Banking Explained – Money and Credit
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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? The music from the video is available here! http://epicmountainmusic.bandcamp.com/track/banking http://soundcloud.com/epicmountain/banking http://www.epic-mountain.com Visit us on our Website, Twitter, Facebook, Patreon or Behance to say hi! http://kurzgesagt.org https://www.facebook.com/Kurzgesagt https://twitter.com/Kurz_Gesagt http://www.patreon.com/Kurzgesagt http://www.behance.net/Kurzgesagt Banking Explained – Money and Credit Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Kommentare
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Word "BANK" came from "Bench", well played buddy! :D
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Did "hundreds of billions of dollars" really "just evaporate"?
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0:21 top left corners says A$$
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sad. You failed this time. Shame.
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No mention of fractional reserve banking? where banks make money out of thin air.. Gaddafi was killed by US backed terrorists not because he was a bad man but because he planned to introduce a new currency in Africa called the gold dinar, literally made of gold and had real value, the problem with that is that Libya exports/exported the most oil of any country in that area and the US can't just make virtual money out of nothing to pay for it if they have to pay with something of value, so they killed Gaddafi so he would threaten their fake currency the petrodollar. This could've been a fix for the corruption in the banks that control the world, but we all turn a blind eye to how much we truly are oppressed by the US government.
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Let's remember every major bank is linked the Rothschild and their allies in one way or the other.
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You didn't mention Fractional Reserve Banking, Fiat currency etc. This is a POOR explanation of the Fraud that is banking.
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banco is italiano for desk....not bench
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Even though this is the most essential topic ever to know as an adult, I didn't thoroughly understand it until today. :)
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It should be %%%%%%%%%%%%%%%%%%%%%%%%%, not %%%.
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Conjuring fiat currency from the vacuum of space and then charging interest on this non-existent fiction seems very immoral. In this way bankers make debt slaves of the average person. When the dollar crashes people will execute bankers in the streets for their treachery! All the dead banksters will be no real loss to society, they are all parasites!!
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My brain hurts XD
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You missed Sardinia in Italy's map!!!!!!!!!!!!
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You are a compulsive liar who should have your tongue chopped off you Illuminati shill you. May you face the repercussions of your non-sense and be thrown in the lion's cage you Rothchild's defender. All money is a form of debt, and all the central banks know this. More debt these parasites write the more wealthy they become if they're paid back or not. STOP SPREADING DISINFORMATION TO THE PUBLIC because when ALL IS EXPOSED, serious consequences Will have to be met to all you frigin LIARS, cocksucking satan worshippers.
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Right before this video, I had an ad about a class teaching you how to run a business.
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Rothschild?
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why do you have doctor who's tardis in almost all video's ?
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Every system that involves money eventually is made complicated purposely. Just like big corps to escape taxes, for example. Calling money resource is an insult to those that produce. Capitalist system is what was adopted cause world hasnt tried anything beside communism and capitalism. And cause people were dumb as fuck back then.