The Ascent of Money: A Financial History of The World by Niall Ferguson (Full Documentary)

YouTube ^ | 11-23-2013 | Niall Ferguson

[NRx]

A history of money, banking, bonds, stocks, insurance, mortgages/real estate and etc. Appx 4 hrs.

[taxcontrol]

Money has intrinsic value (gold and silver, etc). Currency only has a representation of value. Almost all transactions are executed in currency.

[abb]

Money: A medium of exchange, unit of account, and store of value.

[lizma2]

bkmk

[Oratam]

bkmk

[walkingdead]

bookmark

[SMARTY]

Money= insulation between the world and YOU

[Reily]

Unfortunately most people don’t make the distinction.

[RinaseaofDs]

This book is awesome. Read it about 10 years ago. Very, very readable.

[Capt. Tom]

Rather than watch the 4 hour video, I ordered the book and can read it in spurts and re-read any sections for clarification.

I am always interested in the fundamentals of things that affect me, and also my surroundings. - Tom

[grumpygresh]

One of the most concentrated stores of value is fentanyl or even higher sufentanyl. Thousands and thousands of doses per unit. Let’s face it US federal government is addicted to the drug trade and has to be storing some of the confiscated drugs for resale or exchange.

[Albion Wilde]

bump

[Eurotwit]

bookmark. Gotta watch this love Niall

[Albion Wilde]

Thank you. I have meant to read the book, but this may be as close as I’ll get, not being in a money profession. But it’s something all of us Americans need to understand, especially if we wish to avoid socialism and be able to manage within capitalism.