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Teaching Pack 06
What Do You Actually Own? Understanding Counterparty Risk
Follow the rights, records, and obligations behind a coin, a bank balance, and a brokerage account. Discover who must perform, what protections apply, and how access or recovery can change under stress.
Ages 13–1815-Minute Core ActivityLessons, Books & Documentary
Connecting the Teaching PacksLook Behind the Account Balance
Pack 02 introduced the deposit as a bank obligation. Pack 05 explored what a dollar amount can buy. Now examine the rights and dependencies behind what you hold.
This activity brings…
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October 28
Richard Werner Explains How Banking Really Works
Banks are commonly thought of as deposit-taking institutions that lend money. The legal reality is different: banks do not take deposits, and banks do not lend money.What is a “deposit”? It is not actually a deposit. It is not a bailment, and it is not held in custody. At law, the word “deposit” is...
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October 27
October 26
- YouTube
YouTube
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October 23
Wow, that was fast! I posted just a few minutes before you edited it.
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