The Free Market Center
The Free Market Center
As in the previous models, our grower friend starts with no money.
Grower | Dealer | Bank | Money/Deposits |
---|---|---|---|
Opening Balance: $0.00 |
Opening Balance: $2,250 |
Opening Balance: $1,250. |
Total Money: $3,500. Deposit Liabilities: $3,500. |
As before, all parties have accounts at the bank for which the bank has deposit liabilities equal to total money.