How Money & Banking Work (& why they’re broken today) - Lyn Alden

In this 30-minute explainer video, Lyn Alden takes a step back through history and looks into the intricacies of money and banking, offering an answer to an overlooked but extremely important question: What is money? This video takes core ideas from Lyn’s recent book “Broken Money: Why Our Financial System is Failing Us and How We Can Make it Better“ and distills them into an easy to consume format. Read Lyn’s Book “Broken Money“ here: More info & research: Video produced by: Chapter Timestamps: 00:00 - Broken Money Intro 02:35 - What is Money? 07:08 - The Rise of Banking 12:45 - The Global Financial System 20:03 - Centralization & Abstraction 25:40 - Open-Source Money