Khan acadamy nails fractional reserve banking.

I don't know how I missed this video - it's excellent. Salman Khan shows how fractional reserve banking, combined with FDIC insurance, allows banks to "arbitrage the yield curve".

Kowabunga! Fractional Reserve Banking on the Telly!

Sadly this may only be visible to British viewers and even then only for the next seven days. If anyone knows of an alternative way to view this program, please tell me.

Britain's Banks: Too Big to Save?