This week was about understanding the role and relationship between demand deposits, loans & trust in the financial system. We learned about the 72-hour window for deposit retrieval and 48-hour notice for loan repayment , and to me this was such an interesting fact. M1,M2,M3 these terms would've sounded so confusing at first right? Primarily I thought the same but got a grip on it once I heard the professor explain it to us. M1 consists of currency in circulation and demand deposits while M2 includes everything that is in M1 as well as the savings accounts and time deposits and M3 has both M1&M2. The demand for these has become firm which led to the discussion on Bank of Canada and its actions on inflation and strategies for recovery of interest. During economic downturns, rebuilding public trust becomes crucial. Can you think of some factors which help in regaining trust? I'll help you with this, factors like strong and relatable communication, ethical practices and government support helps in doing so