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How Banks Magically Create Money

Visit http://joindeleteme.com/SPACE and use the code SPACE at checkout to get 20% OFF Have you ever wondered where money really comes from and how it flows through our economy? Every hour, the U.S. government produces hundreds of millions of dollars in cash, but most of that money exists only digitally. In this video, we dive into the history of money, from ancient bartering systems to gold coins and paper notes, and explore how the invention of loans and digital banking has transformed the global economy. Learn how banks "type" money into existence, and how this can cause inflation and debt, and don’t forget to watch until the end to learn how you can enter this month’s giveaway! Enter this month’s giveaway: https://primalnebula.com/giveaway/ Short on time? Feel free to skip ahead in this video using the chapter links below. 00:00 Where Does Money Come From? 00:55 The Origins of Money 02:18 The Invention of Loans 04:59 Why Banks Create Money 06:44 How Banks Create Money Out of Thin Air 07:00 Debt, Inflation, and the Economy Explained 07:41 The Role of the Central Bank and Government Bonds Thanks for watching this Primal Space video. If you enjoyed it, let me know in the comments below, and don't forget to subscribe so you can see more videos like this! Support Primal Space by becoming a Patron!   / primalspace   Twitter:   / theprimalspace   References: https://primalnebula.com/how-new-mone... Written and animated by Ewan Cunningham (  / ewan_cee  ) With help from: Orkun Zengin Music used in this video: The Twelve Spies - Silver Maple Last Snow - Hampus Naeselius Melting Glass - Eden Avery Eternal Garden - Dan Henig Fervent - Christoffer Moe Ditlevsen Amalthea - Van Sandano Imber - Christoffer Moe Ditlevsen #Currency #Banking #History