Banking Explained – Money and Credit

Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives?


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Money (Quotation Subject),Bank (Industry),Hip Hop Music (Musical Genre),Credit (Industry),banking system,debt,dept crisis,Lehman Brothers (Business Operation),bank crisis,Bankruptcy (Organization Termination Type),European Union,money,banker,credit union,crowdfunding,micro credit,italy,Credit Theory Of Money,economy,Central bank,Greece (Country),bank,infographic,flat design,kurzgesagt,in a nutshell,