What actually happens to your money after you deposit it into a bank? In this episode of Need to Know, we break down the mechanics of modern finance in plain language—from how banks create money out of thin air, to why inflation happens, how central banks manipulate interest rates, and what causes recessions. Whether you're a financial novice or someone trying to make sense of economic headlines, this episode unpacks the hidden forces shaping your wallet, your debt, and your future. Because in today’s world, understanding money isn’t optional—it’s survival.
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