Banking Explained Money and Credit

Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we dont understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives OUR CHANNELS German Channel: Spanish Channel: HOW CAN YOU SUPPORT US This is how we make our living and it would be a pleasure if you support us Get Merch designed with from Join the Patreon Bird Army DISCUSSIONS SOCIAL MEDIA Reddit: Instagram: Twitter: Facebook: Discord: Newsletter: OUR VOICE The Kurzgesagt voice is from Steve Taylor: OUR MUSIC 700+ minutes of Kurzgesagt Soundtracks by Epic Mountain: Spotify: Soundcloud: Bandcamp: Youtube: Facebook: The Soundtrack of this video: Help us caption translate this video