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Please provide your comments to the following question based on the video from Module 8: https://www.youtube.com/embed/5fbvquHSPJU?start=1003&end=2995&version=3 Explain why money is now considered to be debt?

Please provide your comments to the following question based on the video from Module 8:

https://www.youtube.com/embed/5fbvquHSPJU?start=1003&end=2995&version=3

  1. Explain why money is now considered to be debt?
  2. Why are banks so powerful in today's society?
  3. What could cause the banking system to fail? Why is it important to ensure the banking does not fail?

Please watch the video by opening the given link. all the information is in the video.

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