The Year That Changed Money Forever
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Top Comments (10)
Minority Mindset deserves more subscribers.
Sir, this is by far the best and most consolidated video on how money works!
Another video that should be a mandatory lecture in all High Schools.... Government doesn't create wealth, Government only creates inflation....
A random guy on YouTube dropping gems named Jaspreet 🔥
Pure gold. This should be shown to all High School and College students. Perhaps adults as well.
This is exactly what the President of El Salvador said about the US
Banking panics are a feature not a bug.
Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/c9c942 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The sad state is ever since the pandemic, the bank reserve requirement dropped to 0% and still is 0% today. That means every dollar, dime, penny, etc. you deposit is lent out. This wouldn't cause reckless lending or investing correct. Individual need to realize bank wealth is built off the individual. You build a house, get a loan (debt) while the bank owns the home. Lending 100% of depoaits with the backing of the federal reserve. Banking industry is a win win situation while the consumers lose.
Finance and Economics 101 for all high school students. There is too much information out here not to learn about the financial system we live in.
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Top Comments (10)
Minority Mindset deserves more subscribers.
Sir, this is by far the best and most consolidated video on how money works!
Another video that should be a mandatory lecture in all High Schools.... Government doesn't create wealth, Government only creates inflation....
A random guy on YouTube dropping gems named Jaspreet 🔥
Pure gold. This should be shown to all High School and College students. Perhaps adults as well.
This is exactly what the President of El Salvador said about the US
Banking panics are a feature not a bug.
Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/c9c942 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The sad state is ever since the pandemic, the bank reserve requirement dropped to 0% and still is 0% today. That means every dollar, dime, penny, etc. you deposit is lent out. This wouldn't cause reckless lending or investing correct. Individual need to realize bank wealth is built off the individual. You build a house, get a loan (debt) while the bank owns the home. Lending 100% of depoaits with the backing of the federal reserve. Banking industry is a win win situation while the consumers lose.
Finance and Economics 101 for all high school students. There is too much information out here not to learn about the financial system we live in.