What is money?

Ever wondered what gives money its value? or where your loan or mortgage money comes from?

In this 47-minute video, Paul Grignon lays out the inner workings of how banks work in simple terms and nifty animations...



Take the vid with a grain of salt however b/c there seem to be a few non-sensical moments and possible inaccuracies, especially when he hints at conspiracies by cherry-picking quotations bashing banking from Lincoln and Garfield, both cited as having been assassinated.

Although it's a cynical, biased view of the financial system, for anyone interested in trying to wrap their head around the financial system, this vid is a sure way learn some of the basics on how our money masters operate. Knowledge is power right?