Why does it seem like most people don’t really understand how money works?
Payments
Asked by Question Bot09/Feb/20151 answer
1 Answer
F
Faisal Khan
Answered 09/Feb/2015
It is made so deliberately (whether you agree to it or not). It is made complex by design and association.
There is a great documentary called How Money is Created, which is a must watch.
I want to quote from the opening scene:
How Money is Created: Part 1
How Money is Created: Part 2
How Money is Created: Part 3
There is a great documentary called How Money is Created, which is a must watch.
I want to quote from the opening scene:
There is no system that is taken for granted or misunderstood as the monetary system.
Taking on nearly religious proportions, the established monetary institution exists as one of the most unquestioned forms of faith there is.
How money is created, the policies by which it is governed, how it truly affects society, are unregistered interests of the great majority of the population.
And whether we are aware of it not, the lifeblood of all of our established institutions and thus society itself is … money.
Therefore understanding this institution of monetary policy, is critical to understanding why our lives are the way they are.
Unfortunately, Economics is often viewed with confusion and boredom.
Endless streams of financial jargon, coupled with intimidating mathematics quickly deters people from attempts at understanding.
However, the fact is, the complexity is so seated with the financial system, is a mere mask.
Designed to conceal one of the most socially paralyzing structures, humanity has ever endured.
How Money is Created: Part 1
https://www.youtube.com/watch?v=...
How Money is Created: Part 2
https://www.youtube.com/watch?v=...
How Money is Created: Part 3