Money as Debt - Full Documentary

Why HN readers recommended it

Recommended as an approachable explanation of fractional reserve banking, with the caveat that it is biased.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel

Free Your Mind

Topic

money creation and banking

Format

documentary

Level

intro

HN recommenders in dataset

2

HN mentions in dataset

5

Recommendation years in dataset

2017–2023

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

• >then didn't some subset of techies print a lot more money than there is? I think it's quite important that you watch this: [VIDEO] If you feel extremely angry afterwards, you're not alone.

• Money has a very long history and discussions about money are deeply entangled in bitter and fanatical battles between political/ religious/ philosophical viewpoints. Many of those viewpoints ignore the counterintuitive ways that money and banking actually work. For the most part, bankers and economists have …

• >I think it's also similar, to a lesser degree, to modern card-based banking, in which all the money physically sits in a vault and only changes hands virtually. That is in no way how modern banking works. Only about 1/7th of the money in peoples …