If you are interested in how banks make money, and how our banking system works, this is an interesting video. It goes through how banking came about, as well as how the whole system works so that banks make money while providing a service to society. It’s an interesting video, and one of the most controversial things (in some opinions) that the video maker says is that gold is basically useless. He points that, practically speaking, gold really doesn’t have any more value than the paper money that we use. The difference is that thousands of years ago society decided that [...]Post from:
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A Look at How Banks Make Money
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