The Fuel That Banks Can No Longer Count On - Yuval Noah Harari

Recently, both Silicon Valley Bank and Silvergate Bank were bailed out by the government. However, they primarily failed due to the loss of trust by depositors, trust that the banks lost in front of them.

Yuval Noah Harari is an Israeli historian and best-selling author, known for his insightful and provocative books on the history of humankind, technology, and the future of society. His works, including "Sapiens," "Homo Deus," and "21 Lessons for the 21st Century," have been translated into over 50 languages and have won numerous awards. Harari's writing combines rigorous scholarship with a broad perspective on human culture and behavior, and he is widely regarded as one of the most influential thinkers of our time. His ideas have resonated with readers and audiences around the world, sparking important discussions and debates about the challenges and opportunities facing humanity in the 21st century.

In this video, The Fuel That Banks Can No Longer Count On, Yuval Noah Harari explores the critical importance of trust in the modern banking system. Drawing on insights from his extensive research on the history of human societies and the evolution of money, Harari examines the deep-seated relationship between trust and economic stability, and the unique challenges facing today's financial institutions in maintaining that trust in an era of rapid technological change and social upheaval.

With his signature wit and insight, Harari delves into the complex interplay between technology, culture, and human psychology that shapes our understanding of trust and its role in economic systems. From the development of early banking systems to the rise of cryptocurrencies, he traces the evolution of trust-based systems and highlights the key factors that contribute to their success or failure.

Whether you're a banker, investor, or simply interested in the future of finance, Harari's talk offers a fascinating and timely perspective on the critical importance of trust in the banking system and the challenges facing us as we navigate an increasingly complex and interconnected world.
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[simpleinvestings]

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Watch a video in which Harari explains why creating money is a miracle:

[manipurihunabopa]

Yuval Noah Harari has an amazing ability to explain everything he touches in plain English. How many of us really possess this skills, huh?

[manipurihunabopa]

I think oxford English dictionary has to redefine the definition of money

[manipurihunabopa]

Money is a fictional story. Redefine money

[many]

This guy tries to explain to you the matrix. Take it seriously because is the matrix stops your life stops as well.

[yoosahbiimi]

Who is this guy...so smart...hahahahaha

[yoosahbiimi]

Even the oxford dictionary...is fictional and imaginary...hahahahaha

[brianmartin]

that was good, but still don't like the dude