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How Our Banking System Works

by Bill Sweeney
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I’m not sure if you have heard of Khan Academy…but it’s awesome. This guy is amazing is pretty amazing.  Here’s a little summary:

A free world-class education for anyone anywhere.

The Khan Academy is an organization on a mission. We’re a not-for-profit with the goal of changing education for the better by providing a free world-class education to anyone anywhere.

All of the site’s resources are available to anyone. It doesn’t matter if you are a student, teacher, home-schooler, principal, adult returning to the classroom after 20 years, or a friendly alien just trying to get a leg up in earthly biology. The Khan Academy’s materials and resources are available to you completely free of charge. – Khan Academy

Basically, it’s down-to-earth, well-developed, and easy to understand lessons on a myriad of topics…free online.  You should check it out.

Given the current economic climate, I thought this was great.  Some things you may know, some things not.  Whatever you know, this is a great primer on how most of the world’s banking systems are structured and how they function on a daily basis. Enjoy.

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How Our Banking System Works was last modified: August 4th, 2014 by Bill Sweeney

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