Rich Routines

Understanding the Financial System's True Nature


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In this episode, we explore the often-misunderstood financial system, differentiating it from the real economy and explaining how its structure shapes the flow of money. We break down its evolution, functions, and the reasons it can feel so detached from our daily lives.

Chapters

00:00 What is the Financial System?

00:58 Why It Feels Abstract and Alien

05:32 Separating Financial System from Economy

10:25 How the Financial System Works

12:17 The Impact of Misunderstanding

18:17 Why Understanding Matters

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Rich RoutinesBy Nathan Pali