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Have you ever wondered where money really comes from and how it flows through our economy? Every hour, the U.S. government produces hundreds of millions of dollars in cash, but most of that money exists only as digital numbers. In this video, we dive into the history of money, from ancient bartering systems to gold coins and paper notes, and explore how the invention of loans and digital banking has transformed the global economy. Learn how banks "type" money into existence, and how this can cause inflation and debt, and don’t forget to watch until the end to learn how you can enter this month’s giveaway!
Enter this month’s giveaway:
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Short on time? Feel free to skip ahead in this video using the chapter links below.
00:00 Where Does Money Come From?
00:55 The Origins of Money
02:18 The Invention of Loans
04:59 Why Banks Create Money
06:44 How Banks Create Money Out of Thin Air
07:00 Debt, Inflation, and the Economy Explained
07:41 The Role of the Central Bank and Government Bonds
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References: https://primalnebula.com/how-new-money-is-created
Written and animated by Ewan Cunningham (https://www.instagram.com/ewan_cee/)
With help from: Orkun Zengin
Music used in this video:
The Twelve Spies - Silver Maple
Last Snow - Hampus Naeselius
Melting Glass - Eden Avery
Eternal Garden - Dan Henig
Fervent - Christoffer Moe Ditlevsen
Amalthea - Van Sandano
Imber - Christoffer Moe Ditlevsen
#Currency #Banking #History