How Banks Work

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  • Опубликовано: 3 окт 2024

Комментарии • 565

  • @CamdenVanderlaan
    @CamdenVanderlaan Месяц назад +902

    The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 🤣

    • @Luanne-m7q
      @Luanne-m7q Месяц назад +5

      I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters

    • @BrigetteWaltershield
      @BrigetteWaltershield Месяц назад +4

      Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

    • @MarcelinePancoast
      @MarcelinePancoast Месяц назад +1

      I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @BrigetteWaltershield
      @BrigetteWaltershield Месяц назад +1

      I've experimented with a few over the past years, but I've stuck with ‘’Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @MarcelinePancoast
      @MarcelinePancoast Месяц назад

      Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

  • @lawrencedyke
    @lawrencedyke 4 месяца назад +1008

    I'm really concerned about the current bank situation, especially with a major bank like SVB failing. A friend's startup was severely impacted by the bank run. I've withdrawn over $640k, as the FDIC only covers up to $150k. I want to invest in the stock market-any advice on how to proceed?

    • @SeanTalkoff
      @SeanTalkoff 4 месяца назад +4

      I've never felt secure keeping large sums in a bank, so I invest through my financial advisor. Banks are driven by greed and over-leveraging since 2020 contributed to SVB's collapse.

    • @WillieNickell
      @WillieNickell 4 месяца назад +4

      We were traveling in the same direction, my wife and I. I withdrew my money over the past two years and invested with her wealth manager. I won't be able to match her earnings over time, but at least I make more. Haha.

    • @DavidCovington-st2id
      @DavidCovington-st2id 4 месяца назад +3

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @WillieNickell
      @WillieNickell 4 месяца назад +3

      Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @DavidCovington-st2id
      @DavidCovington-st2id 4 месяца назад +3

      I find this informative, curiously explored Vivian Carol Gioia on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

  • @DarnaRosales
    @DarnaRosales 3 месяца назад +232

    for the past six months, i've been trading bitcoin independently but have been facing losses. can anyone provide a guidanceon how to achieve profiability

    • @ShirleyAdamson
      @ShirleyAdamson 3 месяца назад

      Best thing that happened to me last year that I can attest to is the progress I have made so far in trading. Entering the world of trading was my best decision ever. I know more is yet to come in 2024.

    • @EmanuealColesGarcine
      @EmanuealColesGarcine 3 месяца назад

      I always wanted to trade for a long time, but the price fluctuations have been very confusing to me. Although I have watched many RUclips videos about it, I still find it difficult to understand.

    • @Annayuu851
      @Annayuu851 3 месяца назад

      Personally, I would say to get a guide. Not sure where you will find a good one, but if your knowledge of the market is limited, it seems like a good idea.

    • @AlioneDonnely
      @AlioneDonnely 3 месяца назад

      Wow, I'm a bit surprised to see Ronald Tarrant Blinks mentioned here also. Didn't know he has helped so many people.

    • @Annayuu851
      @Annayuu851 3 месяца назад

      people who care knows that he has built a great reputation over the years. I found him with a simple search.

  • @Raymondjohn2
    @Raymondjohn2 Год назад +153

    It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone is the 15th when the government issue a new batch of Bonds. I have approximately 350k stagnant in my portfolio that needs growth. What is the best way to take advantage of this downturn?

    • @bob.weaver72
      @bob.weaver72 Год назад +3

      Indeed, you are correct! Economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.

    • @martingiavarini
      @martingiavarini Год назад +3

      In the world of fina-nce, rece-ssions are prime opportunities for wealth creation. When my port-folio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 250k. The knowledge and skills I have acquired through this experience have been inval-uable in my journey towards finan-cial success.

    • @hermanramos7092
      @hermanramos7092 Год назад +2

      @@martingiavarini That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

    • @martingiavarini
      @martingiavarini Год назад +3

      - [ ] My Financial adviser is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

    • @hermanramos7092
      @hermanramos7092 Год назад +2

      @@martingiavarini Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @AveryFossen
    @AveryFossen 10 месяцев назад +80

    Since Biden took office, there seem to have been more unfavorable results in America. I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the United States dollar or is this a good time to buy gold?

    • @fadhshf
      @fadhshf 10 месяцев назад +2

      It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

    • @lowcostfresh2266
      @lowcostfresh2266 10 месяцев назад +2

      This is exactly how i wish to get my finances coordinated ahead of retirement. Can I get access to your advisor?

    • @leojack9090
      @leojack9090 10 месяцев назад +1

      This information is valuable. I quickly searched her full name and her website appeared instantly, showcasing her impressive qualifications. Thank you for sharing.

    • @YahuasDisciple
      @YahuasDisciple 6 месяцев назад

      Bitcoin or gold brother

  • @harriet2330
    @harriet2330 Год назад +90

    Saving and investing has by far been the most profitable habit I developed these past years. It pays back effortlessly, and I’m glad I followed my Investment advisory’s recommendation to create a diversified portfolio, Mr Zachary Allen Mark is top notch

    • @collinslight153
      @collinslight153 Год назад

      I’ve seen several reviews about this individual, how does he operate? Would appreciate if you could shed more light

    • @harriet2330
      @harriet2330 Год назад +3

      Zachary is my trader and analyst, by handling my trades he ensures I make great returns. I’ve made good progress working with him, earning up to $2000 weekly, and more

    • @benjamin7364
      @benjamin7364 Год назад +2

      Mr Zachary’s speculations are very good. I’m amazed at his trading prowess, my loss percentage has drastically dropped

    • @collinslight153
      @collinslight153 Год назад

      @@harriet2330 That’s compelling, how do I reach him?

    • @harriet2330
      @harriet2330 Год назад

      You should Lookup the info *Zachary Allen Mark* on

  • @LewisBolton-me3gy
    @LewisBolton-me3gy 6 месяцев назад +14

    The crypto market is facing a key moment right now definitely in a short period of time it's going to incure a breakout to new record high.This is a critical moment where every investor needs to be aware of buying more with the current market trends, investing in bitcoin will be a very awesome move to make as its going to sky rock soon.

    • @Gemma616
      @Gemma616 6 месяцев назад

      I have made quite a stride investment
      on my own but I am aware of the
      benefits of consulting with a
      professional hands but haven't found
      any yet.

    • @Wendynkosi-rw9zm
      @Wendynkosi-rw9zm 6 месяцев назад

      so you don't possibly
      need to be perfect investor, all you need is a professional assistance

    • @Beckys-ij6uj
      @Beckys-ij6uj 6 месяцев назад

      How can one find a resourceful forex trader, i buy the idea of employing the services of a professional trader , its a shame market crashes as alot of late have become a sort of habit for stocks

    • @MurphyBulaga
      @MurphyBulaga 6 месяцев назад

      My financial advisor is "thomas harry" in terms of portfolio diversity he's genuine he's got years of financial market experience.

    • @MurphyBulaga
      @MurphyBulaga 6 месяцев назад

      What'sapp

  • @Rochelletrem
    @Rochelletrem Год назад +126

    The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far,” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0

    • @berkrix4312
      @berkrix4312 Год назад +5

      My main concern now is how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

    • @jeffery_Automotive
      @jeffery_Automotive Год назад +4

      Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

    • @theresahv
      @theresahv Год назад +3

      Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.

    • @georgebarret
      @georgebarret Год назад +3

      @@theresahv that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

    • @theresahv
      @theresahv Год назад +3

      JULIE ANNE HOOVER ’is the advisor that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, look - her up .

  • @cruzchristiana991
    @cruzchristiana991 Год назад +86

    It feels good to see the market in green, but just how long until we actually break even, I’m the average retail trader, DCA-ing, buying and holding on to stocks for eons, but it’s like I’m up 5% today and down 17% the next week, Yes the market is very Darwinian, there’s winners and losers, and it’s looking like I’ve been on a losing streak, while others make huge 6figure gains in the same market. What strategies are these folks using?

    • @havisrobert4492
      @havisrobert4492 Год назад +1

      So what I do is buy companies that are doing good things, executing on business plans and then short companies that are missing earnings, it’s as simple as that.

    • @xionglu9183
      @xionglu9183 Год назад

      @@havisrobert4492 we’ve been in a rally for the last decade, you just gotta accept not everyone is as knowledgeable in the market to handle the opportunities a crash market presents, and unfortunately for me too, I got in 2019 right before the market’s melting point, I just hope I recover soon enough before retirement. S`tay strong. I think the market will suffer more downtrends before full recovery, esp. with the inflation, hiked interest rate and looming recession bound to happen 2023, you should understand the market is not just finance and valuation, it’s history, it’s market psychology, it’s understanding how the world moves, which is why at this point in time, it’s ideal to work with an Investment-adviser with an unparalleled track record, from first hand experience, I could say they stand a better chance than most of us ever would and it has been reflecting on my portfolio. I made over $850k in net gains this year alone and I’m unbothered about the market outcomes cause I’m certain I’ll make a killing, it’s all perspective guys.

    • @georgemuller2329
      @georgemuller2329 Год назад

      @@xionglu9183 Nicely said, I was thinking about going that route too, RUclipsrs has been going on about opportunities at stake in this present market and I’d really love to set my portfolio up for whatever is coming 2023, could you recommend this coach that guides you?

    • @guesswilson290
      @guesswilson290 Год назад

      @@georgemuller2329 The coach I use is actually quite known, Emily Louisa Bahr. She has a wide presence on the web, so you can just search her.

    • @lloydthomas1946
      @lloydthomas1946 Год назад

      @@guesswilson290 Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @andersonwhiteman751
    @andersonwhiteman751 Год назад +61

    Most people venture into crypto to be a millionaire meanwhile I just want to be debt free

    • @mbalimaka6393
      @mbalimaka6393 Год назад +6

      That's very practical and smart goal a wise man once said do everything in your power to get out of debt one of his tips on getting rich

    • @kelvinpeter8640
      @kelvinpeter8640 Год назад

      Just do the right thing by trading with an expert, trust me you will be successful and debt free

    • @josephfrys6969
      @josephfrys6969 Год назад

      I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

    • @popsarah7805
      @popsarah7805 Год назад

      @@josephfrys6969 I'm enjoying working under a platform that brings good return in my life and I've been making my weekly returns without stress all in crypto currency

    • @popsarah7805
      @popsarah7805 Год назад

      @@josephfrys6969 Learn and trade under a guide I do same and I hardly make losses in the market

  • @AlexandraWilliam-rj7yc
    @AlexandraWilliam-rj7yc Год назад +134

    I wasn't financially free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start today regardless your age, invest and change your future! Investing in the financial markets is a grand choice I made. Great video! Thanks for sharing! Very inspiring! I love this.

    • @SkylahNewman-k8p
      @SkylahNewman-k8p Год назад +2

      I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.

    • @williamparies368
      @williamparies368 Год назад +1

      I am guided by Mark Stuart Jordan. Look him up online, He is quite popular in the united states and He is a certified financial adviser in order to put you through the procedures of achieving your dream portfolio.

    • @JohnEsther-js8by
      @JohnEsther-js8by Год назад +1

      That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?

    • @theearth1871
      @theearth1871 Год назад

      How banks work?
      Here it is
      ruclips.net/video/MxCOmoL0EnY/видео.html

    • @covewhitney9105
      @covewhitney9105 Год назад

      @@SkylahNewman-k8p Go buy the book the richest man in BABYLON,,, I bet you, you don't need anything else,, make sure you read it 10 times and slowly so the understanding can sink in for you to put them into action...

  • @Riggsnic_co
    @Riggsnic_co Год назад +84

    About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?

    • @kenanporubsky2122
      @kenanporubsky2122 Год назад +2

      We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.

    • @lipglosskitten2610
      @lipglosskitten2610 Год назад +2

      @@kenanporubsky2122 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @kenanporubsky2122
      @kenanporubsky2122 Год назад +2

      @@lipglosskitten2610 Catherine Morrison Evans, a well-known person in her field, is my advisor. I advise doing more study on her credentials. She is a great resource for anyone looking to understand the financial market because of her extensive experience.

    • @lipglosskitten2610
      @lipglosskitten2610 Год назад +2

      @@kenanporubsky2122 Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

    • @MrNedkelly11
      @MrNedkelly11 10 месяцев назад

      If your money has been honestly obtained you won't lose it after the coming global financial and banking crash. At most there will be a few weeks or months while the new governments and QFS become fully operational.
      The charitable view is that this video is a superficial PUFF piece designed to gaslight and misdirect viewers into thinking that: Banks are useful, and necessary and that “THEY ARE NOT GOING ANYWHERE, meaning the fraudulent criminal institutions we call banks will always be with us.
      THEY WON’T!
      After the coming global financial and banking crash banks as we know them will cease to exist. They will be replaced by a genuine, honest, quantum electronic system which eliminates fractional reserve banking and ALL the financialistaion criminality they breed.
      EVERY person will have total personal control of his/her finances under the UNHACKABLE QFS (however described) through use of a Q phone account that only the holder can operate.
      EVERY nation’s Treasury will RESUME responsibility for CREATION of the nation’s asset backed (by gold, silver and precious metals) money supply on an INTEREST FREE basis. That means that governments will no longer need or be able to impose income taxes which are unlawful anyway. Moreover, as money will no longer be manipulated by privately owned Central Banks and the banks they control; AND money will NOT be treated as a commodity and a store of value which can be hoarded and used to control and manipulate people, the global population will RETAIN the full value of their production and labour. In other words our world will almost immediately experience abundance and prosperity instead of our current dystopia in which increasing numbers of people are experiencing poverty, scarcity and want.
      Everyone will be able to have a home and a descent life.
      For details see:
      ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
      ronchapman.substack.com/p/cashless-society
      ronchapman.substack.com/p/the-incredible-mortage-scam-explained
      ronchapman.substack.com/p/home-mortgages-and-bank-interest
      ronchapman.substack.com/p/the-fed-and-all-the-rothschilds-central
      ronchapman.substack.com/p/israels-biblical-psychopathy-laurent

  • @leonnoble8164
    @leonnoble8164 Год назад +15

    Many people venture into crypto to be wealthy, meanwhile I just want to be debt free.

    • @johnchris7085
      @johnchris7085 Год назад

      Unfortunately The majority of individuals seem unaware of and careless when it comes to investing, despite the fact that it should be the best thing a person can do for himself. My gains from stocks and cryptocurrencies are still having a significant impact on my fortune. So I have no inclination to rely entirely on my pay or to wait for the market to go up.

    • @andreajueal8243
      @andreajueal8243 Год назад

      Assets that can make wealthy
      Crypto
      Stock
      Real estate
      Gold

    • @leahmolly9150
      @leahmolly9150 Год назад

      Now is the best time to purchase and invest in bitcoin, stop procastinating

    • @joshnorton4918
      @joshnorton4918 Год назад

      Nice recommendation

    • @claresmithy4667
      @claresmithy4667 Год назад

      90% of millionaires right now are investors in cryptO market.

  • @loveelpierre5278
    @loveelpierre5278 Год назад +60

    I watched the whole thing to see if y’all would mention that we’re no longer on the Fractional Reserve System, but instead on an Infinite Reserve System, wherein banks are no longer required to hold a portion of the deposits to lend out, and how they also changed savings accounts to be viewed as essentially checking accounts. Maybe make another video about those changes that were made in the last few years?

    • @FayeKu
      @FayeKu Год назад +6

      I feel like nobody even noticed when this huge event happened.

    • @Sk1pperCS
      @Sk1pperCS 9 месяцев назад +7

      Interesting. Gave it a google. Happened as of “March 26, 2020”

    • @killkqt2305
      @killkqt2305 8 месяцев назад +2

      ​@@Sk1pperCSjust when covid hit...

    • @RenixGames
      @RenixGames 6 месяцев назад +4

      Holy shit, how is this the first I hear of this... this is scary. And the fact that it was right when covid hit makes it even more suspicious...

  • @leahmolly9150
    @leahmolly9150 Год назад +22

    When you invest you're buying a day you don't have to work

    • @michaelandrenio993
      @michaelandrenio993 Год назад +6

      Assets that can make you rich
      Cry-pto
      Stocks
      Real estate

    • @mirabellelia9996
      @mirabellelia9996 Год назад +1

      ​@@michaelandrenio993You're right, it's obvious a lot of people remain poor due to ignorance

    • @madiezancanellatl9205
      @madiezancanellatl9205 Год назад

      I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

    • @thomasdooley3702
      @thomasdooley3702 Год назад

      Everyone needs more than their salary to be financially stable. The best thing to do with your money is to invest it rightly because money left for savings always ends up used without returns

    • @madiezancanellatl9205
      @madiezancanellatl9205 Год назад

      I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is directly you exactly?

  • @Global_Rankings_
    @Global_Rankings_ Год назад +24

    It's my first time on this channel and I'm honestly very satisfied with how you put all of this together, as I had trouble understanding as a very young man and this is gonna help me for sure and I'm definitely gonna watch this again.
    So thank you!

    • @anthonynix9659
      @anthonynix9659 10 месяцев назад +1

      I promise you’ll love this channel.. It’s brought invaluable insight and growth to my life

  • @u.s.6909
    @u.s.6909 Год назад +6

    Are there some books I can read so when bank CEO's like Jamie Dimon, the Fed Reserve Chairman or Christine Lagarde speak I understand what they are talking about and what they actually do? It all still goes over my head even after reading thick books about JPMorgan(The House of Morgan by Ron Chernow) and Goldman Sachs(The Partnership: The Making of Goldman Sachs). Thank you for this summary.

    • @utica2burn
      @utica2burn 6 месяцев назад

      Did you find what you were looking for and get to understand this?

  • @viktor1444
    @viktor1444 Год назад +63

    A recession as bad as it can be can provide very good opportunities, while others are playing safe and guiding thier cash, others are utilising the Volatility and making life changing finacial decisions ✌️

    • @viktor1444
      @viktor1444 Год назад +2

      ​@Kristy Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $180k to $572k in a short period of time. 💯

    • @Philips_1
      @Philips_1 Год назад

      ​@@viktor1444 I have made quite a stride on my own but how are you able to make that much? 🤔

    • @viktor1444
      @viktor1444 Год назад

      ​@@Philips_1 😂😂It's by simply investing in the stocks and crypto market, although I'm able to achieve this with the help of my advisor; ALEXA PAIGE WAGNER 👍

    • @Philips_1
      @Philips_1 Год назад

      ​@@viktor1444 I am aware of the benefits of consulting with a professional but haven't found one yet 😕

    • @viktor1444
      @viktor1444 Год назад

      ​@@Philips_1 I found her on a CNBC market interview, so I looked her up and we begun our awesome partnership. Her services are exceptional 👍

  • @m.s9146
    @m.s9146 Год назад +20

    Glad to hear that Alux is doing well and was a depositor and not investor!

  • @stephencombes1979
    @stephencombes1979 Год назад +5

    Alux should launch a Credit Union (not a bank) 🙂

  • @EmerleeGorman
    @EmerleeGorman 5 месяцев назад +5

    This video does an excellent job breaking down the complex world of banking in a clear and accessible way. Understanding how banks work is crucial for managing our finances effectively, and this video provides valuable insights for viewers of all levels of knowledge. From explaining the basics of deposits and loans to diving into more intricate concepts like fractional reserve banking, it's a comprehensive guide that demystifies the banking system. Whether you're a novice looking to learn the fundamentals or someone seeking a deeper understanding of financial institutions, this video is definitely worth a watch!

  • @ebishrimpy9366
    @ebishrimpy9366 Год назад +8

    Thank you for your free content here! This information is valuable and i will repeatedly watch until i know it like the back of my hand. I live in a third world country and the common person just isn't exposed to this info and financial topics tend to be intimidating. The average person knows only to save savings in a savings account ...or a tin can.

    • @MrNedkelly11
      @MrNedkelly11 10 месяцев назад

      Third World nations will have their money at One to One PAR value with all other nations' money under the QFS after the coming global financial and banking crash.
      The charitable view is that this video is a superficial PUFF piece designed to gaslight and misdirect viewers into thinking that: Banks are useful, and necessary and that “THEY ARE NOT GOING ANYWHERE, meaning the fraudulent criminal institutions we call banks will always be with us.
      THEY WON’T!
      After the coming global financial and banking crash banks as we know them will cease to exist. They will be replaced by a genuine, honest, quantum electronic system which eliminates fractional reserve banking and ALL the financialistaion criminality they breed.
      EVERY person will have total personal control of his/her finances under the UNHACKABLE QFS (however described) through use of a Q phone account that only the holder can operate.
      EVERY nation’s Treasury will RESUME responsibility for CREATION of the nation’s asset backed (by gold, silver and precious metals) money supply on an INTEREST FREE basis. That means that governments will no longer need or be able to impose income taxes which are unlawful anyway. Moreover, as money will no longer be manipulated by privately owned Central Banks and the banks they control; AND money will NOT be treated as a commodity and a store of value which can be hoarded and used to control and manipulate people, the global population will RETAIN the full value of their production and labour. In other words our world will almost immediately experience abundance and prosperity instead of our current dystopia in which increasing numbers of people are experiencing poverty, scarcity and want.
      Everyone will be able to have a home and a descent life.
      For details see:
      ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
      ronchapman.substack.com/p/cashless-society
      ronchapman.substack.com/p/the-incredible-mortage-scam-explained
      ronchapman.substack.com/p/home-mortgages-and-bank-interest
      ronchapman.substack.com/p/the-fed-and-all-the-rothschilds-central
      ronchapman.substack.com/p/israels-biblical-psychopathy-laurent

  • @Raymondcraw1967RaymondCrawley
    @Raymondcraw1967RaymondCrawley 4 месяца назад +5

    The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?

    • @faithAndarada
      @faithAndarada 4 месяца назад +2

      It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.

    • @BrewerVera
      @BrewerVera 4 месяца назад

      I agree, having a financial - advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

    • @OnyedikachiKing-bk6od
      @OnyedikachiKing-bk6od 4 месяца назад

      Impressive can you share more info?

    • @BrewerVera
      @BrewerVera 4 месяца назад +2

      'WHITNEY KAY STACY’ maintains an online presence. Just make a simple search for her name online.

    • @OnyedikachiKing-bk6od
      @OnyedikachiKing-bk6od 4 месяца назад

      She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website; thank you for sharing

  • @ListofSuperhits
    @ListofSuperhits Год назад +2

    it will be shifted in online mode with cashless transactions

  • @investpro890
    @investpro890 Год назад +1

    Dear Alux, the Alux App is VERY SLOW. It doesn't respond to user prompts quickly. Please fix this ASAP

  • @Scapital777
    @Scapital777 Год назад +7

    You guys did an excellent job putting this video together. Thanks

  • @WealthbuilderzTV
    @WealthbuilderzTV Год назад +16

    Man I really love how you guys break things down on the daily. Love it love it.

  • @syebethel
    @syebethel Год назад +6

    Double-entry accounting
    Stocks
    Currency
    Pegged
    Credit card
    Electronic payment systems
    Gold vs paper money
    Reserves
    Retail banking
    Interest
    Payment services (merchant services)
    Foreign exchange
    Commercial banking
    Investment banking
    Central banks

    • @MrNedkelly11
      @MrNedkelly11 10 месяцев назад

      The charitable view is that this video is a superficial PUFF piece designed to gaslight and misdirect viewers into thinking that: Banks are useful, and necessary and that “THEY ARE NOT GOING ANYWHERE, meaning the fraudulent criminal institutions we call banks will always be with us.
      THEY WON’T!
      After the coming global financial and banking crash banks as we know them will cease to exist. They will be replaced by a genuine, honest, quantum electronic system which eliminates fractional reserve banking and ALL the financialistaion criminality they breed.
      EVERY person will have total personal control of his/her finances under the UNHACKABLE QFS (however described) through use of a Q phone account that only the holder can operate.
      EVERY nation’s Treasury will RESUME responsibility for CREATION of the nation’s asset backed (by gold, silver and precious metals) money supply on an INTEREST FREE basis. That means that governments will no longer need or be able to impose income taxes which are unlawful anyway. Moreover, as money will no longer be manipulated by privately owned Central Banks and the banks they control; AND money will NOT be treated as a commodity and a store of value which can be hoarded and used to control and manipulate people, the global population will RETAIN the full value of their production and labour. In other words our world will almost immediately experience abundance and prosperity instead of our current dystopia in which increasing numbers of people are experiencing poverty, scarcity and want.
      Everyone will be able to have a home and a descent life.
      For details see:
      ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
      ronchapman.substack.com/p/cashless-society
      ronchapman.substack.com/p/the-incredible-mortage-scam-explained
      ronchapman.substack.com/p/home-mortgages-and-bank-interest
      ronchapman.substack.com/p/the-fed-and-all-the-rothschilds-central
      ronchapman.substack.com/p/israels-biblical-psychopathy-laurent

  • @carlajones8741
    @carlajones8741 Год назад +10

    I don't think they'll "open up" at least anytime soon but we can certainly open up by taking advantage of the financial education that's so abundantly offered to us. ❤

    • @NazriB
      @NazriB 10 месяцев назад

      Lies again? Car Jeep USD SGD

  • @johnkh2576
    @johnkh2576 Год назад +5

    If interest rate hikes keep there will be more bail outs.
    Thru Alux advice, I finished twice "how banking system works" at Coursera.Soon will start for third time.Thanks Alux 🎉❤

  • @garyjust.johnson1436
    @garyjust.johnson1436 Год назад +3

    That is why i am always the banker whenever i play the monopoly board game!

  • @campusevangelism1859
    @campusevangelism1859 Год назад +5

    You contents has added value to time in daily life sir or ma.

  • @clintonchandler9209
    @clintonchandler9209 Год назад +2

    Digital frontier banking online and out and the committee only that’s it keep up the good work bye

  • @yubarajmahara-ed1vn
    @yubarajmahara-ed1vn Год назад +2

    Can you please make a video about how investment banks works ?

  • @stealthkingproductionwmih4292
    @stealthkingproductionwmih4292 Год назад +3

    First

  • @yasinwissin7075
    @yasinwissin7075 Год назад +2

    I think we should go back to the gold standard or I'll keep using crypto for my daily transactions

  • @charlessmith4381
    @charlessmith4381 Год назад +2

    Gold was always the standard. Clipping coins and paper caused inflation and boom/bust cycles. The Federal Reserve,was responsible for the Great Depression. Our fiat system has caused continuous inflation and reductions in real wages. While allowing the government to run up huge deficits. Let be realistic about what is going on. Central banking and fiat always leads to massive inflation and major instability.

  • @darleneatkinson3906
    @darleneatkinson3906 Год назад +4

    Alux, thanks for video, the ? asked (How do you think that banking will look in the coming years?) time-line 18:54 in video! I am 65 earth years, I seen many changes in my lifetime, I personally think it will be digital online I-phone and scanned squad and cards with few people hold on paper money but cards are easily to deal with. It could even change more than what I mentioned. It very possible and universal system put into place and all funds are tracked for each country. I used to live in barter where give eggs for milk and pairs for apples that was in the 1960's era. Thank great video.

    • @MrNedkelly11
      @MrNedkelly11 10 месяцев назад

      The charitable view is that this video is a superficial PUFF piece designed to gaslight and misdirect viewers into thinking that: Banks are useful, and necessary and that “THEY ARE NOT GOING ANYWHERE, meaning the fraudulent criminal institutions we call banks will always be with us.
      THEY WON’T!
      After the coming global financial and banking crash banks as we know them will cease to exist. They will be replaced by a genuine, honest, quantum electronic system which eliminates fractional reserve banking and ALL the financialistaion criminality they breed.
      EVERY person will have total personal control of his/her finances under the UNHACKABLE QFS (however described) through use of a Q phone account that only the holder can operate.
      EVERY nation’s Treasury will RESUME responsibility for CREATION of the nation’s asset backed (by gold, silver and precious metals) money supply on an INTEREST FREE basis. That means that governments will no longer need or be able to impose income taxes which are unlawful anyway. Moreover, as money will no longer be manipulated by privately owned Central Banks and the banks they control; AND money will NOT be treated as a commodity and a store of value which can be hoarded and used to control and manipulate people, the global population will RETAIN the full value of their production and labour. In other words our world will almost immediately experience abundance and prosperity instead of our current dystopia in which increasing numbers of people are experiencing poverty, scarcity and want.
      Everyone will be able to have a home and a descent life.
      For details see:
      ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
      ronchapman.substack.com/p/cashless-society
      ronchapman.substack.com/p/the-incredible-mortage-scam-explained
      ronchapman.substack.com/p/home-mortgages-and-bank-interest
      ronchapman.substack.com/p/the-fed-and-all-the-rothschilds-central
      ronchapman.substack.com/p/israels-biblical-psychopathy-laurent

  • @ragnew7411
    @ragnew7411 4 месяца назад +1

    Get rid of credit cards, and our country would be better. Along with a better government

  • @nipungupta6237
    @nipungupta6237 Год назад +7

    @alux great video as always but you forgot to mention china. Europe got the idea for paper money when a European guy(don't remember his name) went to China and lived there for 25 years to study all the innovative things they created and the thing he was most impressed by were the paper notes developed to deal with the problem of rich merchants having to carry loads of coins every day to and from work

    • @waffle_chair9269
      @waffle_chair9269 10 месяцев назад

      I think they were first to use coins too weren’t they?

    • @shaelaputaindrole9625
      @shaelaputaindrole9625 2 месяца назад

      Sooo.. what you mean is China is actually the one who got the idea 😂

  • @sathyay5180
    @sathyay5180 Год назад +3

    I always love this channel

  • @williams1989kareem
    @williams1989kareem Год назад +1

    I'm interested in banks I am goal hunting for that lighting up

  • @Renould2010
    @Renould2010 Год назад +2

    Great data, on The History of Banking, 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾🙏🙏🙏👑❤️

  • @christineedgehill7533
    @christineedgehill7533 Год назад +1

    There are trainees practicing for Olympics Championship Games coming up. Its not a time to be procrastinating or lying but to perpetuate as followed. Saying this without fear of anyone seeing it here as a comment sexual intercourse with her and the girl is a must have. You provide the time and occasion letting others know exactly who is the entity of ALUX and has the configuration to continue the Championship Games that Olympics participants encourage training for. We obligate the fundamentals rights of athletics fitness programs to contribute for growth and empowerment. Sex is the way with both my chances of negotiations generosity and consistency. Tell them its a must have. Welcome to you, your name is honesty and your friendship is never ending. GOOD MORNING

  • @slaughterking5625
    @slaughterking5625 Год назад +2

    You guys have changed my life

  • @Dollakas
    @Dollakas Год назад +1

    1st & this is very informative
    Stay Awesome

  • @Samuthefuturebillionaire
    @Samuthefuturebillionaire Год назад +3

    I think there will come a time where banks will “open up” about the system they use in closed doors which will make it seem like individuals have “control” over what happens to their money.

    • @MrNedkelly11
      @MrNedkelly11 10 месяцев назад

      The charitable view is that this video is a superficial PUFF piece designed to gaslight and misdirect viewers into thinking that: Banks are useful, and necessary and that “THEY ARE NOT GOING ANYWHERE, meaning the fraudulent criminal institutions we call banks will always be with us.
      THEY WON’T!
      After the coming global financial and banking crash banks as we know them will cease to exist. They will be replaced by a genuine, honest, quantum electronic system which eliminates fractional reserve banking and ALL the financialistaion criminality they breed.
      EVERY person will have total personal control of his/her finances under the UNHACKABLE QFS (however described) through use of a Q phone account that only the holder can operate.
      EVERY nation’s Treasury will RESUME responsibility for CREATION of the nation’s asset backed (by gold, silver and precious metals) money supply on an INTEREST FREE basis. That means that governments will no longer need or be able to impose income taxes which are unlawful anyway. Moreover, as money will no longer be manipulated by privately owned Central Banks and the banks they control; AND money will NOT be treated as a commodity and a store of value which can be hoarded and used to control and manipulate people, the global population will RETAIN the full value of their production and labour. In other words our world will almost immediately experience abundance and prosperity instead of our current dystopia in which increasing numbers of people are experiencing poverty, scarcity and want.
      Everyone will be able to have a home and a descent life.
      For details see:
      ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
      ronchapman.substack.com/p/cashless-society
      ronchapman.substack.com/p/the-incredible-mortage-scam-explained
      ronchapman.substack.com/p/home-mortgages-and-bank-interest
      ronchapman.substack.com/p/the-fed-and-all-the-rothschilds-central
      ronchapman.substack.com/p/israels-biblical-psychopathy-laurent

  • @jayak3768
    @jayak3768 5 месяцев назад +1

    This is pretty misleading documentary. I am not sure if you mention anywhere 1934 gold confiscation act.
    Also it looks like it is written as supporting how we arrived current monetary system and why a currency backed by gold and requiring discipline is considered hindering growth.

  • @PatrickDewah
    @PatrickDewah Год назад +1

    I see a change in the global political system of Banking bc only a few States have power over banking system and wourld banking reserves .

  • @ayebarephillipable996
    @ayebarephillipable996 Год назад +4

    In coming years banks will have to shift towards the trending trends because today it's not only about keeping your money seated on the account but how best is it accumulating interest a service investment trust funds are capitalizing on. Otherwise thank you for the educative content

  • @russlea6383
    @russlea6383 Год назад +2

    Mike Moloney of GoldSilver produced another great explanation in "The Hidden Secrets of Money."

  • @lynncooksandmore7201
    @lynncooksandmore7201 Год назад +2

    👍👍

  • @_mATTYcruder
    @_mATTYcruder Год назад

    you didn't mention Private Banks

  • @giniwelle
    @giniwelle Год назад +4

    Simply great. Concise and informative.

  • @catiewilkes2301
    @catiewilkes2301 Год назад

    banks will become huge because robbing people will become easier as weapons and others criminal gadgets become more high-tech so putting your money in the bank will be the safest

  • @isoboyenifeipiri9529
    @isoboyenifeipiri9529 Год назад +2

    Wow. I love the depth of knowledge.

  • @713jtmechanic8
    @713jtmechanic8 Год назад +3

    Thank you for the education. This was great content.

  • @saadabbasi2063
    @saadabbasi2063 Год назад

    I am still not clear on how gold backed dollar had economic instability or inflation.
    How did people “Speculative attack” on the govt if it was pegged with right proportion.

  • @somerandomfella
    @somerandomfella Год назад +1

    Hopefully tech makes the banks redundant

  • @michellekilmer4777
    @michellekilmer4777 Год назад +1

    Hella Yeah for bootstraps🎉 Have own company and have been profitable from first year and my company is three

  • @theresenicolas2867
    @theresenicolas2867 Год назад +3

    I think the future of banking will remain relatively good, since most if not all people require financial services. But, banks should also impose good, responsible, and trustworthy practices because they play a key role in a country and people's economic state.

    • @kennethlalla1779
      @kennethlalla1779 Год назад

      Big mainstream banks are obsolete. Fintech is the future

  • @JoslynShakur-e3p
    @JoslynShakur-e3p 6 месяцев назад +1

    Huntington bank.What data do you have on the money program, the money programmers,and money programming?🏦

  • @JoslynShakur-e3p
    @JoslynShakur-e3p 6 месяцев назад +1

    Huntington bank. What about bank insurance? And money insurance?🏦💵

  • @googlegoogle1449
    @googlegoogle1449 Год назад +1

    For example India and Singapore policy makers have chances to transfer money from one bank to another

  • @romingsquare
    @romingsquare Год назад +1

    As a thank you, you missed bonus..

  • @googlegoogle1449
    @googlegoogle1449 Год назад +1

    Cross border transfer money 🎉🎉

  • @clementifangblog8583
    @clementifangblog8583 Год назад +1

    The future of bank will never Fail

  • @deep.scapes
    @deep.scapes Год назад +3

    Thanks for this. I am inspired by your videos. 🔥

    • @deepsharma1000
      @deepsharma1000 Год назад

      You are doing great with your videos. I just subscribed. 😊

    • @deep.scapes
      @deep.scapes Год назад

      @@deepsharma1000 Thank you so much! ☺️

  • @supermichaelssecondchannel4342
    @supermichaelssecondchannel4342 Год назад +1

    A little more developed than now.

  • @acajudi100
    @acajudi100 Год назад

    R.I.P Everyone killed everywhere..
    My Mexican rent is 14,000 pesos per month, but it changes ever month due to the fall of the dollar. I pay automatically out of my USA debit card. and i pay my grocery home delivery out of my debit, I use my No ATM fees to get pesos for tips, gifts , and local cash payments. My savings is in my USA bank account, and my pension is automatically deposited in my USA bank.
    It went up to 15,000 pesos march 13.
    PORK is DEADLY.
    R.I.P Everyone killed everywhere..

  • @NAIEFLIX
    @NAIEFLIX 10 месяцев назад

    Yes. At the end, 'BANK' will became the king by sucking our bloody interest...and you explained it as it is so simple and nothing wrong with this....

  • @slaughterking5625
    @slaughterking5625 Год назад +1

    I love you guys so much

  • @jonathanquinone248
    @jonathanquinone248 Год назад +3

    Proud Pinoy here! Since 2018 Alux lng sakalam!!

  • @KerryKraemer-s9e
    @KerryKraemer-s9e 6 месяцев назад +1

    What is the federal reserve, such as the Cleveland fed having more influence than other reserves such as the differences in interest rates that forecast growth plus or minus

  • @GrowthPathways88
    @GrowthPathways88 Месяц назад

    Benjamin Franklin:
    "Wealth is not his that has it, but his that enjoys it."

  • @a.a.n.340
    @a.a.n.340 Год назад +1

    now i know what my cats feel when i explained my problems with him

  • @josefwsteinerify
    @josefwsteinerify 6 месяцев назад

    WRONG! Banks don't need deposits for creating loans. They creat credit out of thin air if the bank thinks they will get the money back.

  • @Financial_Revolution
    @Financial_Revolution Год назад +1

    11:19 and “transferring wealth to the issuers of the money” you know, the cantelleon effect

  • @peggylynn84
    @peggylynn84 Год назад +1

    Another Awesome video Thanks Much Love ❤❤❤

  • @santosrodriguez4457
    @santosrodriguez4457 Год назад

    Xrp will move money for cb faster what will that implement im not sure but it will have a mass effect on banking globally 😊

  • @anshudubey3178
    @anshudubey3178 Год назад +1

    Alux app is laggy please fix that..👍

  • @albertomagdua7109
    @albertomagdua7109 Год назад

    Banks eversince and Forever..The biggest bank nowadays is China Infrastructure and Investment Bank,bigger than World Bank,.Thank you so much!

  • @Fnyo455
    @Fnyo455 7 месяцев назад

    *I'M 50 YEARS AND I RETIRED AT 47. I WAS ABLE TO DO THIS BECAUSE I UNDERSTAND FOUR PRINCIPLES OF FINANCIAL PLANNING SUCCESSE THINK LONG TERM WITH GOALS AND INVESTING. SPEND LESS THAN YOU EARN. MAINTAIN LIQUIDITY(AN EMERGENCY SAVINGS) MINIMIZE THE USE OF DEPT*

  • @TheMarathonomahos
    @TheMarathonomahos 9 месяцев назад

    Banks gamble in many ventures, and can win or lose big time. Banks don't have the money to borrow what they borrow out, they are a middleman who make their money from interest and investments, amongst other methods. So essentially make money out of nothing.

  • @BotlhaleSeleme-g5v
    @BotlhaleSeleme-g5v Год назад +1

    The future of banking for me will be completely digital. I think there will no longer be paper and coin money, only digital currencies. I see the world QUICKLY heading to digital currencies without actually seeing it.

    • @MrNedkelly11
      @MrNedkelly11 10 месяцев назад

      There will be physical money and currency but the QFS will be primarily digital and all money and currency will be gold and silver backed.
      The charitable view is that this video is a superficial PUFF piece designed to gaslight and misdirect viewers into thinking that: Banks are useful, and necessary and that “THEY ARE NOT GOING ANYWHERE, meaning the fraudulent criminal institutions we call banks will always be with us.
      THEY WON’T!
      After the coming global financial and banking crash banks as we know them will cease to exist. They will be replaced by a genuine, honest, quantum electronic system which eliminates fractional reserve banking and ALL the financialistaion criminality they breed.
      EVERY person will have total personal control of his/her finances under the UNHACKABLE QFS (however described) through use of a Q phone account that only the holder can operate.
      EVERY nation’s Treasury will RESUME responsibility for CREATION of the nation’s asset backed (by gold, silver and precious metals) money supply on an INTEREST FREE basis. That means that governments will no longer need or be able to impose income taxes which are unlawful anyway. Moreover, as money will no longer be manipulated by privately owned Central Banks and the banks they control; AND money will NOT be treated as a commodity and a store of value which can be hoarded and used to control and manipulate people, the global population will RETAIN the full value of their production and labour. In other words our world will almost immediately experience abundance and prosperity instead of our current dystopia in which increasing numbers of people are experiencing poverty, scarcity and want.
      Everyone will be able to have a home and a descent life.
      For details see:
      ronchapman.substack.com/p/cosmic-consciousness-and-its-energetic
      ronchapman.substack.com/p/cashless-society
      ronchapman.substack.com/p/the-incredible-mortage-scam-explained
      ronchapman.substack.com/p/home-mortgages-and-bank-interest
      ronchapman.substack.com/p/the-fed-and-all-the-rothschilds-central
      ronchapman.substack.com/p/israels-biblical-psychopathy-laurent

  • @churchill19708
    @churchill19708 Год назад +1

    ❤❤❤ boot strapped!!

  • @Acteaon
    @Acteaon Год назад +1

    16:58 so we have the very entity who commits fractional reserve banking to manage/over see other entities who do the same ? Can we say conflict of interest?

  • @stelingtonumiong5575
    @stelingtonumiong5575 Год назад

    Banks will disappear soon as a new competitors rise up.. Crypto will exchange instead Banking system😂😢

  • @JoslynShakur-e3p
    @JoslynShakur-e3p 6 месяцев назад +1

    Huntington bank.🏦💵 What about people who earned their money but do not have a memory about their money?💵💰🤑

    • @jonnovember2136
      @jonnovember2136 3 месяца назад +1

      5:55 I am not feeling the FOMO💰... Where is my latinum #TDBank💳?🌎💘💰

  • @MichaelJones-do5mh
    @MichaelJones-do5mh 11 месяцев назад

    Banks will not be as needed mostly so to ai. Also crypto currency and the block chain. Between the two what will there be a need for banking as we know it today. I'm sure there will still be some kind of bank someone that watches over things, but yea I think banking will change big time, major changes coming in the near future.

  • @satyajitkapoor3677
    @satyajitkapoor3677 Год назад +1

    Thanks ALUX

  • @amin-ur-rasheed3520
    @amin-ur-rasheed3520 Год назад

    Please make video on Islamic Banking

  • @priyanshu3863
    @priyanshu3863 Год назад +1

    Great explain

  • @1995taiwo
    @1995taiwo Год назад

    Fun fact: Banks are not allowed to loan out depositors money which is also called “Stock Monies”. You’d think this is something the video creator should know but I guess not so instead they spew misinformation as to how banks work instead of how banks should not work. Also, banks do not have any credit whatsoever simply because all the money belongs to depositors and all credit created by a bank actually belongs to the nations Treasury and the Treasury belongs to the people.
    Do research people and stop letting people tell you what is and what is not because you will only know if someone is giving you the correct information if you go read up how the system is set up for yourself.

  • @Leonardmkbd23
    @Leonardmkbd23 Год назад +1

    How do insurance companies work and who insurers insurance companies?

    • @X_mano
      @X_mano 6 месяцев назад

      The government through tax payers money i suppose

  • @simplemind7
    @simplemind7 Год назад

    In 1971 the great impoverishment for the masses started 'fractional reserve', yes just a fraction.

  • @Alex78306
    @Alex78306 Год назад

    Watching this from Babylon 🇮🇶❤️

  • @retobar752
    @retobar752 Год назад

    Your explanation about the Gold Standard is not really true.

  • @ShadapEmdor-nf7hg
    @ShadapEmdor-nf7hg Год назад

    UPI will replace your Credit and Debit cards....Chill

  • @shaheemjackson283
    @shaheemjackson283 Год назад +1

    6:25 Soo, does this mean that there will never a financial crisis as big as the great depression again?