The History of Global Banking: A Broken System?

Comments · 2.5K

• EC

  @EconomicsExplained · 6 years ago · pinned

  Thanks as always for watching :D This video was requested by the team over on Patreon. If you want to have your say on what video is produced next please consider supporting the channel. <br><a href="https://www.patreon.com/EconomicsExplained">https://www.patreon.com/EconomicsExplained</a>

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• CO

  @collinslagat3458 · 6 years ago

  &quot;There isn&apos;t enough cash in existence to payoff all the debt in existence.&quot;<br><br>That hit different.

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• CU

  @customersupport9055 · 5 years ago

  MY MAN REALLY USED RUNESCAPE GOLD FOR HIS ILLUSTRATION

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• FI

  @FinanceOptimum · 6 years ago

  <b>&quot;It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.&quot;</b> ~ Henry Ford

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• AL

  @alifinley9156 · 6 years ago

  I never considered “interest” or “taxes” as mechanisms for compelling people to believe that money has value. Thank you. <a href="https://www.youtube.com/watch?v=aIQY44LCIjc&amp;t=870">14:30</a>

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• PR

  @precisiont5188 · 4 years ago

  Despite the benefits of taxation, taxation created the largest s+lave system in recorded history.

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• SA

  @samuelmitchell5937 · 6 years ago

  It seems like the financial system is a gigantic Dungeons and Dragons game, where people agree that others playing the game have certain powers and agree on a set of rules.

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• IN

  @INMisi-bt9wk · 6 years ago

  Economics Explained: Conspiracy free<br><br>Me: We get to hear conspiracies for free???

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• TH

  @this_is_japes7409 · 6 years ago (edited)

  so basically it all goes back to the housing sector being an unproductive &quot;industry&quot; that for some reason keeps growing in value, primarily due to mortgages still being handed out like hotcakes, causing most of our economic unrest. kinda like the diamond industry trying to keep its artificially high value.

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• TU

  @Tuppoo94 · 6 years ago

  <a href="https://www.youtube.com/watch?v=aIQY44LCIjc&amp;t=1219">20:19</a> So the only thing keeping Deutsche Bank afloat is basically nostalgia.

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• DA

  @davidmalawey · 4 years ago (edited)

  Love your channel and I’ve watched dozens of hours.<br><br>As an engineer seeking understanding of the economy I think gross domestic “output” is a measure that lies near the answer to many of my biggest questions.<br><br>I’m a little sad this is the first time I heard “output” specified in your videos. &nbsp;Hope to see it come up more, along with the implications it has, as they differ from GDP.

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• LI

  @LibertyScholar · 6 years ago

  <a href="https://www.youtube.com/watch?v=aIQY44LCIjc&amp;t=988">16:28</a> &quot;Money Printer GO BRRRRRR&quot; Execellent memeing.

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