Money is powerful. But few of us really understand the big picture and how it affects our professional lives.

Today our money is actually debt. It used to be that money was a token for how much the banks and governments actually had in their possession. In the past, currency like coins or bills or shells or stones, was backed by stored assets. Ain’t so anymore and that has a lot to do with the financial mess we’re all encountering every day.

Here’s a great video that explains how the money created today is different than what it used to be – a fascinating full story (about 45 min), with great animation, that helped me understand the system in a whole new way.

Watch video here.