.com
- Office 775-624-8839
- https://www.linkedin.com/in/ken-greene
- https://business.facebook.com/GreeneFinance
- https://nypost.com/2023/03/13/first-republic-bank-falls-over-60-after-svb-signature-collapse/
- https://www.federalreservehistory.org/essays/glass-steagall-act#:~:text=The%20Glass%2DSteagall%20Act%20effectively,D.%20Roosevelt%20in%20June%201933
- https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/
Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here
Episode Highlights
- How do banks work?
- Ken’s thoughts on the fractional banking system
- Banks and credit unions lending out money at a higher interest rate
- How media often simplifies complicated financial concepts
- The government’s role in preventing a total economic collapse
- The dangerous practice of fractional banking and its potential to cause a house of cards effect
- Risks of a strong crash in the housing and stock markets
- The importance of liquidity and diversification for individuals
- Being prepared for potential economic downturns
- Investments in gold, silver, and cryptocurrencies as hedges against inflation and the risks and concerns associated with them
Review, Subscribe and Share If you like what you hear please leave a review by clicking here
Make sure you’re subscribed to the podcast so you get the latest episodes.
310 episodes
Manage episode 358229890 series 1936614
The recent bank runs. How does fractional banking work? Is it really profitable until it all stops?
Links and Resources from this Episode
- DISCLAIMER
- For resources and additional information of this episode go to http://engineeroffinance.com
- Connect with Ken Greene http://engineeroffinance.com
- Office 775-624-8839
- https://www.linkedin.com/in/ken-greene
- https://business.facebook.com/GreeneFinance
- https://nypost.com/2023/03/13/first-republic-bank-falls-over-60-after-svb-signature-collapse/
- https://www.federalreservehistory.org/essays/glass-steagall-act#:~:text=The%20Glass%2DSteagall%20Act%20effectively,D.%20Roosevelt%20in%20June%201933
- https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/
Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance click here
Episode Highlights
- How do banks work?
- Ken’s thoughts on the fractional banking system
- Banks and credit unions lending out money at a higher interest rate
- How media often simplifies complicated financial concepts
- The government’s role in preventing a total economic collapse
- The dangerous practice of fractional banking and its potential to cause a house of cards effect
- Risks of a strong crash in the housing and stock markets
- The importance of liquidity and diversification for individuals
- Being prepared for potential economic downturns
- Investments in gold, silver, and cryptocurrencies as hedges against inflation and the risks and concerns associated with them
Review, Subscribe and Share If you like what you hear please leave a review by clicking here
Make sure you’re subscribed to the podcast so you get the latest episodes.
310 episodes
All episodes
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