Money and Banking


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Money and banking have confused a lot of economists, not to mention other people, over the years. The One Lesson helps us to make sense of what's going on, by getting us to see how everyone's net worth changes at each stage in money's journey from its creation to its destruction.

Many of the complexities of economics go away when we consider how decisions and actions affect each person's net worth. The results are astonishingly simple and intuitive, allowing almost anyone to engage in economic debate, and to know when they are being deceived.

There is no fallacy of composition when it comes to net worth!

Gold coin image by Alexas_Fotos from Pixabay:

"Money as Debt" film by Paul Grignon:
Money in the bank

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