How Banks Work

Ever wondered how banks actually work?
Watch the SVB Situation: • Our Bank Went Bankrupt
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00:00 - Intro
00:49 - History Of Banking
05:16 - The Gold Standard
08:10 - Fractional Reserve Banking
11:58 - Types Of Banks
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Пікірлер: 592

  • @lawrencedyke
    @lawrencedykeАй бұрын

    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 I've withdrawn over $640k, as the FDIC only covers up to $150k.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

    Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

    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
    @DarnaRosalesАй бұрын

    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

    Ай бұрын

    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

    Ай бұрын

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

  • @Annayuu851

    @Annayuu851

    Ай бұрын

    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

    Ай бұрын

    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

    Ай бұрын

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

  • @Raymondjohn2
    @Raymondjohn211 ай бұрын

    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

    11 ай бұрын

    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

    11 ай бұрын

    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

    11 ай бұрын

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

  • @martingiavarini

    @martingiavarini

    11 ай бұрын

    - [ ] 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

    11 ай бұрын

    @@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.

  • @AlexandraWilliam-rj7yc
    @AlexandraWilliam-rj7yc Жыл бұрын

    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.

  • @user-oc2ri3cu9g

    @user-oc2ri3cu9g

    Жыл бұрын

    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

    Жыл бұрын

    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

    Жыл бұрын

    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

    11 ай бұрын

    How banks work? Here it is kzread.info/dash/bejne/f6x3sc-ofJOrnrw.html

  • @covewhitney9105

    @covewhitney9105

    11 ай бұрын

    @@user-oc2ri3cu9g 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...

  • @andersonwhiteman751
    @andersonwhiteman751 Жыл бұрын

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

  • @mbalimaka6393

    @mbalimaka6393

    Жыл бұрын

    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

    Жыл бұрын

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

  • @josephfrys6969

    @josephfrys6969

    Жыл бұрын

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

  • @popsarah7805

    @popsarah7805

    Жыл бұрын

    @@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

    Жыл бұрын

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

  • @lindapoplin7150
    @lindapoplin715011 ай бұрын

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

  • @lukeben1596

    @lukeben1596

    11 ай бұрын

    Assets that can make you rich Bitcoin Stocks Real estate

  • @christianajoe8563

    @christianajoe8563

    11 ай бұрын

    ​@@lukeben1596You're right, it's obvious a lot of people remain poor due to ignorance

  • @joshnorton4918

    @joshnorton4918

    11 ай бұрын

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

  • @michaelandrenio993

    @michaelandrenio993

    11 ай бұрын

    ​@@joshnorton4918I'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

  • @michaelandrenio993

    @michaelandrenio993

    11 ай бұрын

    ​@@joshnorton4918Learn and trade under a guide I do same and I hardly make losses in the market

  • @AveryFossen
    @AveryFossen7 ай бұрын

    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

    7 ай бұрын

    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

    7 ай бұрын

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

  • @leojack9090

    @leojack9090

    7 ай бұрын

    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

    3 ай бұрын

    Bitcoin or gold brother

  • @Rochelletrem
    @Rochelletrem11 ай бұрын

    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

    11 ай бұрын

    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

    11 ай бұрын

    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

    11 ай бұрын

    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

    11 ай бұрын

    @@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

    11 ай бұрын

    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 .

  • @AliceSpencer-vr8fi
    @AliceSpencer-vr8fi Жыл бұрын

    You work for 40 years to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.....

  • @StephanieNwose

    @StephanieNwose

    Жыл бұрын

    Wow thank you for your kind heart, I really find it difficult to trade myself am looking forward to find an Exprt to help me out when I ran into you

  • @AbdulmujibAbyan

    @AbdulmujibAbyan

    Жыл бұрын

    ​@@StephanieNwoseimagine investing in Bitcoin earlier.... You could have been a multimillionaire recently

  • @samuelbenjamin3901

    @samuelbenjamin3901

    Жыл бұрын

    ​@carllampard8126It's obvious everyone is doing this online Investments

  • @BabelLukeman

    @BabelLukeman

    Жыл бұрын

    ​@@samuelbenjamin3901I agree with you it has been an eye-opening experience for a lot of people

  • @BiancaEnzo-oh8wl

    @BiancaEnzo-oh8wl

    Жыл бұрын

    ​@@BabelLukemanInvestment is the key to achieving success with the current pandemic slowing down so many businesse

  • @cruzchristiana991
    @cruzchristiana991 Жыл бұрын

    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

    Жыл бұрын

    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

    Жыл бұрын

    @@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

    Жыл бұрын

    @@xionglu9183 Nicely said, I was thinking about going that route too, KZreadrs 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

    Жыл бұрын

    @@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

    Жыл бұрын

    @@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.

  • @loveelpierre5278
    @loveelpierre5278 Жыл бұрын

    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

    Жыл бұрын

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

  • @Sk1pperCS

    @Sk1pperCS

    6 ай бұрын

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

  • @killkqt2305

    @killkqt2305

    5 ай бұрын

    ​@@Sk1pperCSjust when covid hit...

  • @RenixGames

    @RenixGames

    3 ай бұрын

    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...

  • @Riggsnic_co
    @Riggsnic_co Жыл бұрын

    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

    Жыл бұрын

    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

    Жыл бұрын

    @@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

    Жыл бұрын

    @@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

    Жыл бұрын

    @@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

    7 ай бұрын

    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

  • @viktor1444
    @viktor1444 Жыл бұрын

    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

    Жыл бұрын

    ​@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

    Жыл бұрын

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

  • @viktor1444

    @viktor1444

    Жыл бұрын

    ​@@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

    Жыл бұрын

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

  • @viktor1444

    @viktor1444

    Жыл бұрын

    ​@@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 👍

  • @Global_Rankings_
    @Global_Rankings_10 ай бұрын

    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

    7 ай бұрын

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

  • @EmerleeGorman
    @EmerleeGorman2 ай бұрын

    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!

  • @jonathanquinone248
    @jonathanquinone248 Жыл бұрын

    Proud Pinoy here! Since 2018 Alux lng sakalam!!

  • @johnkh2576
    @johnkh2576 Жыл бұрын

    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 🎉❤

  • @larryrhodes
    @larryrhodes Жыл бұрын

    Great video! I still recall watching “it’s a wonderful life” in grade school. It was shown as a Christmas movie during the holidays, but could’ve been a great education moment for young kids at that time. Seems everything old is new again these days.

  • @ayebarephillipable996
    @ayebarephillipable996 Жыл бұрын

    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

  • @carlajones8741
    @carlajones8741 Жыл бұрын

    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

    7 ай бұрын

    Lies again? Car Jeep USD SGD

  • @Scapital777
    @Scapital77711 ай бұрын

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

  • @u.s.6909
    @u.s.6909 Жыл бұрын

    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

    3 ай бұрын

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

  • @harriet2330
    @harriet2330 Жыл бұрын

    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

    Жыл бұрын

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

  • @harriet2330

    @harriet2330

    Жыл бұрын

    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

    Жыл бұрын

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

  • @collinslight153

    @collinslight153

    Жыл бұрын

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

  • @harriet2330

    @harriet2330

    Жыл бұрын

    You should Lookup the info *Zachary Allen Mark* on

  • @MarcellsChannel
    @MarcellsChannel Жыл бұрын

    It is always great to see a youtube channel listen to its fans; it is even better when that channel is huge. Thanks Alux!

  • @NazriB

    @NazriB

    Жыл бұрын

    Lies again? Pig Heads Wild Boar

  • @WealthbuilderzTV
    @WealthbuilderzTV Жыл бұрын

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

  • @nipungupta6237
    @nipungupta6237 Жыл бұрын

    @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

    7 ай бұрын

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

  • @m.s9146
    @m.s9146 Жыл бұрын

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

  • @russlea6383
    @russlea6383 Жыл бұрын

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

  • @stephencombes1979
    @stephencombes1979 Жыл бұрын

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

  • @leonnoble8164
    @leonnoble8164 Жыл бұрын

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

  • @johnchris7085

    @johnchris7085

    Жыл бұрын

    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

    Жыл бұрын

    Assets that can make wealthy Crypto Stock Real estate Gold

  • @leahmolly9150

    @leahmolly9150

    Жыл бұрын

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

  • @joshnorton4918

    @joshnorton4918

    Жыл бұрын

    Nice recommendation

  • @claresmithy4667

    @claresmithy4667

    Жыл бұрын

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

  • @Acteaon
    @Acteaon Жыл бұрын

    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?

  • @Financial_Revolution
    @Financial_Revolution Жыл бұрын

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

  • @beyzayuncuoglu
    @beyzayuncuoglu Жыл бұрын

    Awesome content! I would love to learn more about these services, it's really interesting.

  • @ebishrimpy9366
    @ebishrimpy9366 Жыл бұрын

    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

    7 ай бұрын

    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

  • @levarcarter
    @levarcarter Жыл бұрын

    The first known examples of paper currency as we would understand it today were created in China during the Song Dynasty (AD 960-1279). Promissory notes known as "Jiaozi" were printed by a group of merchants in Sichuan during the reign of Emperor Zhenzong (AD 997-1022).

  • @MrNedkelly11

    @MrNedkelly11

    7 ай бұрын

    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

  • @giniwelle
    @giniwelle Жыл бұрын

    Simply great. Concise and informative.

  • @campusevangelism1859
    @campusevangelism1859 Жыл бұрын

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

  • @arahman2001
    @arahman20012 ай бұрын

    correction madam, in fractional reserve banking the banks holds a tiny reserve around 1 to 3% of the money to be loaned out and then generates digital money ie creates money out of nothing and lends it out to the borrower, when the borrower brings back the money plus some interests, the bank cancels the digital codes of that money and profits on the interests, allowing banks to profit from nothing

  • @Samuthefuturebillionaire
    @Samuthefuturebillionaire Жыл бұрын

    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

    7 ай бұрын

    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

  • @theresenicolas2867
    @theresenicolas2867 Жыл бұрын

    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

    Жыл бұрын

    Big mainstream banks are obsolete. Fintech is the future

  • @TruckingwithJReddick
    @TruckingwithJReddick Жыл бұрын

    A lot of people have a lot of distrust in the banking system after SVB. With that in mind, I think people are going to start hoarding a small percentage of their money and investing in projects and investments that allow them to liquidate their assets very quickly. Most will probably start putting what FDIC will cover in their accounts.

  • @googlegoogle1449
    @googlegoogle1449 Жыл бұрын

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

  • @user-lr2bi3nz6h
    @user-lr2bi3nz6h3 ай бұрын

    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

  • @bimbola5822
    @bimbola5822 Жыл бұрын

    Future of the banks for me, is both bright and dark. Bright for them if the people continue to see their banks as a safe place to keep their money, and banks as usual, continue to keep a fraction of their deposits and use the rest as loans to borrowers. Well, it’s really gonna be dark for banks if people instead would rather invest than save their money. Money is a game of numbers. Buy assets with all the money you got, and don’t stop buying. Don’t Save!.

  • @user-bk6ep4yh5m
    @user-bk6ep4yh5m9 ай бұрын

    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 .

  • @ListofSuperhits
    @ListofSuperhits Жыл бұрын

    it will be shifted in online mode with cashless transactions

  • @albertomagdua7109
    @albertomagdua710911 ай бұрын

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

  • @airsickgaming2
    @airsickgaming25 ай бұрын

    With fears about these big banks needing bail outs, etc… use your community financial institutions. You get better service and can indirectly help your community.

  • @yubarajmahara-ed1vn
    @yubarajmahara-ed1vn Жыл бұрын

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

  • @syebethel
    @syebethel Жыл бұрын

    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

    7 ай бұрын

    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

  • @713jtmechanic8
    @713jtmechanic8 Жыл бұрын

    Thank you for the education. This was great content.

  • @user-gq2sl5ry1w
    @user-gq2sl5ry1w3 ай бұрын

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

  • @Renould2010
    @Renould2010 Жыл бұрын

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

  • @visualsbyandre8235
    @visualsbyandre8235 Жыл бұрын

    Next video we have to discuss china becoming the main currency or atleast their plans to.

  • @darleneatkinson3906
    @darleneatkinson3906 Жыл бұрын

    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

    7 ай бұрын

    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

  • @user-gq2sl5ry1w
    @user-gq2sl5ry1w3 ай бұрын

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

  • @somerandomfella
    @somerandomfella Жыл бұрын

    Hopefully tech makes the banks redundant

  • @LeonardMokubedi23
    @LeonardMokubedi23 Жыл бұрын

    How do insurance companies work and who insurers insurance companies?

  • @X_mano

    @X_mano

    3 ай бұрын

    The government through tax payers money i suppose

  • @pnjwck
    @pnjwck Жыл бұрын

    Question on Fractional Reserve Banking; is it the same for a bank to loan out 97% of the deposits vs. considering the whole deposit as 3% of their total asset?

  • @DizzyNLD

    @DizzyNLD

    3 ай бұрын

    The explanation of how banking works is not exactly complete in this video. The accounting is missing and that is what will answer your question. Banks don’t lend out deposits and deposits also aren’t used as reserves. The deposits are not assets, but liabilities for the banks, they owe you the money. If you take out a loan at a bank, the loan agreement is an asset for the bank because you owe them the money (it is an IOU/promise to pay you made). Then they will create the money in your account as a liability to you. No deposits of other people or reserves are used to lend you the money for the loan. Reserves are accounts they hold at the central bank and any physical cash they hold

  • @Robertsmith-iv7pc
    @Robertsmith-iv7pc9 ай бұрын

    I see Banks merging with insurance companies or Banks becoming their own insurance company to better serve their clients creating a win-win putting the growth power & potential in the hands of their clients for the bank and the growth of the client being governed by central banks and being labeled as TRUE self baking 19:01 with a bunch of perks for the bank and the client

  • @clementifangblog8583
    @clementifangblog8583 Жыл бұрын

    The future of bank will never Fail

  • @justinekunobe8263
    @justinekunobe82639 ай бұрын

    Thanks for t video.need more on security bonds. They will exist in the future for safe keeping and easy connections and transaction of investments.

  • @williams1989kareem
    @williams1989kareem Жыл бұрын

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

  • @LewisBolton-me3gy
    @LewisBolton-me3gy3 ай бұрын

    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

    3 ай бұрын

    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

    3 ай бұрын

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

  • @Beckys-ij6uj

    @Beckys-ij6uj

    3 ай бұрын

    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

    3 ай бұрын

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

  • @MurphyBulaga

    @MurphyBulaga

    3 ай бұрын

    What'sapp

  • @georgeiskef5901
    @georgeiskef59018 ай бұрын

    Please make a video about the future of banking as a corespondent to Crypto. For example, crypto lovers belive that it would facilitate for a more fair financial system in which banks can no longer take advantage of the average citizen to make their commisions and meet theor margins. A system in which the citizen is only liable to the value that a dolar coin or euro coin holds. Is there any imediate threat to the banking system? In what way is this changing the banking system of today?

  • @danielating1316

    @danielating1316

    3 ай бұрын

    Crypto currency is more troublesome than the current banking system

  • @slaughterking5625
    @slaughterking5625 Жыл бұрын

    You guys have changed my life

  • @Agentxile
    @Agentxile Жыл бұрын

    Fractional reserve banking isn't bad in its entirety, however bank lending should be regulated and limited to a percentage that amount. So, if a bank has $500 Million on deposit, then it may lend only 40% of that value (example). I saw a good real life example of this in China, when borrowers stop paying their mortgages while others pulled their deposits.

  • @thetapheonix

    @thetapheonix

    Жыл бұрын

    Well people in China stopped paying their mortgage because they have to pay it before the house is even built and they never actually get the property. The system we have just lets bankers print money willy-nilly.

  • @CasualFinancier
    @CasualFinancier15 күн бұрын

    Solid video. Just one small remark: fractional reserve banking is not the only theory describing how banks work/create money, and it doesn't explain how modern banks operate. I've made a detailed video about it.

  • @jonnovember2136

    @jonnovember2136

    14 күн бұрын

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

  • @user-pm4fp6re2t
    @user-pm4fp6re2t4 күн бұрын

    Aging banking functions must be revised . Specifically the interests calculations ; rapid growth secured is but faster decay of exponential extinctive regression .

  • @garyjust.johnson1436
    @garyjust.johnson1436 Жыл бұрын

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

  • @user-lr2bi3nz6h
    @user-lr2bi3nz6h3 ай бұрын

    I'd like to know how much money is made overbite on individual accounts such as social security that come in and are not accessed for a short amount of time

  • @andyjohns1374
    @andyjohns1374 Жыл бұрын

    Great submission , Banking is here to stay.

  • @shaheemjackson283
    @shaheemjackson283 Жыл бұрын

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

  • @user-lr2bi3nz6h
    @user-lr2bi3nz6h3 ай бұрын

    You didn't mention the borse in French hollads flower market as a forerunner to the stock market

  • @investpro890
    @investpro890 Жыл бұрын

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

  • @pinitkanokvechayant439
    @pinitkanokvechayant439 Жыл бұрын

    Please more VDO about billionaire

  • @user-lr2bi3nz6h
    @user-lr2bi3nz6h3 ай бұрын

    What is green mail or s passive acquisition or buy out

  • @yasinwissin7075
    @yasinwissin7075 Жыл бұрын

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

  • @whosvaanya

    @whosvaanya

    Жыл бұрын

    Why

  • @sprinkle61
    @sprinkle61 Жыл бұрын

    Central banks are not banks, at least not in any traditional sense, they are government agencies with monopolies on setting the cost of credit, and the ability to defy economic gravity and print unlimited money as needed.

  • @michellekilmer4777
    @michellekilmer4777 Жыл бұрын

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

  • @cryptosaffa3869
    @cryptosaffa3869Ай бұрын

    "Having the state regulate the banks is like having the mafia regulate its casinos… where the central bank is akin to a technical mechanism they use to set the odds in their favor, and to underwrite all their losses." - Dollar Vigilante

  • @lucianoosorio5942
    @lucianoosorio5942 Жыл бұрын

    “I got 1,2,3,4,5,6,7,8 in my bank account. In my bank account.” 21 Savage

  • @MichaelJones-do5mh
    @MichaelJones-do5mh9 ай бұрын

    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.

  • @thejakelegion
    @thejakelegion Жыл бұрын

    The first time I've ever heard good ol' Alux defensive of itself and its actions. Crapping on the gold standard but acting like fractional reserve banking is a'ok tells me all I need to know.

  • @Fnyo455
    @Fnyo4554 ай бұрын

    *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*

  • @isoboyenifeipiri9529
    @isoboyenifeipiri952911 ай бұрын

    Wow. I love the depth of knowledge.

  • @clintonchandler9209
    @clintonchandler9209 Жыл бұрын

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

  • @deep.scapes
    @deep.scapes Жыл бұрын

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

  • @deepsharma1000

    @deepsharma1000

    Жыл бұрын

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

  • @deep.scapes

    @deep.scapes

    Жыл бұрын

    @@deepsharma1000 Thank you so much! ☺️

  • @pascoaiandreta9964
    @pascoaiandreta9964 Жыл бұрын

    Thanks for Very clear pronounce.

  • @geraldbennett8703
    @geraldbennett8703 Жыл бұрын

    The future of banking will be Beautiful and beneficial 👏💰

  • @kennethlalla1779

    @kennethlalla1779

    Жыл бұрын

    How's that?

  • @geraldbennett8703

    @geraldbennett8703

    Жыл бұрын

    @@kennethlalla1779 Nothing else will replace it literally and symbolically that is better, every financial system came and failed, yes banks do failed, but the good about banks is still the easiest way to use money, by saving and all other transactions, no matter how many people speak against them, they still run back to them, the Banks is until now the simplest accounting business that still has problems and cheaper than a lot of other institutions the world is not yet back to the good old days of Adam and Eve, I think they didn't create banks we are not there yet so the bank, besides assets are the only constant best thing Insurance, some said you can create your own banking system with some aspects of it Investment businesses all road leads back to the Banks 🏦, what and when will be the change, I do believe in religious change, but just have to know how to work with these unperfect institutions called the Banks

  • @omarayyash3735
    @omarayyash3735Ай бұрын

    Honestly I think in the future banks will develop more bs interest rates and mortgage rates apwith terrible return and inflation will go up by 10 percent

  • @Financial_Revolution
    @Financial_Revolution Жыл бұрын

    9:20 fraudulent reserve banking is more correct term

  • @sserestevoofficial908
    @sserestevoofficial908 Жыл бұрын

    Thanx alot dia great knowledge mwaah❤

  • @santosrodriguez4457
    @santosrodriguez44579 ай бұрын

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

  • @Alex78306
    @Alex7830611 ай бұрын

    Watching this from Babylon 🇮🇶❤️

  • @abdullahiabdow3017
    @abdullahiabdow30177 ай бұрын

    Does anybody know the soundtrack to this video?

  • @inkunzi21
    @inkunzi21 Жыл бұрын

    Unintentionally, makes the current system seem (which it is) so inept.

  • @user-lr2bi3nz6h
    @user-lr2bi3nz6h3 ай бұрын

    What is the influence of j Powell dropping interest rates or the things Janet yelled does,

  • @NAIEFLIX
    @NAIEFLIX7 ай бұрын

    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....

  • @anshudubey3178
    @anshudubey3178 Жыл бұрын

    Alux app is laggy please fix that..👍