And fidelity.

So he doesn't quite have 100,000.

You don't need to prepare special events or anything.

But be sincere.

And let's say that I can, in the bank,

So what I do is, I take their 900 gold pieces, and I take it as a deposit.

When you put money in the bank, you deposit it.

So 10 of 110 is 11.

Checking,savings took out about 125,000 in cash.

over the total amount of

I'll open a bank account.

I have a fairly wealthy village.

Once more, humility,

He deposited the prize money in the bank.

I just give them a checking account.

The money rests in a safe at the bank.

Now, the first entrepreneur, he's very conservative and he's been saving all his whole life to do this.

I can just create a checking account for Entrepreneur C.

You know, about my money.

And I think something happened, right? He put aside a little cash for you.

It's in a safety deposit box.

Scarlett's deposits.

What's the single most important thing you've got to convey?

So I think that sincere motivation is very important for our future well being, or deep sense of well being as humans, and I think that means sinking in to whatever it is you're doing now.

To the great Western Wood,

And we went the fractional reserve route.

I want to deposit some money.

I trusted him with the money.

So what would be total demand liabilities?

I have a lot of money in my savings account.

Well, no. Because then a bank take on arbitrary amounts of risk and there are regulations, although I think a bank would do it on their own to some degree, but there're regulations called reserve requirements that tell us how much lending can a bank do relative to its actual reserves. In this case, it's reserves of gold.

The bank keeps money for people.

He left his safe in my care.

Deposits on long term leases.

I entrusted my money to him.

And then instead of giving them actual gold,

That's where all these people here put their money.

So this is the account of B. The account of Villager B.

That would be total bank notes in this case and bank notes are also something we'll later leave a world where every bank is issuing bank notes, but I just wanted to give you that kind of historical context, how bank notes even started off.

It's manipulation, but it can work.

I have faith in you.

As a sign of good faith...

So how much could I expand my balance sheet?

Those are some pretty hefty deposits for somebody not really working.

He has plenty of money in the bank.