Understanding the Financial System's True Nature
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Understanding the Financial System's True Nature
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About this listen
In this episode, we explore the often-misunderstood financial system, differentiating it from the real economy and explaining how its structure shapes the flow of money. We break down its evolution, functions, and the reasons it can feel so detached from our daily lives.
Chapters
00:00 What is the Financial System?
00:58 Why It Feels Abstract and Alien
05:32 Separating Financial System from Economy
10:25 How the Financial System Works
12:17 The Impact of Misunderstanding
18:17 Why Understanding Matters
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.