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?

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38 COMMENTS

  1. and then crowdfunders started to fund complete craps, and they then realized that if professional inverstors didnt invest in these products, its because they know.
    and that funding should in the end be left to professionals

  2. Im missing the part where the rothschild family started both world wars in order to keep the few nations trying to break away from the rule of the international banking cartel under its rule.

  3. The modern banking system is called "Lombard Banking" after Lombardy where it began. In many parts of the world pawn brokers are still called Lombards.

  4. In 2020 the banks now exist almost entirely on billions to trillions of newly minted dollars from central banks and treat customers as their greatest risks.

  5. You should withdraw this video…it is extremely misleading and whitewashes the malign influence banks have on society.

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