Top 10 Facts – Money

Top 10 Facts – Money

When most of us think of money we think of circular fragments of metal, inked sheets of paper, and quasi-magical plastic issued by the bank-fairy. But what did people do before money? Well, long before the advent of modern day currencies, people engaged in a practice known as barter. Bartering is the direct exchange of

Econ Duel: Fiat Money vs. the Gold Standard

Econ Duel: Fiat Money vs. the Gold Standard

♪ [music] ♪ – [Scott] With the onset of the financial crisis and the Great Recession, a lot of people have been re-examining our monetary system. There was a lot of criticism of the Federal Reserve’s role in particular. A lot of people feel that the Federal Reserve printed too much fiat money and they

Bitcoin is worthless (but so is your “real” money)

Bitcoin is worthless (but so is your “real” money)

Hi, my name is Xavier, and when I talk about cryptocurrencies, I often get comments saying that Bitcoin, Ethereum, and others aren’t worth anything. That people are just artificially creating its value. And you know what, that’s true. I also hear that they’re not real because it’s only virtual money, not physical. That’s true as

DEBT episode 3: Why crises occur

DEBT episode 3: Why crises occur

We hebben gezien dat financiële bubbels zijn niet alleen maar goed voor de economie voordat ze knappen. Maar het allerergste is dat ze niet voor altijd door kunnen gaan. Wat de bubbel zal eindigen is dat door de stijgende schulden mensen steeds meer inkomsten moeten gebruiken voor het terug betalen van de schulden plus rente.

Why can’t we just print money to pay off debt?

Why can’t we just print money to pay off debt?

Have you ever wondered why countries can’t just print more money to off their debts… or to feed the homeless or fix unemployment, or any other issue for that matter. Now, this may seem like a rather silly question, but I think it may be one of those questions people might be a bit too

How to Fuel the Economy Without Increasing Debt, through Sovereign Money

How to Fuel the Economy Without Increasing Debt, through Sovereign Money

Thank you. Ok, my name is Ben Dyson if you haven’t met me before I founded Positive Money back in 2010. Thank you. So what I am going to talk about now is the current economic situation that we are in and what we need to be doing to deal with it and what our

DEBT episode 1: Debt, a great invention

DEBT episode 1: Debt, a great invention

Hallo mijn naam is Dirk bezemervan de Rijksuniversiteit Groningen in Nederland Ik zal met jullie doornemen wat geld is en waarom geld, krediet, schulden en de financiele sectorbelangrijk zijn voor onze economie. We zitten nu in een krediet crisis of een schulden crisis. Dus het lijkt er op dat er recentelijk een boel geld is

MMT: Why Do Governments That Issue Their Own Currency Bother To Sell Bonds?

MMT: Why Do Governments That Issue Their Own Currency Bother To Sell Bonds?