Knowing the Ledger Series: The Power of Bookkeeping Entries: What is Money? Episode 1

When you do not acknowledge it. You become subject to it.

The purpose of this episode is to describe the basic process of money creation in a "fractional reserve" banking system. The approach taken illustrates the changes in bank balance sheets that occur when deposits in banks change as a result of monetary action by the Federal Reserve System - the central bank of the United States. The relationships shown are based on simplifying assumptions.

Participation is apart of the process. Education on money and finance is essential for our success as a cooperative group. Current Investor/Members will receive patronage credit in their member capital accounts, for their participation in our educational videos and through all interactions with the cooperative. Prospective members can claim their credit, once they have invested and registered at www.ccg.coop. Real estate investing is an exciting way to make money. It's a great option, but it requires planning and patience.