Here's a good old video on banking and money creation. Definitely worth seeing if you haven't already: https://youtu.be/jqvKjsIxT_8
The last time I looked into MMT (a few years ago), I thought it sounded accurate, btw.
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see about 14 minutes in discussing lending and reserves. Looks like the video isn't claiming that the reserves
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are being lent out
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I'll rewatch but vid used money multiplier story (banks lend part of each deposit, keeping some portion, then repeat)
End of conversation
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