What I could do is maybe 100 of it,

And I don't hand that person gold.

Put it on my tab.

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

So once again, I say, well, these are demand deposits, which means that these farmers could demand them at any time.

Put the one there.

Put the box on the table.

Put the keystone on the table.

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

So they need some place safe to put it.

So this is my equity.

And then instead of giving them actual gold,

Put this on.

I'm putting it on the top step.

I'm done.

The baby might pick the red block firstà   put that on the ground.

Five times six is thirty.

The kid kept all of his money in a piggy bank.

It's implanted with very conventional techniques.

So how much could I expand my balance sheet?

And then of course I have that 250,000.

To lay their just hands on that Golden Key

So that's twenty plus one hundred.

So they'll go and they'll deposit it in maybe bank 1 over here, then over here in bank 2, and since there's more money in bank 1 and bank 2 you have the supply of money going up supply going up and also the demand for reserves is going up this cash right here, these are reserves.

Loan to Entrepreneur D.

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.

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

I want to deposit some money.

I have a fairly wealthy village.

But I have other expenses.

And we went the fractional reserve route.

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

I have some things in the hotel safe.

So he doesn't quite have 100,000.

We deposit money in a bank.

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.

Well, we wrote the 2 there, but we put the 1 up here, right?

It's all right. Just leave the money on the dresser.

And then I have 200 gold pieces that I just put into my building just to start it off.

Instead of having your money insecure in your backyard or your bed, why don't you put your savings in this building and if you ever need it, you can come and get it?

It's in a safety deposit box.

He deposited the prize money in the bank.

The money rests in a safe at the bank.

Let go of the painting and put it on the ground.

The Net Bank is an extreme example and illustrates a particular development.