The "Bet On Everything" Epidemic Is Actually Worse Than You ThinkFollow to learn How Money Works.Find How Money Works on YouTube: ⁠https://www.youtube.com/@HowMoneyWorks⁠Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.--- -----------The "Bet On Everything" Epidemic Is Actually Worse Than You ThinkFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.---------- ----------------------------- ---------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

If The AI Bubble Pops, We Lose Our Jobs... If AI Takes Over... We Also Lose Our Jobs...Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.------------------------- ------------------------- ------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Great Depression ExplainedDuring the 1920s, America was thriving. National wealth had doubled from the year 1920 to 1929, over 12 million households purchased radios, and electric refrigerators became widely available. The Ford Model T revolutionized travel, places such as motels, grocery stores, and movie theaters were now easily accessible, and large scale automobile companies created thousands of new jobs. Americans began moving into cities, people didn’t have to sew their own clothes, and citizens all across America began buying the same brands of food, listening to the same music, and doing the same dance (the Charleston). This became known as the “Roaring 20’s”Disposable incomes rose, families had more money, and everyone including line workers, janitors, the ultra rich, and even banks using consumer’s deposits started pouring money into the stock market. At a time with no Robinhood or Charles Schwab, investors had to visit brokerages in person to buy stocks. And with no Twitter or iPhones, important news about companies that happened after the morning newspaper would be distributed when a paperboy announced a mid-day “Extra.”#TheGreatDepression #WhatCausedTheGreatDepression #HowMoneyWorkshttps://en.wikipedia.org/wiki/Great_Depression https://www.pinterest.com/search/pins/?q=The%20great%20depressionFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- --------------------------- ----------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Is Investing in Wine Better than the Stock Market?Fine wines are one of the most sought after goods for those who enjoy the taste and class associated with them. With many wines, aging is one of the ways they continue to taste better and better. That means people are willing to pay more in the future for wines that age well.This has led to one of the most interesting forms of alternative investing, and even services have been created for collecting pricing data and coordinating the trading and exchange of investment wine.In March 2019, a wine auction at the world famous auction house, Christie’s was held for a variety of wines. During the auction, the most expensive sale was 12 bottles of wine from Burgundy, France for a little over $305,000. That is over $25,000 per bottle of wine. In 2011, the same case sold for between $97,000 and $116,000 in today’s dollars, marking an increase of over 126% over those 8 years. Overall, the auction seemed to be pretty successful with about 90% of all wines being sold.The rise in popularity of wines being bought from the secondary market has grown intensely from the year 2000 to about $4 billion in 2018. Although this is pretty insignificant if you compare it to total private equity investment activity of $800bn in 2018, $4Bn is still pretty significant.#WineInvesting #InvestInWine #HowMoneyWorksSources: https://pastebin.com/R4KbyAXuDISCLAIMER: This video is not official financial advice. We are not licensed financial advisers and are not advocating for purchasing any securities mentioned in this video or any other videos posted by Compounded Daily. Always do your research before purchasing any securities.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ----------- -------- Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Weird and Awesome Hedge Fund StrategiesBuying stocks are great, but let's talk about what nobody else is talking about: alternative investing. Could alternative investing be better than stock marketing investing?Hedge funds are trying to beat the stock market (S&P 500) by investing in alternative assets. Many videos discuss the stock market, but why settle for that when you can double or triple that return?Here are five awesome hedge fund strategies that are actually doing pretty well.Give us suggestions for videos in the comments.#HedgeFund #AlternativeInvestments #HowMoneyWorksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ---------------------------------------- --- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Great Depression ExplainedDuring the 1920s, America was thriving. National wealth had doubled from the year 1920 to 1929, over 12 million households purchased radios, and electric refrigerators became widely available. The Ford Model T revolutionized travel, places such as motels, grocery stores, and movie theaters were now easily accessible, and large scale automobile companies created thousands of new jobs. Americans began moving into cities, people didn’t have to sew their own clothes, and citizens all across America began buying the same brands of food, listening to the same music, and doing the same dance (the Charleston). This became known as the “Roaring 20’s”Disposable incomes rose, families had more money, and everyone including line workers, janitors, the ultra rich, and even banks using consumer’s deposits started pouring money into the stock market. At a time with no Robinhood or Charles Schwab, investors had to visit brokerages in person to buy stocks. And with no Twitter or iPhones, important news about companies that happened after the morning newspaper would be distributed when a paperboy announced a mid-day “Extra.”#TheGreatDepression #WhatCausedTheGreatDepression #HowMoneyWorkshttps://en.wikipedia.org/wiki/Great_Depression https://www.pinterest.com/search/pins/?q=The%20great%20depressionFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ------ ------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Why SpaceX Needs StarlinkIn 2019, with around 75 billion visits a month, Google was the most popular website in the world. Perhaps more impressive, is that combining the next three--YouTube, Facebook, and Baidu--would only bring you to around 60 billion.What’s less talked about, though, is the magic that makes the internet easy to express our thoughts (Twitter), share family photos (Facebook), and for you to like this video.For most people, the internet is no longer a luxury, it’s a necessity. Those important things in life like work, staying connected with friends, and subscribing to Compounded Daily, are all enhanced through the use of the internet.And yet while 94% of America has access, most of the world (about 52%) does not. But how those who don’t eventually get connected will start to look a lot different.#Starlink #SpaceX #HowMoneyWorksSources: https://pastebin.com/VfHzJrHwMusic: Astral Roar - Lama House Lupus Dream - Lama House Cotton Spheres - Lama House Slow Silk Lullaby - Lama House Astral Roar - Lama HouseDISCLAIMER: This video is not official financial advice. We are not licensed financial advisers and are not advocating for purchasing any securities mentioned in this video or any other videos posted by Compounded Daily. Always do your research before purchasing any securities.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ------------------------------- ------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Are Global Elites Above the Law?The Davos Man was the big topic at the 2018 World Economic Forum. But who is he? We profile "The Davos Man" in this video.#DavosMan #TooBigToJail #HowMoneyWorksSources: https://pastebin.com/yg8NZZ96Music from Epidemic Sound.DISCLAIMER: This video is not official financial advice. We are not licensed financial advisers and are not advocating for purchasing any securities mentioned in this video or any other videos posted by Compounded Daily. Always do your research before purchasing any securities.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ----- ----------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Gig Economy is FullFollow to learn How Money Works.Find How Money Works on YouTube: ⁠https://www.youtube.com/@HowMoneyWorks⁠Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.--- ------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

The Economics of Self DrivingThe future is now! with AI being integrated into our lives for better or worse the overwhelming motivation of automation and machinist ascents is to save time money and lives.But does it?We can easily be biased in the human cost of innovation in the name of technological advancement other acquired industrial financial and behavioral changes needed to integrate autonomous vehicles worth it and for whom?Autonomous vehicles are not exactly what Back to the Future predicted but it's a good start EV's are cars that can drive themselves with varying degrees of human input which is classified on a zero to five spectrum.Level zero denotes no automation whatsoever level one is where minor steering and acceleration tasks are performed and level two is the likes of advanced cruise control and autopilot systems at this level the car can automatically take safety actions but the driver needs to stay alert at the wheel.Level three of automation still requires a human driver but more safety critical functions are taken by the car the system has control of functions such as speed steering and monitoring the environment.Under specific conditions the driver can be partially distracted such as swiping right or liking this video but the driver must be ready to intervene as and when the system requests this poses some potential dangers as the major tests of driving are transferred to or from the car itself level 4 cars are cars that can drive themselves almost all the time and anywhereMusic from Epidemic Sound#SelfDriving #Automation #HowMoneyWorksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ------------------------- ------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Why SPACs are Popular InvestmentsNicola Motors, Draft Kings, and Virgin Galactic have a lot in common. For starters all these companies have recently gone public and are still not profitable and while that's common for many IPOs neither Nicola or virgin galactic have actually generated any revenue from their main service lines. For Nikola they haven't even sold any electric vehicles and for Virgin Galactic they have still yet to deliver on their space tourism services. Most people would consider these stocks to be early stage and incredibly risky for wall street bets though it's a great idea. Perhaps the most important thing to understand about these companies is how they went public and that's through a spec or a special purpose acquisition company. We're going to look at specs how they're structured and answer why they become so popular among investors. SPAC's are by no means anything incredibly new they've existed for a while now but have just recently become popular again. The general idea behind a SPAC is that their management team raises money from investors to go public and then uses that money to buy another company the process through which the acquisition occurs is called a reverse merger and how this works is actually pretty simple... Music from Epidemic Sound #SPAC #IPO #HowMoneyWorksFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- --------------------------- --------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

Yes Money Does Buy You Happiness - Even Beyond $75,000 Per Year! - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈 $75,000 per year. This is the number often referred to as the cut off where money will no longer bring you any more happiness. This is largely in thanks to a widely misquoted 2010 study conducted by these two gentleman, Daniel Kahneman and Angus Deaton. Since this was published, all manner of outlets have perpetuated this idea that conveniently falls in line with other tropes like, money can’t buy happiness and money is the root of all evil, mo money mo problem etc etc. The issue is that it’s simply not true. The first clue for anybody misquoting this study should be in the title of the study itself. “High income improves evaluation of life but not emotional well-being” What this means in plain English is that people with higher incomes don’t necessarily experience higher levels of day-to-day happiness. However long term, they do generally have a more positive outlook on life. This phenomenon is most likely to be explained by the psychological theory of the hedonic treadmill. The hedonic treadmill is the observed tendency of humans to revert back to a relatively stable level of happiness in spite of any major life events, positive or negative. This is to be expected because of something psychologists refer to as the hedonic treadmill. The hedonic treadmill is the observed tendency of humans to quickly return to a relatively stable level of happiness despite any major positive or negative life changes. #Money #Happiness #HowMoneyWorks Sources - https://www.pnas.org/content/107/38/16489 - https://www.pnas.org/content/118/4/e2016976118.short?rss%3D1Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- ----------------------------------- Learn more about your ad choices. Visit megaphone.fm/adchoices

What Company Made Steve Jobs a Billionaire? - Hint: it Wasn't Apple! - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈 ---------- Steve jobs was worth an estimated 10.2 billion dollars at the time of his tragic death in late 2011, making him one of the wealthiest people in the world at the time. This will not come as a huge surprise to most of you, because after all he was the founder and CEO of Apple Computers, which went on to be the most valuable company in history, with a market capitalization today of over 2.2 trillion dollars. The thing is though, apple had very little to do with the fortune amassed by this legendary businessman. Apple was famously founded by Steve Jobs, Steve Wozniak and Ronald Wayne in a Californian garage in 1976.The business found it’s initial seed capital from jobs selling his Volkswagen Bus, and Wozniak selling a high end pocket calculator. These funds were then use to develop the apple one and subsequent apple two desktop computers, which introduced the world to a new way of interacting with these previously cumbersome machines. During this period, Ronald Wayne, the often forgotten third founder of apple computers would sell his share in the company for $800 dollars. Those same shares today even after dilution would be worth more than half a trillion dollars, but c'est la vie Video Clips Used In Video- - https://www.youtube.com/watch?v=m4kn_GqGsKc - https://www.youtube.com/watch?v=QbbW8SO08XQ Discord I hang out on - https://discord.gg/MJGcTH6 #SteveJobs #Billionaire #HowMoneyWorks Answer to the mistake we made - The picture of the three founders does not actually include Ronald Wayne. In fact the man we crossed out was actually John Scully, the CEO that later ousted Jobs from the company.Follow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- Learn more about your ad choices. Visit megaphone.fm/adchoices

So You Just Got Rich... Great... Now What?! - How Money WorksSign up for my newsletter https://compoundeddaily.com 👈 ----------- So you just got rich… Maybe you bought GameStop at $5, or bitcoin at a thousand, maybe you did it the good old fashioned way and won the lottery, but by one means or another you have found yourself with millions of dollars looking back at you when you open up your bank account. Congratulations you have won capitalism…. Now What? You might have though making the money was the hard part, but in many ways holding onto it can be even harder. Friends you haven’t heard from in years will suddenly spring back into your life, strangers will send you threatening letters, and even family members will have a sob story about why they suddenly need money. Ironically enough, multi million dollar windfalls from inheritances, gambling, or gambling in denial “investing” actually increase the likelihood of being declared bankrupt by over 1,000%. So hang onto your lucky windfall and stick around to learn how money works, So to understand what to do with your new found fortune, you have to start off by understanding what not to do. Believe it or not, coming into life changing amounts of money in a short space of time can inflict upon people what psychologists call Sudden Wealth Syndrome, and while that might sound like the best mental health problem to have, it is still a serious problem. According to the American Psychologist Dr Stephen Golbart, the symptoms of this affliction include anxiety, isolation and paranoia, brought about by the perceived guilt of receiving money that wasn’t “earned”. It’s kind of like the imposter syndrome turned up to 11. ______________________________________________________________________ #Windfall #CallOptionsGoBrr #HowMoneyWorks Link To Economics Explained Video - https://youtu.be/AqSExy3HBm0 Music by Epidemic SoundFollow to learn How Money Works.Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorksDisclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out.- Learn more about your ad choices. Visit megaphone.fm/adchoices

Is The World Bank Actually an Evil Empire? - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----The world bank and the International Monetary Fund are two international organizations that receive a fair bit of criticism for being overly powerful empires used by the wealthy and influential to squash poor and developing nations. And as we will explore a lot of this criticism isn’t entirely unfair either. But part of the problem stems from the average individual not knowing what the world bank is and what they do, which means at best they only hear about the issues that make headlines, or at worst they don’t hear anything about it and go grr, banks are bad, so a bank for the entire world must be the biggest baddest bank of all. And as we have said, they might not be wrong, but before we get the pitchforks out it’s time to learn how money works, and thoroughly investigate what these institutions do, what they are supposed to do, and why everybody seams to be angry at them all the time. Ok so they world bank and the international monetary fund are often confused for one another, and in fairness they are similar in a lot of ways. Both of them were started as financial arms of the United nations in the mid 1940’s as a response to the financial factors the led to world war 2. They are also both something that most people won’t have anything to with in their day to day lives, unless they were to become a very senior politician or bureaucrat. But here is the general breakdown. #WorldBank #IMF #HowMoneyWorks___________________________________________________________________________Link To The Capitalists Discord where I hang out with other creators - https://discord.gg/8MeNJ7gfSRMusic by Epidemic Sound Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

How EVE Online's Massive Virtual Wars Are Financed - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈----eve online, (a massive multiplayer online spaceship game) is probably best know for two things. Making headlines about it’s massive in game conflicts involving tens of thousands of players and it’s incredibly realistic in game financial system which can make loosing a virtual spaceship just as consequential as loosing a phone or a car in the real world. Countless magazines, and even much more successful YouTube channels have talked about these two factors individually, but where I think they get really interesting is when they merge together. For a game about spaceships set 21,000 years in the future, EVE is surprisingly realistic, and that realism extends to these massive wars in the sense that they are expensive. The in game currency called ISK has an approximate exchange rate of about $6 per billion in game isk. Although it must be mentioned that trading this in game currency directly back or forth for real life money is actually against the rules of the game for now at least and will get you banned. Even still, this shows that in game assets have a very tangible real world value on the grey market, so when you see headlines about trillions of ISK been lost in these epic battles it gives you an idea of just how expensive it can be to wage entire wars in EVE Online. But this all begs a bigger question…Who or what funds these wars?With a price tag of hundreds of thousands of real world dollars and nothing but virtual space pride in return, it doesn’t sound like a very good deal… Right? Well, it’s time to learn how space money works, if you enjoy this video please consider liking and subscribing for new video’s like this one made every week. Ok so there are three really interesting and unique ways these major wars have been funded over the past 2 decades that this game has existed. But let’s start with the most basic one.#EVEOnline #EconomyOfEVE #HowMoneyWorksMusic by Epidemic Sound & Eve Online Original SoundtrackSign Up Link (if you want to try out the game) - https://www.eveonline.com/signup?invc=ef33cafb-0aa2-4051-9f03-55dc800247c2(This link gives both you and I rewards in the game) Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

How Short Term Thinking Won Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. --- Learn more about your ad choices. Visit megaphone.fm/adchoices

Is The Federal Reserve Bank Profitable?! - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----The federal reserve bank has found itself as the center of attention in recent months, what with everything from, money printer Meme's to “the future of capitalism as we know” on the line, the fed has obviously been an incredibly influential entity. But it’s also something that most people really don’t know much about, or worse… think they know a lot about when they really don’t.But that’s ok because the federal reserve bank is a bank, so the best way to get to really get a good understanding of how it works is just to follow the money and answer a simple question, Is the reserve bank profitable?Now because I hate YouTube video’s than needlessly drag out a question to get their average watch time up the short answer is.. Yes, Massively Profitable, it’s actually the most profitable organization in the world after recently beating out Saudi Aramco. But don’t click away yet… For starters I need that average watch time too, but more importantly, finding out how money works to generate massive profits at the federal reserve bank will teach you a lot about how this almost mythical institution actually operates day to day. #FederalReserve #QE #HowMoneyWorks___________________________________________________________________________Music by Epidemic Sound Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

What EVE Online's Tax Havens Teach Us About New York's Future - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----This is the largest trade hub in EVE online, A massively multiplayer spaceship game with by far the most realistic financial system in the virtual world. And this is downtown Manhattan, the largest trade hub, in well, the real world. These two regions of concentrated commerce have more than you might expect in common and what has happened before in this virtual world, might be a very good indication of what end’s up happening here in the real world. But we are getting ahead of ourselves. In our last video in this series we explored how eve online’s massive in game wars were financed, and at a cost of hundreds of thousands or even millions of dollars… why they were financed…Now a few people reached out to me after that video and said I missed a very interesting detail, the battle over in game tax havens. You see when a financial system is as realistic as the one in EVE Online, it comes with some unfortunate realities as well, most notably, needing to work hard to make in game money, currency inflation and of course paying taxes…So it’s time to learn how money works and take a look at the different taxes players in eve online are expected to pay, how they avoid paying them, and what this can teach us about the fate of New York.#EVEOnline #SpreadSheetsInSpace #HowMoneyWorks___________________________________________________________________________Music by Epidemic Sound & Eve Online Original SoundtrackSign Up Link (if you want to try out the game) - https://www.eveonline.com/signup?invc=ef33cafb-0aa2-4051-9f03-55dc800247c2(This link gives both you and I rewards in the game)Original background artwork created by - Rixx Javix Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices

How Do MLM Companies Defend Themselves Against Being Classed as Pyramid Schemes? - How Money Works Sign up for my newsletter https://compoundeddaily.com 👈-----Multi-Level Marketing Companies or MLM’s rightfully get a fair bit of criticism in the news, across social media, and even in social groups that are aware of their less than upstanding business tactics. However, despite this almost universal bad reputation, Multi Level Marketing Companies have grown in size year on year, bringing in an ever-larger pool of unsuspecting victims. This reality flies in the face of what the critics often say about such schemes, which is that they are fundamentally unstable pyramid schemes that are mathematically guaranteed fail. If that was the case, then this now decades old industry filled with decades old companies is sure taking a long time to live out the apparent certainty. So were the critics wrong about this one? Well as regular viewers of the channel may know, I hate video’s that drag out the a simple question unnecessarily. So the short answer is no, they are not wrong about the industry as a whole, but they do get a lot wrong about their day to day operations, and this public misunderstanding may actually be key to explaining how this industry keeps on growing. So it’s time to learn How Money Works by defending the indefensible, a new series that I hope to launch, depending on how well this video goes. #MLM #PyramidScheme #HowMoneyWorksMusic by Epidemic Sound Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - Learn more about your ad choices. Visit megaphone.fm/adchoices