Trader Channels

Calendar

«  

August

  »
M T W T F S S
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 

Click on a day to view the event

Today
Traders & Investors Club Event

Elliott Wave International

Do You Know How Banking Really Works?

Kevin Barry  |  Thu, 27/12/2012 - 17:46
Kevin Barry

Most university economics courses still teach a model of banking that hasn’t applied to the real world for decades. Unfortunately, this means that the people who run our economy, most economists and practically all politicians, make decisions that deeply affect our lives based upon abject ignorance of what money is and how it is created.

Our friends over at Positive Money have produced a video course in six parts that will open your eyes to how our banking system really works.

Part 1: Misconceptions Around Banking

Part 2: What's Wrong With The Money Multiplier?

Part 3: How Money Is Actually Created By The Banks

Part 4: To Follow

Part 5: To Follow

Part 6: To Follow

Positive Money believes that the root cause of many of our current social, economic and environmental problems lies in the way that we allow money to be created. They work to make the confusing world of money and banking much easier to understand.

For more information, please visit the Postive Money website. 

See video
5
Your rating: None Average: 5 (1 vote)
Login to post comments |  Email this Video ArticleEmail this Video Article |  Facebook |  Twitter |  Digg |  del.icio.us |   |  Tags: banking, central banks, debt, fractional reserve, money creation, money multiplier, Currency

Copyright © 2011 Traders & Investors Club. All Rights Reserved.