In case X percentage of people wanted their gold back.

Just for simplicity, let's just have the assets and the liabilies

It is a loan to the U.S. Treasury.

I'm going to take you through a worked example of whether that's really so.

However, in a pure quantitative easing regime, the focus of quality is the quantity of bank reserves, which are liabilities of the central bank the composition of loans and securities on the asset side of the central bank's balance sheet is incidential.

So this investor, who knows, it could be the

The Ministry of Finance is the next tower over.

This is coming from the heart of finance.

So, just to parse the statement, when he says, credit easing resembles quantitative easing in one respect it involves an expansion of the central bank's balance sheet.

It's not fort knox.

To get away as far as possible.

Allez. Go into the centre.

We got 250,000 coins from the central bank, at different darknesses.

The spindle sweep measurement will show that the spindle axis is perpendicular to the table surface

What I want to explore in this video is the different ways of measuring the amount of money we have in circulation.

So we're going to start things with our Central Bank (in the US, this would be the US Federal Reserve.)

So the way they did that is that they bought up all of the excess dollars using yuan that they printed.

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Central Bank is a bank that deals mainly with other banks and the government and assumes broad responsibilities in the interests of the national economy apart from the earning of profits.

It's a waste to just have the central banks watching over commodity prices.

It is a bank notes from the U.S. that there was a time, and this was a time before central banks and especially if you think about colonial times, you had banks all over the colonies, and they would actually issue their own bank note, so you didn't have one uniform currency.

Now what's remarkable here is that this whole process is decentralized.

Don Burke and Colonel Mpoudi Ngole, we went to actually start this work in Central Africa, to work with hunters in this part of the world.

And it makes sense all the way up to 5.0001 , I'd actually borrow it.

And also the Attorney General... ...and the head of the Central Bank... ...and the Ombudsman... ...and the members of the National Electoral Board.

I need to...this is... I can't balance all of this.

So just to understand what he's talking about, the central bank, it has liabilities and assets,

A dream that's enabled him to post more than 2300 videos on a host of different subjects, from math, to history, to economics.

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I'm in banking. In banking? How'd you get into that?

And it's ironic, because we're standing today in the Central Bank.

He's back from his travels in Central Asia.

So at some point, they give up.

What bank?

Bank?

He's saying it's not quite quantitative easing, although it really is.

We're standing today in the Central Bank, and the Central Bank is responsible for a lot of the things I'm going to be speaking about.

So now all of these dollars are transferred to PB 1, and they are no longer... the Fed Reserve or the central bank (the general case) is no longer in posession of them.

And I also wanted to go see Central Command, which was 10 minutes away.

So in part of this negotiation process

Let's call this Bank A.

And let's say that Bank A

BANK OF VENICE...

Yes. Banking section.

Which bank?