The brilliant thinking of Ludwig von Mises (1881-1973) has been unfairly besmirched by a rather absurd “money multiplier” ...
Berkshire Hathaway has $340 billion in cash and cash equivalents. Media speculation indicates that the sidelined funds signal Warren Buffett’s belief that corporations are presently overvalued.
Think you know how banks create money? Think again. This video dives into the myth of the money multiplier and explains the real process behind money creation by commercial banks. 💰 Senate Democrats, ...