?? Work at Pickup Points � Flexible schedule

Finance: The History of Money (combined)

OpenLearn from The Open University 547 views

Download Video

Comments

Appreciate the detailed breakdown! I need some advice: I have a okx wallet with money, and I have the seed phrase: (tag suit turtle raccoon orange fever main skull special hungry crystal mixture) How can transfer them to Binance?
Comment from : @AdelbertHunitesige-y9c

what is an iou?
Comment from : @1xarimmm

Worst invention ever
Comment from : @colettechausser7879

Wow, great explanation❤❤❤
Comment from : @HistoryOfMoney247

Buy gold and bitcoin Dollars, euro, yuan, all are fake and back by nothing Also intentionally devalued yearly
Comment from : @Sparta1993

We these people get glasses from
Comment from : @Straightoffthetopmedia

the background sounds are distracting to learn!
Comment from : @scorpmaasays9178

❤
Comment from : @ManishLamichhane-c6v

'Metal Money' great dark universe Rock Band namebrbrbFaith?/b ! just wait 8 years 💩
Comment from : @gregorysagegreene

What "intrinsic worth" does gold have? US dollars are backed by the tax revenue streams of the United States government; and that has been a "real" (if not mighty) stream for a very long timebrAnd Chinese paper was replaced by Silver, not gold (for which they never had any) back in the 1300's-1400'sbrAnd the so-called "gold standard" of the 1960's-to-early 70's was a ruse-fake-liebr"Linden dollars" may be somebody's idea of "money", but they are certainly not a (viable) "currency"brMn10- is "portable" supposed to mean "easy to use"? How easy are "cryptos" to use, vs a credit card? Seriously, blokes, anything that's going to be a currency has to have some meaningufl facility and mass volumebrYes currencies (that you've heard of) always have been and always will be based on tax revenues coming in
Comment from : @wnimiumeducatus4979

Sea shell was money be the kings need it to make cement to build castles for armies and other oligarch
Comment from : @Stevexnycautomotive

No It was all to do with eventually trying to sustain a planet with near ten billion peoplebrGreed is human nature Just as it is human to share
Comment from : @brettwilkinson1877

Roman Gold Dinaar and Persian Silver Dirham will replace the Petrodollar and checkmate Gog and Magog They won't be able to wage bogus wars in the middle east and crude oil barrels will be traded only for gold and silver coins That is Gog and Magog in checkmate mode
Comment from : @sam14297

Bitcoin compared to whales teeth lol Its now a higher market cap than silver
Comment from : @JessePike5

When someone says what is bitcoin just show them this
Comment from : @investorbettor505

This is bullshit
Comment from : @NellyPousini

Video fails to point out the ancient greeks created coinage Unbelievable Is this meant for children or a genuine OU course of adults?
Comment from : @Len_J_

Total rubbish
Comment from : @jackwilliamatkins5602

How did the debt get smaller?
Comment from : @victorrorisang479

I'm afraid that the fractional reserve theory has been proven to be wrong Banks simply create money out of thin air when they make a loan and record this at their central bank - nothing to do with deposits Prof Richard Werner has some very good videos explaining this
Comment from : @rickjensen2717

Isn’t the us dollars decreasing in value rn?
Comment from : @huampa7505

And I now understand completely just what a house of cards this all is 🫨🫨🫨🫨
Comment from : @justsomeguy9325

is this really has no sound? or somebody censored it?
Comment from : @swaggahboy3627

"Minted coins and paper money once the cutting edge of technology are now used in only 2 of transactions" Does anyone know a source for this claim?
Comment from : @imrevanson21

ty so much you helped me
Comment from : @maertinyuoif4342

2/14/23 us senate hearing, gov control of crypto is coming
Comment from : @mauricemcdaniel6629

Do you have proof of the dependence for other countries to want and need american dollars?
Comment from : @ZerotZallander

Good job man!
Comment from : @isaiahmartin3719

I made it through 30 seconds of this video and realized this human race is not for me
Comment from : @lextreasure5537

Thank you so much,brMy class enjoyed it so much in there HASS lesson brthank you
Comment from : @AJP_Equestrian

"too much money pursues too few goods" oh, what happening 2022 is nothing new Stupidity of human is fur beyond imaginations
Comment from : @takaok888

well explained!!
Comment from : @gelwinaryadi4064

And the salt pay mode??
Comment from : @ismaelmolina7658

No9 is actually in-accurate about the US Dollar - The purchasing Power of the US Dollar is in the toilet - Check Visual Economics or Knowledge Bible
Comment from : @richardhumphrys8237

How and who decides quantity of currency within a principality and how do they inject new money into a society???!
Comment from : @ricoshea6101

Nice job covering US petro dollar Why the endless war in middle east? Control of petro requiring dollars for access to monopolized maket
Comment from : @ricoshea6101

Money was invented because people are getting a lot more terrible with sharing
Comment from : @caitlinbarbery5260

Giờ mik mới bt lùn á藍😅
Comment from : @derrickmosby6068

here 2022 I'm extremely grateful 😤💜
Comment from : @asahikiytchi9844

Thank u this helped me today in EMS History of moneybrBtw grade 7🦋🦋
Comment from : @cakez0370

Indeed, crypto is the future money🚀
Comment from : @mahib024

Money is here to stay do not be an idiot cards are a bank tax which do not serve the public as shops and buses get taxed
Comment from : @marklindsay1581

Is it true that every single fiat currency in history eventually goes to s***
Comment from : @petey611

Laughed at the Uuhhh??? by the returning explorer
Comment from : @langa1533

My teacher told us to watch this (:
Comment from : @stxrrysky7017

Stole precious metals from the Americas Let keep it real
Comment from : @Girlgamssilver

Thanks
Comment from : @neverendingjourneystilllea5271

This is the EXACT content I was looking for :D Thank you :D
Comment from : @notmedontkno

Thank you! That was crucial to my schoolwork
Comment from : @renanmonteiro5261

Only if I watched this 5 years ago #BTC
Comment from : @GMANTURBO

Interesting how 4-6 are so relevant to what's going on RIGHT NOW in 2021
Comment from : @alanbautista424

Bitcoin is the answer to all of this
Comment from : @alanbautista424

this is ALL very wrong ? The first form of currency and the earliest mints date 650 to 600 BC ( before our blessed Lord and Savior ( Jesus Christ ) they were stamped silver and gold coins to pay armies in Asia Minor Read the Bible and get the facts !
Comment from : @Theranchhouse1

No Money Honey! No Honey No Funny!
Comment from : @aventurascomtadeu

According to the late David Graeber money in coin form only arose from the need to pay soldiers, not in communities
Comment from : @lalaoepsi7572

the music is way too loud to follow the presentation
Comment from : @KosmiekAltertainment

You underestimate the power of Bitcoin
Comment from : @hyperbitcoinizationpod

this is a lot of info what teachers make us watch
Comment from : @louisapiscuc3443

I always imagined the very first money ever used hundreds of years ago would be like 'Here, I'll trade you your chicken with this flat, roundish piece of copper that I just hammered out'
Comment from : @GuitarLessonsBobbyCrispy

This is a bad movie for hi people do not watch
Comment from : @Youmightwannaknowthat

What the fuq: who decides us dollars will retain value? Who does the valuation? How? Who decides 1 us dollar should get me this much worth of something
Comment from : @andor4917

dude, in the book of genesis there is already money
Comment from : @ivorito

This makes sense! Very interesting
Comment from : @-AnonymousUser

President Nixon have taken world of gold standard on 15 Aug 1971 and not 1973
Comment from : @gerardvong

🎉🎉🎉🎉
Comment from : @felipecorena5692

The cashless society!
Comment from : @nelsongonzalez4533

Bitcoin can be spent as a currency, but there isn't enough and too hoarded to become a global currency
Comment from : @bitcoincrypto

@10:27 Look! It's Obama!
Comment from : @sugarman454

I I’m not here to converse for Lisa but to testify what I’m sure about I I'm my husband earn $13000 this week
Comment from : @jojopatrick9128

ECONOMICS AND MANAGEMENT SCIENCEbr✨EMS✨
Comment from : @meridox6460

really really really good video
Comment from : @thebestofesss1

XRP
Comment from : @liamtytgat4098

I have to make an ems video on history of money and what it means to me
Comment from : @RULAMADEIT

Today we are in age of Finance, Technology and economics #BTC
Comment from : @langa1533

Superb
Comment from : @revitharevitha5356

Bitcoin baby
Comment from : @blainetanner5531

The American dollar is inflating, the government is printing millions every year It’s just a matter of time before it collapses You guys have no idea what you’re talking about
Comment from : @HiddelS143

Super and we'll done ☝👌👌👌👌
Comment from : @nafeesasulthana3285

Bruh
Comment from : @susntrip6268

Is this all made up? Just speculation? Or is there hard evidence that you can reference to support this “history”?
Comment from : @PeterFC

1 What were people using before coins to handle the problem of money? (IOU) br br2 What was the big problem with metal money? br br3 Can you explain the early use of paper money? How was this problem solved? br br4 What does the Speaker meant by controlled money? How were banks born? br br5 Can you explain inflation? br br6 Were Americans allowed to print their own money? br br7 What is Fractional Reserve banking? br br8 What kind of money did the economist distinguish? br br9 Why does the dollar retain its value? Can you mention some of the new currencies?
Comment from : @juanfontaine9643

Who is here because your teacher forced you to watch this?brbr👇
Comment from : @Deluga123

Excellente
Comment from : @glanced9684

depositors insurance for national banks
Comment from : @kentheengineer592

to prevent bank runs banks will need to have an insurance provider and meet the maxium fractional reserve lending rate
Comment from : @kentheengineer592

fractional reserve banking must be based on something otherwise it may just end up being another form of inflation just imaginary for create value from thin air rather than baseing value on something concrete
Comment from : @kentheengineer592

inflation should not be practical since you creating value from just saying because i want it not that its based on anything
Comment from : @kentheengineer592