What I've learned!

DavidB's Avatar
DavidB · in Testimonials
1 comment 424 readers
DavidB's Avatar
#1

I've gathered a lot since joining. I used to imagine money just sitting in a bank account like cash in a vault but learning how the monetary system actually works was eye-opening for me.

I learned that most money today is digital, not physical. Banks don’t just store money; when they issue loans, they effectively create new money within a regulated system. That changed how I see things big time.

I used money and currency interchangeably and incorrectly. They are not the same. It feels like discovering the hidden mechanics of something I use every day. Thank you! πŸ˜„

MoneyMan's Avatar
#2

Wow, not sure how I missed this. This is good stuff, glad you got something out of here. πŸ™‚

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Unit 1 Monetary Education
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