Help! How does banking affect the money supply? Write in your own words. i dont know how i would write this .

By lowering the reserve requirements, banks are able to loan more money, which increases the overall supply of money in the economy. Conversely, by raising the banks' reserve requirements, the Fed is able to decrease the size of the money supply

hello! The other person explained it better than me so give him .

Explanation:

Cons:

Banks are flawed and can crash casuing money loss

it has Low or No Interest Rates

Wide range of fees

pros: keeps money safe!

Online banks

Community and local banks.

Many people trust banks but in my opinion, banks are overrated (even though i use one lol) I think its just to vunerable

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