How is Money Created ? And How it makes you Poorer.

Опубликовано: 30 Сентябрь 2023
на канале: pranjal kamra

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Ever wondered how money actually comes into existence?

In this video, we'll take you on a journey through time, from when people traded stuff directly to how banks play a role in making money today.

We'll start by returning to when people didn't use money. They exchanged things they had for things they wanted, but there was a catch - both parties had to want what the other had.

You'll also learn how banks make money from your savings and how they profit by lending it to others. It's like a money magic trick you've probably never thought about.

Lastly, we'll learn about What happens when we print lots and lots of money.

00:00 - Introduction
01:00 - When we traded Rice and Sugar
02:25 - When Gold Coins became currency
04:10 - When Paper Became Currency
07:23 - When Banks Create Money
11:09 - When a Nation Creates Money
12:51 - When You Become Poorer
15:00 - How You Can Beat the Inflation

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