What is Money?

Garys Economics • February 5, 2023

Garys Economics

About

@garyseconomics is focused on teaching people about real world economics. Inequality Economist. Former Trader. Other Economists make predictions, but my ones are actually right.

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Video Description

"you as an individual can run out of money but society can never run out of money and if the government has gone into debt it is because somebody has accumulated money; it's always in balance" With regards to interest - Central Banks receive interest on the loans they make, and they also pay interest every day to the holders of money, so this balances out societally and does not take the monetary system out of balance. SUBSCRIBE, SHARE & START A CONVERSATION SOCIAL MEDIA: WEBSITE - https://www.wealtheconomics.org TWITTER - @garyseconomics FACEBOOK - @garyseconomics INSTAGRAM - @garyseconomics TIKTOK - @garyseconomics Spoken by Gary Stevenson GARYSECONOMICS Uploaded by Simran Mohan MOHAN MEDIA TIMESTAMPS 00:00 - Introduction to Money 01:00 - Does Money include Debt 04:00 - Money Creation 06:49 - The Total Amount of Money 10:34 - Our Concept of Money 13:24 - Governments & Money 15:59 - 2 Competing Concepts 18:00 - Inequality in Credit/Debt 21:50 - Money is NOT resources

What is Money?

Garys Economics

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What is Money?

Garys Economics

About

Latest Posts

Get involved in the documentary

Are we living through a new Victorian era?

Why Trump will fail on the economy

UK Budget – The End of Democracy?

Video Description

You May Also Like

This country has abandoned poor people

Tax wealth not work to save the UK

Why the UK government is going broke

Why Zack Polanski and the Greens MATTER

The system is rigged against you. Here's how

Special announcement

Goodbye and Good Luck

A tiny elite will soon control all the resources

Why Labour are so unpopular

Are Labour Unlucky (or are they just rubbish)?

You won't stop Reform by calling their supporters racist

The first politician on Gary's Economics

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Housing is getting more expensive because the rich are buying it all

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The only way to protect your future is by taxing the billionaires more

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