In this playlist, we've been constructing a monetary or banking system that reasonably in the simplified form, approximates the system we're in.

But the net effect is that there's more cash now in the banking system.

So the Federal Reserve here starts printing money.

From the millionpound security system at the bank to the PIN machine you took exception to.

The banking sector has undergone tremendous transformation, from over 80 banks to 25 banks.

What bank?

Bank?

So at some point, they give up.

I'm in banking. In banking? How'd you get into that?

So in part of this negotiation process

Let's call this Bank A.

And let's say that Bank A

BANK OF VENICE...

Yes. Banking section.

Which bank?

It's a bank.

B...

Banker?

A banker?

Build factories, plow seeds, hire people.

The Bank of Tokyo amalgamated with the Mitsubishi Bank.

Tomorrow i'll be able to buy honolulu!

He works in a bank.

Banking.

so you stop at a bank?

In case X percentage of people wanted their gold back.

Let's say I still go to the bank.

Kyowa Bank and Saitama Bank merged into Asahi Bank ten years ago.

The Mitsubishi Bank merged with the Bank of Tokyo.

OK, so now we're in an interesting situation.

Like a bank, you know, except better than a bank, cos, you know, banks always get knocked off.

I know, you haven't met them.

Eighty grand?

Walk on to the bank.

What about the platinum thing?

His own bank?

From a bank in Burundi.

Oh, ah... It's banking.

I run a food bank that provides ...

Well traditionally, if I want to get a loan I would go to my bank.

I need to go to the bank.

And those loans from other banks, those are assets of other banks.

And if this is a loan from Bank B, Bank B would have an asset called loan to Bank A.

Now we're not as familiar with the term bank note because we only see one type, or at least one type per country.

It's not safe inside my house.