FOLLOW ALONG: www.instagram.com/steveantonioni/
THE HISTORY OF ECONOMIC COLLAPSES: • From the Great Depression to the COVI...
INTERESTING LINKS 👇🏼
RECOMMENDED READING 📚
START HERE: amzn.to/2xw7cP9
FINANCIAL FREEDOM: amzn.to/2KXx2P9
INVESTING: amzn.to/3c0Rx9y
GEAR USED IN THIS VIDEO 📽
MY FAVOURITE CAMERA: amzn.to/2VVcP2Y
PERFECT LIGHT: amzn.to/2SoMb0g
MICROPHONE: amzn.to/2VXDBYx
AUDIO RECORDER: amzn.to/3bYMcQ0
This video explores the mechanism by which money is created in our modern world. There is a common misconception that our banking system simply takes in deposits from savers and then loans out these deposits as credit. But this isn't actually true.
Banks do not loan out deposits. Instead, they create a new deposit whenever a loan is issued, thereby creating new money that increases the money supply in the economy.
Understanding how this relates to the function of debt and credit in our modern world will give you the big picture understanding to view your own credit card, mortgages, or other debts through.
BUSINESS INQUIRIES 🤝
steveantonioni@gmail.com
ABOUT ME 🙋🏻♂️
Steve Antonioni created Cash College with the intention of being the financial education class you missed in school. Combining academic and professional expertise in finance with self taught filmmaking skills, Steve aims to bring financial education to everyone in a fun, accessible, and hone
Stephen Antonioni