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Banking Explained – Money and Credit finance industry

Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives?

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Banking Explained – Money and Credit
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34 thoughts on “Banking Explained – Money and Credit finance industry”

  1. I respect your work mate because, you are pointing people at the right direction. If there's one thing I have learnt recently, it's to remain calm, especially when it comes to investments in crypto currency.Learn not to sell in panic when everything goes down and not to buy in euphoria when everything goes up. I advise you all to forget predictions and start making good profit now because feature valuation are all speculations and guesses. The market is unstable and you can't tell if it's going bullish or bearish. While myself and others are trad!n without a fear of making lose. Others are being patient for the price of skyrocket. It all depends on the pattern you follow. I was able to make 6BTC from 2.1BTC in just September from implementing with trade tips and info from Mr Brian Carruther

  2. You become a politician so you can write laws to help the rich get away with crime and other politicians so you want to be rich in this world become a politician it’s a great way to get away with crime

  3. 1:50 What about fractional reserve lending?
    Almost all credits given out are secured only by a fraction of the savers money
    Aka the bank is lending money that wasent there before and is creating more money, what makes saving unattractive, just as saving the scarce ressources of our planet

  4. Basically when your 4th grade teacher prints out smiley face dollars and you have to behave to have cookies on the last day of school

  5. Lol, you think the financial intermediary theory of banking is really true? What a joke. Banks don't lend deposits, nor do they lend reserves. Banks lend bank credit denominated in the common unit of account. The credit creation theory of banking is accurate, not this nonsense.

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