What Is Money ?

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Information What Is Money ?

Title	:	What Is Money ?
Lasting	:	2.35
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Views	:	254 rb

i visited your site but have not understood what solutions do you propose
Comment from : @QDinar

0:40 auctually this report is not accurate
Comment from : @kentheengineer592

What confuses me is the people who literally print money want us to give them money as interest for giving us money brbrLets say there's only one person on earth and the bank the bank prints out 10 dollars and gives it to the one person, that person has to return the 10 + interest, so in order to get the interest money to pay back the one person has to borrow more moneybrbrIts stupid and I understand why it will never change for if one man could change it he'd end up dead
Comment from : @Georgiahomeb0y

Banks Are Just Middleman for Newly Issued Loans and When Loans Are Created Cash is Delivered Because Cash Itself is a Loan that Comes from Business Suppliers Funding Each Other, However Because of the Nature of Cash Business Have to Borrow Cash from the Manufactoring Business & the IP trust owners
Comment from : @kentheengineer592

Our hard earned money eaten up by many factors like inflation, change in demand, change in government policy, monetary policy etc,When you are not there your value for money ends there itself
Comment from : @sekarnarayanaswamy4407

This movie is complety non sense This make some one, who don't know how economy work, what is "money" and how work Unlike
Comment from : @madrianzorroonio85

Wtf
Comment from : @diiegopc

for turkish people UwU
Comment from : @thewoodelf6623

Stack satoshis
Comment from : @alexikidd

You missed out the important part Fractional reserves and money deposits placed in banks enables the creation of more debt money
Comment from : @lpgguruuk

Cardano
Comment from : @LarlemMagic

Nicely explained
Comment from : @alparslankorkmaz2964

#DigiBytebrYou can thank me later ;)
Comment from : @dgbmemes

Very insightful However, I believe this video covers only 'fiat' money issues, not money in general
Comment from : @jessieplexer

Thank you very much for this enlightenment Good content
Comment from : @mogeconomics

Please, please, please get the PHSE lessons in schools to be replaced by something like this Those that care about their education will enlightened Though the majority won't care, at least the more able people in society have the basics of the most important subject in their lives
Comment from : @ric6383

money is nothing, nothing at all humanity will need to wake to this fact one day
Comment from : @ceboshembe

Money is not your money you earn it but someone gave you money there money for your work
Comment from : @ivanfrangugic8355

What is money?brBaby don't hurt mebrDon't hurt mebrNo more
Comment from : @davidoman4133

The question was, "What is money", the video answers "How money works"! CRAP !!
Comment from : @harrylachanas2400

No More War These Central World Bankers Love War & War Crimes & War Profits & finance both sides of all wars brHistory of the Federal Reserve Cartoon br wwwrealvideo/5836705735001
Comment from : @pbrooksmcginnis1749

Heres my reiterationMoney is numbers Look at your paycheck and bank account Banks are the originators of the quantity and allocation of the numbers that make up our money supply The numbers that float about in the form of tokens (coins and cash) and digital blips (electronic money) have there source or beginning in Banks Banks control the Originating Tap of Numbers which flow through the Economy By Capturing this particular Function of the Economy the Money Issuance Power or Credit Creation Power through this Banks can direct the whole economy Allocating where the money shall go is similar to steering the economic ships course Until people wise up and unmask this rigged numbers game at the base of what 'appears' the rational operation of economy, until that point were captives of a game which allocates wealth/power in crazy ways hence the mad men ruling the planet Wake up folks Money is a useful tool and a terrible master Thanks Positive Money!
Comment from : @summondadrummin2868

Money is numbers Look at your paycheck and bank account Banks are the originators of the quantity and allocation of the numbers that make up our money supply The numbers that float about in the form of tokens (coins and cash) and digital blips (electronic money) have there source or beginning in Banks Banks control the Originating Tap of Numbers which flow through the Economy By Capturing this particular Function of the Economy the Money Issuance Power or Credit Creation Power through this Banks can direct the whole economy Allocating where the money shall go is similar to steering the economic ships course Watch talks by Richard Werner
Comment from : @summondadrummin2868

let me explain it waaaay faster brbrMONEY IS A PROMISE representing labour and production
Comment from : @MrTrollBeast

USE BITCOIN⚠️ decentralize money 21000000 maximum supply transparent better divisible than gold STOP Unnecessary dangerous Inflation! use bitcoin and be in control of your own money ⚠️
Comment from : @ziomanzo

NopebrbrThe housing crisis was not "caused" by the banks The banks were complicit in the act, but the crisis was caused by governmentbrbrBack in the 1960's, our American president Lyndon Johnson spearheaded a campaign to force banks to make loans to minorities Not only were they not allowed to reject qualified minorities, they had to show that they had, on the books, a certain percentage of minority loans Even if these minorities weren't as qualifiedbrbrFeel good idea, but a first step on the wrong footbrbrFast forward to the 1990's, and the same liberal idealists got an even BETTER idea What if we changed the law to benefit not just minorities loan seekers, but "under-represented" loan seekersbrbrThe problem was, however, was convincing banks and conservative politicians to go along with risky loans to a much wider field So, our government, who thinks it's good for the economy for EVERYONE to own a home, made a deal with the banks They removed the regulation that separated lending bank and savings bank divisions, allowing them to be under the same umbrella Which would make it legal for banks to claim loans as profit Giving their seat on the stock market more value As an extra-extra incentive, our government would guarantee these loans so that if the borrowers couldn't pay the loan, the bank would still get its money from the taxpayerbrbrA recipe for disasterbrbrSo the unfettered lending began, and the plot worked like a charm for a while Until it didn'tbrbrAs soon as people started to default on their loans, the whole thing began to unravel and suddenly, we were in a "financial crisis", and banks that were "too big to fail" were used as a punchline to trot out and blame for the whole mess In the meantime, President Bush and President Obama both made good on government's promise and gave TRILLIONS of taxpayer dollars back to the banks to recover the lost money President Obama went even further with HARP to trickle more taxpayer money into the banksbrbrIn the end, the idea that "everyone deserves a house" might be noble and heartfelt, but not in the real world Trying to legislate morality didn't work The funny thing is, that if the system were left alone, racist morés would have shifted all on their own and minorities who qualified would have been given loans anyway Bank don't love white people The love people with green
Comment from : @no-bozos

If you are interested in basic money 101 look into youtube/35KwmIq-q8g
Comment from : @hejprinciples8514

This video is communist
Comment from : @Roar902

Positive MoneybrThere is No money Money is backed by something The federal reserve corp oration printing press has to be shutdown The 33 degree freemason Cult Club people behind the curtain can print currency notes whenever they dam well feel like it and will stay in false power until it is shutdown
Comment from : @sondralee8539

The banks cannot create this money themselves It is created by the central bank of sovereign nations
Comment from : @johndavies3082

This explanation is made by bankers and it's talking about exchanging like by like!! that is not an exchange or trade this is called extortion or I'm stronger I do what I want
Comment from : @fatthar4804

also before this that is way the light as well not the right way as well
Comment from : @manafshaibu5907

Yes only news alone as well and also can help Ghana help African not be money alone as you all have to think as one love thanks thanks Africans is a best and the right world know about as now and its the morning as well West African Ghana as well
Comment from : @manafshaibu5907

This video is a trick It doesn't answer the question asked If this video was an answer on the show Jeopardy, the question would be "How do you con people into going to your socialist website, Alex?"
Comment from : @ronaldbissett5

no
Comment from : @ibnerawa3500

I started thinking smart instead of living Paycheck to paycheck And thinking how I can have more currency that I can do the things that I need to do And I want to do aswell I started buying currency All kinds of from magic money To money orders that look like money And even debit bills That also looks like money I even bought the currency that is listed as A toy Because that is what it is No matter how old or young you are That is one thing that you can not have enough of is money Currency , cash Be it in the form of learning money That can be used as IRA That when you decide what you want to use it for Like cash,credit or debit Or even gold Be it gold leaf currency Or gold Silver or platinum Or like my first trillion dollars That is made of nickel That I did not have to work hard for it I bought it from A catalogue From things that you never knew extisted So the saying is true You do not have to work hard Or hardly work To have what you want and need That way When the sun is shining It can also be A rainy day
Comment from : @tranardjackson6338

money is piece of paper or a piece of metal
Comment from : @nabihahshahbaz9375

CGP Grey on 'Humans Need not Apply' & othersources about Internationalist 'job-makers' off-shoring labor
Comment from : @wellingtonboobs7985

This well-illustrated and narrated propaganda piece is extremely misleading There is far too much hand-waving and bamboozling going onbrbrMoney is a form of credit alright It means the Bank owes YOU something You don't have to pay back the bank anything, unless your bank balance is negative When you spend money, you transfer the amount the bank owes you to the person you are paying brbrThe video also does not explain how the 2008 financial crisis happened True, the finance industry lent out too much money for the property market So the mortgage market crashed But as long as people were able to show they could pay their debts, banks were still willing to lend money for business investments, personal loans, etc
Comment from : @hoongwai

Is that Varoufakis?
Comment from : @papadakis1967

Oversimplified and biased garbage
Comment from : @p00pie

Have a question: the central idea of the video is that most money by created by loans by fractional reserve banking To pay the debt (plus interest rate), the payment has to be larger than the loan So eventually the the market will run out of extra money to pay interest, resulting in crisis Is this idea wrong, incomplete or misleading?
Comment from : @lowerlowerhk

working is for suckers and idiots
Comment from : @thereisnoisis7360

Yah it's educative
Comment from : @hassanerick9899

This is such a helpful video!
Comment from : @naomiking2442

Lol so stupid to make this
Comment from : @skelogt8069

Heyi am always positive on america on the long run
Comment from : @frodrigues2008

Heypositive money for how long?2 years topskeep up the good work
Comment from : @frodrigues2008

You know, these videos are nice, except that they present a very specific agenda in such a way that the content appears simply educational Yeah, education tends to incorporate certain ideologies, but this video incorporates such ideologies in a way that what could be considered "merely" educational content like that of, say, KhanAcademy avoids altogether That is, where some educational content might be biased by an ideology of some sort, these videos explicitly sponsor ideologies (ie, that of your Positive Money organisation) I'm not saying that's inherently bad Most environmentally-oriented organisations produce educational content that is steeped in their ideological views For example, take iThe Nature of Things with David Suzuki/i That show's all about promoting his values through education It's a fantastic way to both inform and invigorate people It works because the creator's passion is evident, and it's contagious But people need to be able to choose what to believe And coercing people by pretending to be merely educational where the content is really more along the lines of a David Suzuki show is simply misleading It gives the impression that you're trying to trick us into not thinking, and that's the opposite of education (well, kinda) And for those who notice this trick, they're much less likely to buy into what you're sellingbrbrSo, why not be transparent about what you're promoting, eh?
Comment from : @DonutUnderpants

The answer to all this is educating ourselves about the Constitution (USA) or Common Law (UK) There we will learn that money (promissory note / Legal tender) can only be created by man (slave) The PM can only be made by man under his terms and not in conjunction with another contract in order to be considered valid This promise is money There is no loan as you have created it in the first place, with your promissory note (magic wand)
Comment from : @saeedqs627

When you pay back your debt; doesnt only the banks debt to you dissapear from their balance sheet?? They still have the asset-part of the balance sheet from giving you the loan; dont they?
Comment from : @rutger6789

Spanish version
Comment from : @sotomiguel10ms

This short movie mentions the interests that the banks receive for themselves, but it should be mentionned that , if money is destroyed when the debt is off, the interest still exists and stays in the hands of the banks owners, who inject them in the financial circles, for creating new loans with high interests, instead of than investing it in real economy with risks and low interestbrIt results inflation in stock exchange, and housing market, and this minority of persons becomes more and more rich, whereas other people become poorer This is scandalous, because creating money ex nihilo is very easy, and doesn't cost anything The interest should go to the citizens, who would invest it in real economy
Comment from : @clop7101

Bitcoin! Bitcoin! Bitcoin!
Comment from : @Crackbagged

really well Video! Thanks!
Comment from : @11FrozenFIRE11

This is by far, the worst explanation of what money is
Comment from : @e12sahimali

Minute 120 "Bank make the profit by charging interest rates" - THIS IS THE MAJOR MISTAKE IN THE SYSTEM Banks don't need any profit from giving a loans Why? Becouse bankers can create money for themselves Bank as company should have account in his own banking system, and create money for maintnance and keep his activity(wages for emplyee) Very important is to understand differences between keeping activity and running business Banks can't running business anymore just keeping activitybrGreetz for All, and peace on the world (Sorry english is my second language)
Comment from : @sylwesterbogusiak2334

Could These 3 Simple Changes to Banking Fix the Economy?
Comment from : @PositiveMoneyUK

I do not think we need money at all to live
Comment from : @GerrG01

░░░███████ ]▄▄▄▄▄▄▄▄ Bob is building an armybr ▂▄▅█████████▅▄▃▂ ☻/︻╦╤─ This tank & Bob are against Google+brIl███████████████████] /▌ Copy and Paste this all overbr ◥⊙▲⊙▲⊙▲⊙▲⊙▲⊙▲⊙◤ / YouTube if you are with us
Comment from : @nameless4194

To all you who discard this video's message at first glance should remember this quote: Condemnation without investigation is the height of ignorance —Albert Einstein
Comment from : @5iF3R

Land value taxation prevents this part of the cycle
Comment from : @whomonkyoulus

Now when Carlin explains it, well it all makes sense
Comment from : @TheCuriousSeb

What do you literally mean by saying "it disappears"?
Comment from : @RoflmAOSVK

That makes perfect sense
Comment from : @TheCuriousSeb

In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering It's something specific we can demand If this isnt the best answer, at least we’re thinking about what might be Are we really just this close to having it work right? Oh yeah, it's a Ski movie! “Occupying Chairlifts” on Youtube!
Comment from : @skibumwilly1895

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Comment from : @frankgordon5896

Question - the debt can only be paid off by the following generations The debt is owed to the banking system So, why would the next generations tolerate giving their money to a system that counter-fitted 'money' and has nothing much to show for it?
Comment from : @TheCuriousSeb

They may be problems I don't think they're problems that can be solved by monetary reform Positive Money haven't shown me anything so far that makes me think that they are The question is still "why is affordable debt a problem?" Especially as the economy seems to falter when supply fails to meet demand And why does it matter that a lot of money doesn't exist as notes? Surely that's actually more practical Plus other "problems" that spread confusion and don't seem to be real problems
Comment from : @Mechness

Yep good points, but this video does not explain the whole thing, why it's becoming a problem: But for sure I understand that you can't put a huge load of information in a marketing video of course! So good work, keep on
Comment from : @Xez1919

Seems more likely to me that you are working for a PR firm Clearly Positive Money is the organisation with an agenda here I just can't fathom what it might be Mainly because I can't see that they have a meaningful message I want answers to questions such as "Why is any of this a problem?" which they don't provide other than just stating that there is a problem And only by following them can you fix the ineffable problem All a bit weird I think
Comment from : @Mechness

Yeah except it's clearly wrong Especially as it only deals with one person's finances and not the economy as a whole On balance, Robert was only ever £9000 in net debt And that was his net effect on the bank's balance sheet After he has paid off £1000 of his loan, nothing meaningful changes from either Robert's perspective, nor the banks Nothing has been destroyed £1000 in his current account was not "in the economy" it was his current account balance The world carries on turning
Comment from : @Mechness

Please watch the video Banking 101 part 6 - How money gets destroyed here on youtube - it explains how exactly money gets destroyed when the loans are repaid
Comment from : @PositiveMoneyUK

Great logo and excellent graphic design concepts I feel the content is perhaps too simplistic though
Comment from : @jakofozz

Are you a troll mechness? They said clear and simple If you want answers, view the website Or are you working for a PR firm to discredit them before they get off the ground?
Comment from : @rageagainstmyhatchet

That's just confusing and alarmist terminology No actual money is "destroyed" No one gets poorer when a loan is repaid What I'm really at a loss to understand is what PostitveMoney is for? Apart from getting a lot of people worked up I mean What exactly is the problem that you think needs to be solved? It seems like an awful lot of baffling hot air to me
Comment from : @Mechness

intéressant !
Comment from : @docfred26

The money doesn't disappear If anything meaningful disappears it's the depositor's money that disappears when it is first lent out by the bank, replaced with a promise of availability Counting it as money is done simply as a theoretical measure of what the total funds available to society as a whole are at any one time, but clearly it's not real actual spendable money, or a run on the bank would not be a problem Unfunded bank balances are a really a liability held by the bank
Comment from : @Mechness

Of course there is That's the primary source of banks' funding
Comment from : @Mechness

Thanks for showing us the problem If you're interested in a potential solution, YouTube "The Essence of Money" and "Digitial Coin"
Comment from : @dfoxmaster

The reason it's 'confusing' to hear 'money disappears' is because it goes against what we have always been told But banks don't loan money they have, they create it
Comment from : @tomphillpotts

Check out: 'Steve Keen on Debunking Economics' video on youtube He's an economics professor who discusses how economics is misleadingly taught in most universities Also the failings of economics to explain our current crisis He says the problem is most economists don't understand economics
Comment from : @tomphillpotts

The video seems to suggest bank lending is a good thing and when it stops there's trouble So as long as they keep lending there's no problem? Also it's rather confusing to say money disappears The loan is what disappears The money always existed and still does when the loan is repaid It gets added back onto the bank's balance sheet Either it can be loaned out again, or the original depositor can withdraw it
Comment from : @Mechness