Recorded Live 2015 4 21
As you know, China cut its RRR again, but this time by a full 1%. What does that mean? What is the math behind it? How much more money does it pump into the Chinese economy: 0.2%, 2% or 20%?
In this video we review the fractional reserve banking system, the money multiplication formula, the change of RRR and its impact on money supply. You will see EXACTLY what the Bank of China did.
We also do a lot of technical analysis for: USD/CAD, GBP/JPY, GBP/USD, USD/JPY, GOLD, OIL, SP500 and more.
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