Banking Explained – Money and Credit
Economy | Information | History | Online | Facts | World | Global | Money
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
Comments
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you didnt mention about cryptocurrencies (bitcoin for example)
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So bank is stelling my money to build stupid toy factories?
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when comunisim can solve everything :)
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Doesn't explain banking system...just tells different types of banking...misleading title.
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Other than the origins of the word "bank," this video didn't teach me a damn thing.
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I love the animation in your videos!
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Can u do a video on islamic Banking.?
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This video is so cute that i is hard to say that is full of bullshit.
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What about the Federal Reserve making money out of thin air ?
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pikachu!!!
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Hello, which soft can i create videos like that?
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nice video. but you forget about federal reserve, especially how they make money
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Well, I'd say that micro credits (especially in poorly developed young countries, like the Baltic states in eastern Europe, where I live, and that only got independence from Russian occupation mere 25 years ago) are spreading and acting like a cancer. According to latest statistics, almost 20% of our tiny population has recently taken and still paying back some micro credit, and alarming 50% (!) of them are unable to pay it back in time, and part of those people are forced to take another micro credit just to pay back the previous! It's unthinkable financial slavery, supported in governmental level - although due to huge protests our government have taken some measures to at least somehow slow down the micro credits being given to people, who obviously won't be able to pay it back, but our poor and mostly pretty stupid population are still slowly getting in this credit swamp deeper and deeper. :(
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5:09 lol its that potato salad thing
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A nice video. Purely factual and nigh on unbiased.
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i thought i saw every video you guys made but no
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3 56 is the most satisfying thing evrr
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at 3:29, symbol of simileons, the currency of SIMCITY.
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No mention of the Rothschilds. Hmm.
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whats up with the ducks and birds xD
its adorable
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