Topic brief

3 timestamped hits 2 source readings 3 extracted notes Aliases: fractional-reserves, reserve, reserves

A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.

fractional reserve

The economics concept that banks must retain a reserve while lending the rest; Jiang uses it as the conventional model he then complicates.

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Key Notes

fractional reserve

Glossary

The economics concept that banks must retain a reserve while lending the rest; Jiang uses it as the conventional model he then complicates.

Money model explained on 2025-08-22.

model

Jiang argues that even under fractional reserves, banks expand money beyond deposited cash; the important point is that bank accounting creates money in practice.

banking model in lecture

model

The economics-class answer to banking is fractional reserve logic, but Jiang says the real system creates a larger balance sheet by treating the loan and deposit as coexisting claims.

Timestamped Evidence

Power Is Alchemy

2025-08-22, day precision · Secret History #1: How Power Works (4K Re-Upload with Audio Fixed)

Transcript

"You cannot loan all the money that you have. They will have a limit like 25%. I don't know. Okay. Maybe 10%. So you..."

Power Is Alchemy

2025-08-22, day precision · Secret History #1: How Power Works (4K Re-Upload with Audio Fixed)

Transcript

"...good. So in economics, you learn about the idea of the fractional reserve system. Okay? What's fractional reserve? As you say, you must leave..."

Power Is Alchemy

2025-08-21, day precision · Secret History #1: How Power Works

Transcript

"...good. So in economics, you learn about the idea of the fractional reserve system. Okay? What's fractional reserve? As you say, you must leave..."

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