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Why does 95 % of our money exist only as digits on a screen? What happens if all of you hit “withdraw” at the same time? In this video, we break down mankind’s greatest shared hallucination, money.
How banks create fresh rupees out of thin air
Why that trick can wipe out savings
Where the illusion began, from cowrie shells to digital money

Watch this video to trace the full evolution of our financial system.

Reading Sources:

https://www.bankofengland.co.uk/quart...
https://rbidocs.rbi.org.in/rdocs/Annu...
https://www.sciencedirect.com/science...
https://www.federalreservehistory.org...
https://dowbor.org/wp-content/uploads...
https://cdn.mises.org/money_bank_cred...
https://bigthink.com/sponsored/aztec-...
https://www.themirrority.com/data/mon...
https://www.bis.org/publ/arpdf/ar2012...
https://www.google.co.in/books/editio...

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