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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Hueristic
on 31/03/2020, 22:09:17 UTC
⭐ Merited by strawbs (1)

My nephew has recently been expressing interest in knowing more about how the financial markets really work. It's nice to see him thinking for himself and expressing scepticism about the system. But I don't have much time at the moment to sit down with him and explain the corrupt relationship between the Fed, banking system, govts, QE, etc. etc. Any recommendations for something which I can direct him to which explains this all for a bright teenager who is already suitably cynical of mainstream media?


https://www.youtube.com/watch?v=PHe0bXAIuk0

Starts ELI5 easy, then gets much more sophisticated, but it's good on how money and the economy works.  Also shows cycles and explains a credit crunch and the balance between printing money and getting right (or wrong).

See what you think, but it's a start.

It doesn't explain the abuse and rampant Wall Street skulduggery, mind, but you'll find more that do, I am sure.


ELI5

https://www.youtube.com/watch?v=wgazsNiu3BA