How Money Works

How To Make Your Own Currency & The Companies That Already Have - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈With all the talk of reckless money printing, hyperinflation and debasement of currencies around the world today, it sounds reasonable to have some kind of backup plan ready to replace regular currencies should the need arise.Now of course there are crypto “currencies” and they are great as alternative investment vehicles, but their high transaction fees and slow processing times make them extremely unsuitable to replace something like the American dollar, in whatever form it may take.This is all really frustrating because a nations currency is supposed to serve the people of the nation and it does genuinely seem like in recent years this role has mutated into bending the economy to the whim of policy makers… who may not always have the best ideas.If only YOU had access to the control panel, you could stop all of this reckless money printing (that according to some top economists and financiers, is driving us towards hyperinflation Armageddon).This begs the question, how could you create your own currency? And how could an obscure old video game give us the answer to this question.So it’s time to literally learn how money works as we look into the steps an individual or a group could take to create a currency with the same functionality and recognition as a those created by governments around the world.So to get started we need to properly understand what a currency must do, to be a viable replacement for lets say the US dollar.#Currency #Hyperinflation #HowMoneyWorksMusic by Epidemic SoundFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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EVE Online's Self Imposed Economic Collapse - How Money WorksA few years ago the galaxy within EVE Online was facing a problem. Abundance.An abundance of materials, an abundance of fuel, an abundance of high paying income sources, and an abundance of safe space to harvest these materials, fuels and space dollars.Now while that might sound like a really good problem to have, (and it would be in the real world) It does cause some problems in a video game.The biggest problem simply being that is boring.Try playing GTA 5 with god mode hacks turned on, after punching some fighter jets out of the sky you are going to get bored pretty fast, and people WERE getting bored.The largest groups in EVE online were up until recently playing a game of “build as much as you possibly can so it becomes almost impossible for any smaller group to ever catch up”.#EVEOnline #Finance #HowMoneyWorks___________________________________________________________________________Part 1 - https://youtu.be/m6j_UsGJnkQPart 2 - https://youtu.be/2t25bsqlTM8Part 3 - https://youtu.be/ijhAILUNz_sMusic by Epidemic Sound & Eve Online Original SoundtrackSign Up Link (if you want to try out the game) - https://www.eveonline.com/signup?invc=ef33cafb-0aa2-4051-9f03-55dc800247c2(This link gives both you and I rewards in the game)Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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AI Is Laying Off... Senior Executives

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Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks

Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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Can We Make Houses Affordable... Without Destroying the Economy?

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My Other Channel: @HowHistoryWorks

Edited By: Svibe Multimedia Studio

Music Courtesy of: Epidemic Sound

Select Footage Courtesy of: Getty Images

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All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

#realestate #housingmarket #money

Affordable housing has become THE defining challenge of this generation not only in America, but across most of the world.

House prices have grown so much faster than wages that young people will struggle for years JUST to save a down payment, all so they can struggle for DECADES to make the RE-payments on their mortgage. At the same time we are told that our home is our biggest asset, and the last time the real estate market saw a significant dip, it took the global economy down with it.

So can we make houses affordable… without destroying the economy?

According to data from the U.S. Census Bureau the homeownership rate in America is sixty five point six percent [65.5%] so the majority of people have a direct financial interest in not seeing their biggest financial asset lose its value.

This is in SPITE of the fact that according to a study by the CATO institute EIGHTY SEVEN percent [87%] of Americans are worried about the cost of housing which means there is a big overlap between people that want affordable housing… as long as it isn’t theirs. This means the only winning course of action for politicians is to performatively make the problem worse.

These could be used in conjunction with a TWENTY FIVE THOUSAND DOLLAR [$25,000] bonus for first generation homebuyers.

BUT if you are a new buyer and you get $40,000 worth of extra tax bonuses and grants, all that will do is make affordable housing… $40,000 more expensive which doesn’t really make you any better off overall. So just making houses cheaper isn’t enough to make houses more affordable UNLESS you look at some radical… and not so radical solutions, that won’t be politically popular… but just might work…

So it’s time to learn How Money Works to find out if you can make the houses affordable… without destroying the economy in the process.

Follow to learn How Money Works.

Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks

Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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The Problem With Really Smart People

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Social media platforms like YouTube, Twitter, TikTok and Facebook have allowed us unrestricted access to the greatest minds in the world. It’s also let us interact with these people instead of only being able to read their curated publishing.

Being able to watch hours of interviews with world renowned scientists or tweet directly with influential business people is amazing, but it creates 5 big problems and when these very smart people start talking about investing and personal finance those problems end up costing regular people lots of money.

Problem number one is the issue of false authority.

We now know that the average person puts a heavy weighting on the advice of smart people but even the smartest people in the world don’t know how you should invest your money.

An investing strategy is a very personal thing because it needs to consider your income, objectives, risk tolerance, tax strategies and current financial position, without knowing these its impossible for even the smartest investor to give good advice.

The problem for a lot of people is advice can be expensive and licensed professionals are also obligated to give people cold hard truths that they might not want to hear, such as you are never going to get rich earning $50,000 a year.

People don’t want to hear this so they look to smart people who are not afraid to give advice to see what they recommend.

Someone like Meet Kevin is obviously a smart guy because he has made millions of dollars investing into real estate and meme stocks and then millions more by talking about investing into real estate and meme stocks on the internet.

The advice he gives carries a lot of weight because he presents himself as an in the know figure that is willing to teach you the secrets of becoming wealthy from humble beginnings like he did.

Compare this to a boomer like the plain bagel who is only going to lecture you about how your portfolio is never going to MOON and that you should instead take your time to write out clear objectives and work those into a realistic budgeting and investing plan.

So it’s time to learn How Money Works to find out how listening to really smart people is costing us all a lot of money

#investing #business #howmoneyworks

Edited By: Andrew Gonzales

Music Courtesy of: Epidemic Sound

Select Footage Courtesy of: Getty Images

For sponsorship inquiries, please contact [email protected]

All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

Follow to learn How Money Works.

Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks

Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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How EVE Online's Massive Virtual Wars Are Financed - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈eve online, (a massive multiplayer online spaceship game) is probably best know for two things.Making headlines about it’s massive in game conflicts involving tens of thousands of players and it’s incredibly realistic in game financial system which can make loosing a virtual spaceship just as consequential as loosing a phone or a car in the real world.Countless magazines, and even much more successful YouTube channels have talked about these two factors individually, but where I think they get really interesting is when they merge together.For a game about spaceships set 21,000 years in the future, EVE is surprisingly realistic, and that realism extends to these massive wars in the sense that they are expensive.

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Why Are Unpaid Internships Still Legal? Defending the Indefensible - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈Link to my brand new Patreon 👉 https://www.patreon.com/HowMoneyWorks ❤️

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Why Finance "Gurus" Want You To Hate Them - How Money WorksFind out how many times your information has been leaked on the dark web by trying Aura for 14 days completely free: http://Aura.com/HowMoneyWorksSign up for my newsletter https://compoundeddaily.com 👈Thanks to Aura for sponsoring this videoFinancial charlatans promising people the secrets to getting rich quick have been around for as long as capitalism itself.These people will present themselves as wildly successful before offering up the secrets to their success for a steep price.The modern incarnation of scummy business model got it’s start with cheesy so called “financial Gurus” who would pay for ad spots on late night TV infomercials. Today the practice has become more popular with social media platforms like Facebook, Instagram and TikTok giving these men direct access to millions of potential victims.But if these men are trying to convince people of their supposed financial brilliance, why don’t they present a more professional image?

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How Short Term Thinking WonFollow to learn How Money Works.Find How Money Works on YouTube: ⁠https://www.youtube.com/@HowMoneyWorks⁠Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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Why is Company Management Always Terrible? - How Money Works

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In a recent study conducted by MIT American workers identified management and the culture they create as the reason they were looking for a different job ten times as frequently as workers who were looking for another job to get a pay increase.

Good managers do exists, but even if you are lucky enough to find one, they are often stuck dealing with poor management of their own that trickles down throughout an entire corporate structure.

In an age where staff turnover is costing businesses billions of dollars a year you might expect that companies would do their best to address this problem, but even companies like Google, and Apple that do their absolute best to create world leading working environments are still called out for toxic leadership.

It’s not just staff turnover either, management structures determine the direction of companies and it feels like every other week their poor performance is the reason behind a company going under.

So why do managers always suck? Well believe it or not science has the answer.

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Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSR

Music by Epidemic Sound

Stock footage by Storyblocks

Follow to learn How Money Works.

Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks

Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.

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