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Credit Crunch: What Was you taught about Money?

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Uploaded by on Oct 16, 2008

With all the Financial woes I'm interested in what you was taught in school about How Money works. Also what are your favourite books on the subject

Mine include

Richest man in Babylon - Clason

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Education

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Uploader Comments (funkr77)

  • man haveny seen your videos in a while. Good to see you again. Major issue is fiat currency. The system is imploding nothing anyone can do now. Fiat money always fails.

  • Im totally in agreement. Sorry I havent been in contact but had a lot on since leaving my previous job. I will be catching up on your videos asap ;)

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  • You are so right dude! Richest man in Babylon is a must-read. Please check out my video response or the featured video on my channel to see what I'm doing to burn these principles in my head.

    I wish you the best in your schooling. And I think it would be cool if you get richer than your teacher!!

    By the way, in school, I wasn't taught jack about money.

  • I remember one lesson at school in which we were taught how to write a cheque. Certainly, we need to teach kids about 'financial intelligence', managing accounts, etc.

    Favourite financial book? "Globalization and Its Discontents" by Joseph Stiglitz. One particular part was described how money leant to Russia was tracked from the bank account it was sent to to going to multiple global bank accounts and Russia denied it was the same money!

  • This is nothing short of a hot mess Tony. The CEOs and board of directors stateside have become entirely too greedy (over 400 times the average worker salary, golden parachutes, etc.).

    The US has virtually evolved into a class system. The US is plenty rich, yet 3% of the people control over 50% of the wealth created. As a result, many don't have health care, and we are 31st in lifespan and 34th in infant mortality. The very top are prospering more than ever at the expense of the rest...

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