Learn About Money – Part 1: Popular Misconceptions
There’s a lot of confusion about how banks work and where money comes from.
Very few members of the public really understand it.
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Economics graduates have a slightly better idea, but many university economics courses still teach a model of banking that hasn’t applied to the real world for decades.
The worrying thing is that many policy makers and economist still work on this outdated model.
In this video course we’ll discover how banks really work, and how money is created. But first, to clear up any confusion, we need to see what’s wrong about the way that most people think banks work.