How Money & Banking Work (& why they’re broken today) - Lyn Alden
In this 30-minute explainer video, Lyn Alden takes a step back through history and looks into the intricacies of money and banking, offering an answer to an overlooked but extremely important question: What is money?
This video takes core ideas from Lyn’s recent book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better“ and distills them into an easy to consume format.
Read Lyn’s Book “Broken Money“ here:
More info & research:
Video produced by:
Chapter Timestamps:
00:00 - Broken Money Intro
02:35 - What is Money?
07:08 - The Rise of Banking
12:45 - The Global Financial System
20:03 - Centralization & Abstraction
25:40 - Open-Source Money
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