My YouTube channel is, one step at a time, starting to become genuinely useful. As most of you already know, I’ve recently started explaining important economic concepts/principles/etc. through catchy one-minute animations.

Yesterday, I’ve uploaded my first video about a very complex topic, fractional reserve banking.

The other videos I have on my channel (one about inflation, one about deflation and one about hyperinflation) are related to topics which are considerably easier to understand than fractional reserve banking.

Explaining something as complicated yet important as fractional reserve banking in one minute has definitely been a challenge, I’m very happy with the video and it’s very important to me to stay within the format. I can talk about fractional reserve banking for a full day without running out of things to say but most people aren’t economists, so it’s important to teach them in a fun manner and most importantly understand that their time is limited or should I say their willingness to invest time in order to learn economics is limited.

This is what my series of videos is all about, teaching people who aren’t economists and who might not care too much about economics the basics, the things I feel everyone should know because make no mistake: economics-related stuff plays a much more important role in your existence than you realize it and sticking your head in the sand will do nothing except get you instant dandruff 🙂