Over the page is a little video from the 1940s. It gives a simplified view of most common banking processes. It is interesting how little changes in banking – the technology has improved (well – at least it has more flashing lights), but the processes remain.
The description of the overall banking process is a bit short – it considers the bank as if it were a total monopoly. The rest is a good, simple description of the banking process. I like the way it describes the funds on deposit – it makes it clear they are not money. It does fail to point out the errors of “social credit”, but we cannot get everything in 10 minutes.
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