Ever wondered about the whole money thing – how it's made, where it comes from? Well, in this podcast episode, we're breaking it all down, and without using any jargons.
We also promise that this podcast will not remind you about an economics class. Because, it's not a lecture on economic theories. Nope. It's more like your friend explaining things in a way that just clicks. You'll walk away with a bunch of useful insights to help understand the concept of money a little better.
Make sense of those tricky concepts you read about in newspapers or on business channels. You know, the stuff that usually leaves you feeling a bit puzzled.
Write to us at podcast@capitalmind.in if you have feedback or ideas. We read and reply to all emails.
References
00:00 Introduction 01:36 How is money created? How does it grow? 12:41 Money printed is not the same as money spent. 32:16 How do banks create money by lending? 40:59 How does money flow between banks and RBI? 43:53 How do banks make money? 48:40 More ways to create money 53:59 Wealth effect: People often assess their wealth without accounting for the impact of taxes. 59:41 The central bank isn't the one creating inflation. It's the people. 1:02:53 Economies create wealth by moving up the value chain
