All money in existence came into realization as debt of the issuer. (this video doesnt really explain that, a commodity backed currency is not what most our trade is based on) The US dollar was issued by the govt as promises of payment, which are then due on US dollars. Switching from barter to currency is not as simple as the video may suggest, currency/debt promises existed since the mesopotamians, not a modern invention.
I'll pass on brainwashing kids to see a currency based economies as progress and evolution. Its quit the opposite. Its our death sentence and the main path of all corruption. Its also the only way hoarding excess is worth while leaving most without. Get a clue please
The barter system is the way. Each one teach one. Everyone has something to offer. Find it and produce it. It's community based and everyone agrees on which each one produces and we give and receive with love and honor. We have lost touch with what that means.
You are correct. Currency based economies abstract people from self reliance and enslave the people. Currency based economies are also the main path in which all things can be corrupted. Lastly, currency based economies make it possible to hoard without loss which is why so many people are left with nothing. Currency is our death sentence and thus why I have dedicated the remainder of my life to establishing an alternate barter infrastructure for commodities, necessities and services that can sustain individuals and their families should they choose to not partake in the traditional currency based capitalist market. I am always happy when I see a comment like yours
Also currency can be printed infinitely and abuse citizens. Just imagine someone with a money printer just handing you money until they've taken all your land. It's absurd. While barter forces both people to exchange VALUE. Their arguments are weak. You can simply barter a non-perishing good to keep your value instead of being forced to use gold or silver.
This skips over a crucial part of the barter/coin story. How did it actually begin? Who first said he her is a silver chunk give me a gallon of milk and why did the milkman accept the worthless chunk of silver?
When the guy sold one pair of shoes to the guy that had tomatoes and couldn’t get anymore tomatoes that’s an economic bubble! Eventually you’re going to run out of customers!
Keep it up! :D your vid even got shown to the whole of my school :D
clean and clear explaination of the topic
Excellent video on the subject.....thank you!! This topic should be taught in schools RATHER than alot of the junk kids are being taught today!!
Your videos are shown in my international school keep it up 👍👍👍
Nicely explained for students
how did the first currency/money was distributed among the people??
All money in existence came into realization as debt of the issuer. (this video doesnt really explain that, a commodity backed currency is not what most our trade is based on) The US dollar was issued by the govt as promises of payment, which are then due on US dollars. Switching from barter to currency is not as simple as the video may suggest, currency/debt promises existed since the mesopotamians, not a modern invention.
Bring Back Bartering and
wager then cash and coins as idea? and legacy Contact?
Nice explained
Nice explanation
Thank you for seeing
It's very simple to understand. It's a amazing video to educate kids
I'll pass on brainwashing kids to see a currency based economies as progress and evolution. Its quit the opposite. Its our death sentence and the main path of all corruption. Its also the only way hoarding excess is worth while leaving most without. Get a clue please
👍Nice explainer video!
May I know which software helped you to make these awesome animations?
It is very good video
Video is great keep it up
It is easy and happy thank you
Thanks for your nice vdo
Bolenge ham💫💯
Nice video
Nice
Keep it up mam
The barter system is the way. Each one teach one. Everyone has something to offer. Find it and produce it. It's community based and everyone agrees on which each one produces and we give and receive with love and honor. We have lost touch with what that means.
You are correct. Currency based economies abstract people from self reliance and enslave the people. Currency based economies are also the main path in which all things can be corrupted. Lastly, currency based economies make it possible to hoard without loss which is why so many people are left with nothing. Currency is our death sentence and thus why I have dedicated the remainder of my life to establishing an alternate barter infrastructure for commodities, necessities and services that can sustain individuals and their families should they choose to not partake in the traditional currency based capitalist market. I am always happy when I see a comment like yours
Also currency can be printed infinitely and abuse citizens. Just imagine someone with a money printer just handing you money until they've taken all your land. It's absurd. While barter forces both people to exchange VALUE. Their arguments are weak. You can simply barter a non-perishing good to keep your value instead of being forced to use gold or silver.
@@Thee-_-Outlier but it was still not the best system than the monetary system though
nice viid
This skips over a crucial part of the barter/coin story. How did it actually begin? Who first said he her is a silver chunk give me a gallon of milk and why did the milkman accept the worthless chunk of silver?
Fantastic kaise bole very good and very fantastic 🇮🇳🇮🇳
Ok thanks... I like ur video😀😀😀
this video is great but the sound effects sometimes are too loud so we cant hear the narrator
Thank you 😊
The barter system is still in practice BTW
U know ....
it is also shown in my school too
Happy Republic Day to all of you
Maratha flag shown in video is wrong, its mughal flag. Pls correct it asap.
When the guy sold one pair of shoes to the guy that had tomatoes and couldn’t get anymore tomatoes that’s an economic bubble!
Eventually you’re going to run out of customers!
👍🏻👍🏻👍🏻
bya mujhe to eangrezi to aawaat hi nahi aab ham kya kre
Jamai
Not good isme hindi kab aayegi
It is great
😊😊
👍🏽👍🏽💯💯💯💯
the animator was just lazy to show his new hair- hence, no barter
Wow
Not a fan of cashless society part.
The one flag shown in maratha was of Mughals and the flag shown in Mughals was of Nizam of hyderabad
ഇതിൻ്റെ മലയാളം ഉണ്ടോ
Money is worthless. Why barter? We should just take from each other and give nothing back in return. If you need something just take it.
Ehi dakho
bro talks about his country like other countries don’t have money or coin 😒
45,000
🏦
ERIKA contructiongenral
Osman triminio
Student
I learned nothing and seen no evolution
UwU
Nice video