Banking 1
Introduction to how banks make money and the value they (potentially) add to society.
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Introduction to how banks make money and the value they (potentially) add to society.
is the video error?
well paper money is only a paper but gold can be used as great electric conductor or in other brands of industry
i am so happy just got a amazon voucher from FreeAccz{.}info
Why are 86% of the NY Fed’s MBS purchases happening during option expiry weeks since July 2009?, there has only been one options expiration week whereby the Fed did not buy at least $60 billion of MBS during the options expiration week itself, providing instant and meaningful liquidity during options expiration weeks that have historically had an upward bias anyway!… and talk about dumping (monetizing) WallStreet’s debts on the American tax paying public. Free Market,.???
Ezdia also help you in Banking , its a social Networking site.
troll
oh guess what i am Japanese but i appreciate people who take made such open commitments and not stupid trolls like you. Why not tally the numbers from the comments and tell me how rational you sound amongst the rest
I can’t help but laugh at your comment which is full of such big words used in incorrect ways that I can’t help but think you pulled those words straight out of a thesaurus. How old are you 14 – 18?
@TaffyAlpha you are also a clinical moron of the highest order. This guy is giving to the community what your silly puerile vacuous brain cant offer but critique in a very infantile way
Still, this is a good basic precis. Thanks!
What about equity partnerships, not lending????
And whatever the project is, the bank had better get the risl profile right…..
Really nice that this is a real project, creating some fundamental tangible value, rather than playing around with derivatives…..
Absolutely you can’t print gold. And therein is all the difference….
sorry,
what happens to the cash when it is used to pay back loans?? does the bank keep that cash for itself??
I agree Mark,
fantastic videos,
thank you for your time making these videos. they certianly make my life easier trying to understand these topics.
cheers
Im a gold bug, and obviously I disagree with Khans dismisal of gold too, but he is not an idiot. If your intrested in math or capital markets he is the best teacher I have ever seen.
Your open minded enough to be into gold, be open minded enough to accept that other people are not.
WOW! what a way to prove your point! Name calling like a five year old. I’m sure you represent the Libertarian Community very well!
Hello khanacademy
I have to admit I am very impressed with the quality of your videos here on youtube.
They are certainly a pleasure to watch as I do enjoy them.
I am sure there is many others who also feel the same about your videos.
Mark McCulloch
This guy is an Idiot…..Obviously he does not have any idea about history of gold or economics behind gold standanrd. Drawing crap on electronic board does now make you smarter IDIOT.
Which is true, but that does not mean that that money is worthless. When one makes a loan, the newly created money represents either the value of the collateral or the value of the goods and services produced with the loaned money.
The reason why people see banks so poorly is the credit system. Our monetary system is based on a promise (Bullshit). Basically that’s why the dollar weakens … because we’re committing & making too many promises.
We should be blowing up fucking banks
That’s right. They create the money out of fucking thin air.
Gold is the most non-reactive of all metals and is benign in all natural and industrial environments. Gold never reacts with oxygen (one of the most active elements), which means it will not rust or tarnish.
Which means it is perfect for making electric contacts, or as a contact coating (plating). This is a very valuable industrial benefit for a metal.