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Please provide your comments to the following question based on the video from Module 5: https://www.youtube.com/watch?v=c62p6WFwtH4&list=PLmpODdsfprYH4Fhsso8PVPQBNxVDQSgb_&index=5 How do banks create money? How is this different

Please provide your comments to the following question based on the video from Module 5:

https://www.youtube.com/watch?v=c62p6WFwtH4&list=PLmpODdsfprYH4Fhsso8PVPQBNxVDQSgb_&index=5

  1. How do banks create money?
  2. How is this different from the gold system?
  3. Why is money now considered as debt?

All the information is in the video. you need to open the link and watch the video. then you will be able to see the answer. this is all I can tell you.

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