Tag: gold

Banking 4: Multiplier effect and the money supply

Banking 4: Multiplier effect and the money supply

Let’s think a little bit about what happened in the last video. I’ll review again these different notions of money supply. And then let’s talk about whether it’s fair for people to think that they really have the money that they have. So in the original video, after the crop was harvested, the farmers deposited …

Why Gold Is So Expensive | So Expensive

Why Gold Is So Expensive | So Expensive

Gold is the shining embodiment of wealth. Not only is it used to make expensive products, but it’s also used to add extra bling to luxurious items, from smartphones, to supercars, and even beef steaks. But other metals that are rarer than gold are much cheaper. So, why is gold so expensive? Scientists believe gold …

How Much Money Could We Sell The Earth For?

How Much Money Could We Sell The Earth For?

Hey there! Welc-c-c-c Hologram: “President Blocko, this is General Gorp from Planet 55MFB. We want to buy your planet for all it’s materials…and also maybe turn it into a giant petting zoo. We will provide your people with another planet to live on… but we want Earth. It has to be earth. Give us your …