Banking Explained – Money and Credit finance and banking

by susquehanNAva



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?

OUR CHANNELS
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
German Channel:
Spanish Channel:

HOW CAN YOU SUPPORT US?
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
This is how we make our living and it would be a pleasure if you support us!

Get Merch designed with ❤ from
Join the Patreon Bird Army 🐧

DISCUSSIONS & SOCIAL MEDIA
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Reddit:
Instagram:
Twitter:
Facebook:
Discord:
Newsletter:

OUR VOICE
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
The Kurzgesagt voice is from
Steve Taylor:

OUR MUSIC ♬♪
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
700+ minutes of Kurzgesagt Soundtracks by Epic Mountain:

Spotify:
Soundcloud:
Bandcamp:
Youtube:
Facebook:

The Soundtrack of this video:

Help us caption & translate this video!

.

Images related to the topic finance and banking

Banking Explained – Money and Credit

Search related to the topic Banking Explained – Money and Credit

#Banking #Explained #Money #Credit
Banking Explained – Money and Credit
finance and banking
You can see a lot of useful information here: see more here
You can see a lot of useful information here: see more here

You may also like

43 comments

Kurzgesagt – In a Nutshell 16/12/2021 - 4:46 Chiều

Head over to our shop to get exclusive kurzgesagt merch and sciency products designed with love.
Getting something from the kurzgesagt shop is the best way to support us and to keep our videos free for everyone.
►► http://kgs.link/shopkgs
(Worldwide Shipping Available)

Reply
Bebhinn 16/12/2021 - 4:46 Chiều

The soundtrack slaps!

Reply
IshiFishin' Stuff 16/12/2021 - 4:46 Chiều

please redo this in several 10 minute parts

Reply
Ray Weiss 16/12/2021 - 4:46 Chiều

I realized that the secret to making a million is making better investment . I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest : ng . For example last year I invested 70k in blue chip stocks and crypt0 s ( with the help of my advisor of course ) and made about 380k , but guess what ? I put it back and traded with her again and now I'm rounding up close to a million . Delayed gratification always pays off

Reply
Wayne Ellsworth 16/12/2021 - 4:46 Chiều

To put this in a more simple form, banks are giant pyramid schemes that pay you minute amounts on the money you keep there so that they can make money off of lending out your money. Or more effectively the promise of paying with your money, which we call credit. So for example the car dealership wants $25,000 for the car the bank approves you for a loan of $25,000 and agrees to pay the dealership their money you now pay the bank that payment, without the money ever leaving the bank's hands because quite often that bank probably holds the funds for that dealership as well.

Reply
Murshida Najnin 16/12/2021 - 4:46 Chiều

Eeeeeee

Reply
Hector Rodriguez 16/12/2021 - 4:46 Chiều

Can you make one on Bitcoin please?

Reply
Ely Gurren 16/12/2021 - 4:46 Chiều

Creating derivatives which out weight the amount of cash in the world over 10 fold

Reply
Ely Gurren 16/12/2021 - 4:46 Chiều

Making billions from charging $35 from people who have $0

Reply
Amones-Ray 16/12/2021 - 4:46 Chiều

It's a little weird that you portrayed 'regular' banking as the devil in the end, because your critique was entirely systemic. You showed how different arrangements can provide healthier incentives for credit institutions, rather than just saying bankers should be less greedy.
The comments section seems to veer a little more towards the moralist side and I wonder if that little creative choice contributed to this.

Reply
[email protected] 16/12/2021 - 4:46 Chiều

Investing in Bitcoin has made a lot of young investor millionaires, taking the right direction and investing for the future has been my prior motive. started investing with a professional trade who helps me out' Mrs Maria

Reply
aGr3atD4y 16/12/2021 - 4:46 Chiều

great video!

Reply
95ellington 16/12/2021 - 4:46 Chiều

Whats with all the bots in the comments all of a sudden?

Reply
Sara Yeng 16/12/2021 - 4:46 Chiều

I respect your work mate because, you are pointing people at the right direction. If there's one thing I have learnt recently, it's to remain calm, especially when it comes to investments in crypto currency.Learn not to sell in panic when everything goes down and not to buy in euphoria when everything goes up. I advise you all to forget predictions and start making good profit now because feature valuation are all speculations and guesses. The market is unstable and you can't tell if it's going bullish or bearish. While myself and others are trad!n without a fear of making lose. Others are being patient for the price of skyrocket. It all depends on the pattern you follow. I was able to make 6BTC from 2.1BTC in just September from implementing with trade tips and info from Mr Brian Carruther

Reply
Kanishak Singh 16/12/2021 - 4:46 Chiều

Why ur channel name sounds like country Kyrgyzstan

Reply
Beckley Smith 16/12/2021 - 4:46 Chiều

Crypto currency is the future, investing in it will be the wisest thing to do especially with the current rise.

Reply
TarriPup 16/12/2021 - 4:46 Chiều

PIKACHU used PAYDAY

Reply
SantiagoHidalgo1975 16/12/2021 - 4:46 Chiều

I wonder how much time and effort was put just in a 6 min video, the animation, sounds, script and overall quality is just astonising

Reply
JoeplayzCool 16/12/2021 - 4:46 Chiều

I love this voice it makes the vid satisfy its hearing

Reply
P Zakkly 16/12/2021 - 4:46 Chiều

You become a politician so you can write laws to help the rich get away with crime and other politicians so you want to be rich in this world become a politician it’s a great way to get away with crime

Reply
Big Smoke 16/12/2021 - 4:46 Chiều

Yup, I’m definitely a communist

Reply
iskandar zulqarnain 16/12/2021 - 4:46 Chiều

Roblox

Reply
Matheus Caetano 16/12/2021 - 4:46 Chiều

Muito bom!!!!

Reply
Nochal Nosowski 16/12/2021 - 4:46 Chiều

1:47 MALUCH O KURWA

Reply
Malick 16/12/2021 - 4:46 Chiều

"Give a man a gun and he can rob a bank, but give a man a bank, and he can rob the world"

Reply
Vanessa Caetano 16/12/2021 - 4:46 Chiều

Hmmm

Reply
EA: get cancer 16/12/2021 - 4:46 Chiều

and then you read, that CDOs came back into existence in 2015 haha…

Reply
J J 16/12/2021 - 4:46 Chiều

1:50 What about fractional reserve lending?
Almost all credits given out are secured only by a fraction of the savers money
Aka the bank is lending money that wasent there before and is creating more money, what makes saving unattractive, just as saving the scarce ressources of our planet

Reply
Robert 16/12/2021 - 4:46 Chiều

Basically when your 4th grade teacher prints out smiley face dollars and you have to behave to have cookies on the last day of school

Reply
The Duke 16/12/2021 - 4:46 Chiều

If you owe $1,000,000 you have a problem. When you owe $1,000,000,000,000 the bank has a problem

Reply
Mesudman 16/12/2021 - 4:46 Chiều

Reden deutsch

Reply
riv commons 16/12/2021 - 4:46 Chiều

rinne eemeli

Reply
call me revo 16/12/2021 - 4:46 Chiều

And because there are more than 30,000 banks around the world , I'm starting a career out of bank robbery …

Reply
Top Hat 16/12/2021 - 4:46 Chiều

Banco is more like table than bench

Reply
Kar Far 16/12/2021 - 4:46 Chiều

Lol, you think the financial intermediary theory of banking is really true? What a joke. Banks don't lend deposits, nor do they lend reserves. Banks lend bank credit denominated in the common unit of account. The credit creation theory of banking is accurate, not this nonsense.

Reply
Lau Lyck 16/12/2021 - 4:46 Chiều

Wrong, when the bank interest gets negativ, you pay to have money ind the bank

Reply
Imperator der sozialen Marktwirtschaft 16/12/2021 - 4:46 Chiều

Bad video!
So doesn't work creating of money. Money is created by every credit.

Reply
Zhi Tek Zhi Tek 16/12/2021 - 4:46 Chiều

Very interesting and details, appreciate it

Reply
ThatOneNoob 16/12/2021 - 4:46 Chiều

"You don't rob a bank. The bank robs you" -Some guy, probably

Reply
Alan Luth 16/12/2021 - 4:46 Chiều

back when banks still gave interest

Reply
SinALT 16/12/2021 - 4:46 Chiều

hey, wanna rob that bench?

Reply
Nguyễn Duy 16/12/2021 - 4:46 Chiều Reply
was wohin 16/12/2021 - 4:46 Chiều

Nazi-TV and his money-printer-propaganda. The banks are all in property of the riches. FED and EZB too.

Reply

Leave a Comment