How Money moves around the Banking System

A SIMPLE EXPLANATION OF HOW MONEY MOVES AROUND THE BANKING SYSTEM is a blog post on “Thoughts on the future of finance” by Richard Gendal Brown. It works its way from transfers of funds between two people with accounts at the same bank to how the Central Bank works to settle funds transfers nation wide. With a few thoughts on how Bitcoin fits and where its future might lie. Interesting.

This entry was posted in Fundamentals, I Didn't Know That. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *