First Fireside Chat True or False

1. When you deposit money in a bank, what does the bank do with it? -> Loans it out to others or invests it
2. Why is it better for the economy to keep money in a bank rather than in a shoebox under your mattress? -> Banks know how to use your money better than you do
3. If every customer of a bank rushed to withdraw all of their money at once, what would happen? -> The bank would have to turn people away, because they don't keep all of that cash on hand
4. Economic panic is almost always caused by ______, and almost always restored by ________. -> criminals; the government
5. What do we call the central institution that regulates all of the banks in the nation? -> The Federal Reserve

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