Everything You've Been Told About Money Creation Is WRONG!
February 28, 2020
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44:31Patrick Ceresna (Big Picture Trading/Macrovoices) RCS Education Ep. 001
21:10Now PlayingEverything You've Been Told About Money Creation Is WRONG!
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as posted by the channelJeff Snider shocks even ME! With intel 👉YOU NEED TO KNOW 👈 about how money is really created. And if you think it's just with debt or fractional reserve banking you're wrong! Jeff Snider is an expert on banking, the repo market and the eurodollar system. In this whiteboard video (This is Part 1 of a Jeff Snider whiteboard series I'm calling "Fragility") I explain in simple and fast terms Jeff Snider's years of research and market analysis. The reason it's crucial to understand how money is created and how the banking system really works (text books and Youtube vids are wrong) is because it affects every aspect of the global economy. Without an in depth knowledge of how money is created it's impossible to determine the probabilities of inflation, deflation, or the next financial collapse.
If you're interested in the future of the economy THIS VIDEO IS FOR YOU!
In this Jeff Snider whiteboard video I discuss the following:
1. How most people understand money creation.
2. How money creation works today in practice.
3. Basics of the eurodollar system.
Check out my full length interview with Jeff Snider Part 1 of 2.
For more content that'll help you build wealth and thrive in a world of out of control central banks and big governments check out the videos below! 👇
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#JeffSnider #Warning #Explained
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