Economics Homework Help

Universiti Teknologi Petronas Islamic Banking Theory and Practice Forum Paper

 

Hello there, can someone help me to answer the question regarding the banking system?

Please watch the video entitled “How Money Works Cartoon” at YouTube channel: .

Your focus should be directed on the impact of the fiat monetary system and the role of bank in the credit-based economy that trigger economic instability.

After watching the video and based upon your understanding, please answer the following: Critically discuss the danger posed by the fiat monetary system and the fractional reserve banking system.