Banking Explained – Money and Credit
Added 2015-03-12 13:36:24 +0000 UTCBanks 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 where banks invented, why did they cause the last crisis and are there alternatives?
Comments
grammar check
Chris Brackeen
2016-06-05 08:04:28 +0000 UTCthat made banking so much clearer. Thank you great job on the video
Nat Thomas Golder
2015-03-12 20:10:37 +0000 UTCI imagine that Cryptocurrencies would require their own video to fully explain, plus I don't think anybody can speak with authority about what role they will have on a *Global* scale, just yet. We can describe their mechanisms, and what roles they are currently filling (starting to get some exciting inroads into remittance markets!), but can only speculate about what they *might* allow in the future, or which of a hundred potential applications get the most attention and thus investment and realization. As this video explained, banks are in the risk management business and Cryptocurrencies democratize risk management.. but by far most end users still want their risks transparently managed "by somebody else". What shape will that middle tier wind up taking with Crypto?
Jesse Thompson
2015-03-12 18:41:34 +0000 UTCThanks a lot for this. More brilliant and interesting content.
Tom Langford
2015-03-12 18:25:06 +0000 UTCThank you for also covering crowdfunding and microcredit lending in this. Any chance you will cover crypto-currencies?
Scott Moore
2015-03-12 16:04:50 +0000 UTCThanks again for a great informational video! :D
José
2015-03-12 15:21:06 +0000 UTC
