I stumbled upon this 47 minute presentation called “Money as Debt” by Paul Grignon and trust me, this has cleared many of the doubts that I had.
The videos will show you how the Banking started and what shape it has taken over the years – and how does modern banking, Debts and deposits function in today’s modern world.
These set of 5 10-minute videos will be a great education for you and I suggest you bookmark it for future reference, if you are not able to view them now.
(note: first video starts after 15 seconds)
Hope this presentation has made a difference to you.
hat tip: Yadu