PositiveMoney: Banking 101 These 6 videos have been created and published by the Positive Money Campaign, UK: http://positivemoney.orgPart 1: Misconceptions Around Banking Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahrenVideo laden YouTube immer entsperrenBefore we discover how banks really work, and how money is created, first to clear up any confusion, we need to see what’s wrong about the way that most people think banks work. Part 2: What’s Wrong with the Multiplier Model Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahrenVideo laden YouTube immer entsperrenMost students and graduates get taught about something called the ‘money multiplier’. In this video we’ll show that it’s an inaccurate and outdated way of describing how the banking system works. Part 3: How Money is Really Created by Banks Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahrenVideo laden YouTube immer entsperrenSee how commercial banks can create money through the accounting process they use when they make loans, how banks make payments between each other using specially created central bank money, if the Bank of England really can control how much money is in the economy …and more. Part 4: How much money can banks create? Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahrenVideo laden YouTube immer entsperrenWhat actually limits how much money the banks can create? Reserve ratios, Liquidity ratios, Capital Adequacy Ratios and/or the Basel accords? Explained in an easy to understand way. Part 5: Do banks create ‘money’ or just ‘credit’? Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahrenVideo laden YouTube immer entsperrenYou might hear some people say that “Banks don’t create money – they just create credit”. This response often comes from civil servants and people trying to deny that banks now create the nation’s entire money supply. So let us show you why the numbers that banks create are money, and not just ‘credit’. Part 6: How money gets destroyed Mit dem Laden des Videos akzeptieren Sie die Datenschutzerklärung von YouTube.Mehr erfahrenVideo laden YouTube immer entsperrenRemember how new money is created when a bank makes a loan? Well, when someone repays the loan, the opposite process happens, and money is actually destroyed. It effectively disappears from the economy entirely. This video explains how.