Finance: The History of Money (combined)
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Finance: The History of Money (combined) | BWG

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An animated video exploring the history of money. From the use of objects to function as monetary value to the development of metal and paper money as … .

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40 thoughts on “Finance: The History of Money (combined) | BWG

  1. The American dollar is inflating, the government is printing millions every year. It’s just a matter of time before it collapses. You guys have no idea what you’re talking about.

  2. "People started to use objects such as whale's teeth, as a kind of IOU". This seems like it skips several important step. Why would a seller of goods accept a whale tooth for their goods? Who would set whale tooth prices? Where would the whale teeth come from – one powerful seller, a consortium? Who would determine the initial distribution?

  3. 1. What were people using before coins to handle the problem of money? (IOU)

    2. What was the big problem with metal money?

    3. Can you explain the early use of paper money? How was this problem solved?

    4. What does the Speaker meant by controlled money? How were banks born?

    5. Can you explain inflation?

    6. Were Americans allowed to print their own money?

    7. What is Fractional Reserve banking?

    8. What kind of money did the economist distinguish?

    9. Why does the dollar retain its value? Can you mention some of the new currencies?

  4. fractional reserve banking must be based on something otherwise it may just end up being another form of inflation just imaginary for create value from thin air rather than baseing value on something concrete

  5. Thanks for the video content! Forgive me for butting in, I would appreciate your initial thoughts. Have you considered – Tanaison Wealth Bulldozer (Have a quick look on google cant remember the place now)? It is a smashing one of a kind product for learning how to be on the winning side of the next great transfer of wealth minus the normal expense. Ive heard some unbelievable things about it and my work colleague after many years got cool results with it.

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