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Warning: Table './tradersandinvest_db/watchdog' is marked as crashed and should be repaired query: INSERT INTO watchdog (uid, type, message, variables, severity, link, location, referer, hostname, timestamp) VALUES (0, 'php', '%message in %file on line %line.', 'a:4:{s:6:\"%error\";s:14:\"strict warning\";s:8:\"%message\";s:126:\"Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state)\";s:5:\"%file\";s:87:\"/home/tradersandinvest/public_html/sites/all/modules/views/plugins/views_plugin_row.inc\";s:5:\"%line\";i:135;}', 3, '', 'https://tradersandinvestorsclub.co.uk/category/tags/banking', '', '3.15.149.24', 1732171054) in /home/tradersandinvest/public_html/includes/database.mysql.inc on line 136

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banking

Do You Know How Banking Really Works?

Kevin Barry  |  Thu, 27/12/2012 - 16:46
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

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