https://padlet.com/aaa_jackson/hfgr6fde0xpb Jake Legros en-us 2018-04-17 01:08:22 UTC 2025-12-15 17:13:39 UTC hello@padlet.com aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252382778 Welcome to my Padlet, on this wall you will learn how banks take the money being deposited into them and create money by loaning it out.]]> 2018-04-17 01:11:40 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252382778 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252387015 Website #1. This website explains how banks make their money. It explains that they take in people’s money at a low interest rate and loan it out at a higher one. This is a very good general knowledge site to learn about how banks do their business. To also learn where banks keep their money and what they call on when they need some capital.
https://www.investopedia.com/university/banking-system/banking-system3.asp]]> 2018-04-17 01:38:05 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252387015 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252388508 Website #2. This is the Bank of Canada website. This has all the base interest rates that the rest of the rates are based off. This decides how much the banks will charge for mortgages or other long-term loans they will give. This in turn will decide the money made by the bank off the loans
https://www.bankofcanada.ca/]]> 2018-04-17 01:48:30 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252388508 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252390429 Website #3. This website explains the issue with money being created with interest. It outlines what the problem is and it also shows what the solution could be. It gives a few suggestions on how the economy could be more stable and less dependant of people’s debt. It’s a good view on the opposite take on if the current banking system works or not.
qualicuminstitute.ca/money-creation/]]> 2018-04-17 01:59:57 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252390429 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252394783 Video #1. This video Is a great description how much money is created of each deposit. It explains the exact formula needed to calculate the money added to the money supply. It also explains way that banks make their money and how to unstable it makes the whole system.
https://www.youtube.com/watch?v=JG5c8nhR3LE]]> 2018-04-17 02:16:22 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252394783 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252397240 Video #2. This video is another description on how much money is created off an initial deposit. It also starts to explain the issues the occur with this style of banking. If one person in the long chain cannot pay it creates an issue with the whole system.
https://www.youtube.com/watch?v=qIxhsF6JLEA]]> 2018-04-17 02:29:35 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252397240 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399067 Video #3.  This video explains that only a small amount of money is created and controlled by the government. It also explains that most of it is controlled by the private sector and in turn not as reliable as it should be. It explains that one person can ruin the whole system by defaulting on their loan.
https://www.youtube.com/watch?v=KvpbQlQwl0A]]> 2018-04-17 02:39:27 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399067 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399212 http://i.ytimg.com/vi/qIxhsF6JLEA/hqdefault.jpg
This is just the circular flow of the initial deposit creating many times more money than the initial deposit.]]> 2018-04-17 02:40:22 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399212 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399466 https://image.slidesharecdn.com/uyl2ib8uqss4csri41fz-signature-c19e92011e7bdc004b4589fe74ff57eadf059f1a440ac8e152f24367b00ba70f-poli-160118044329/95/money-creation-in-conventional-and-islamic-finance-13-638.jpg?cb=1453092472
Another picture showing the advancement of money in a different fashion. ]]> 2018-04-17 02:41:40 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399466 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399739 http://climatereview.net/ChewTheFat/wp-content/uploads/2011/10/How-money-is-created-by-James-Follett2.png
This picture shows the creation of the physical money is the world. The last three percent still has an impact of the whole system.]]> 2018-04-17 02:43:39 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252399739 aaa_jackson https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252401472 2018-04-17 02:54:41 UTC https://padlet.com/aaa_jackson/hfgr6fde0xpb/wish/252401472