EPISODE · Jul 5, 2025 · 10 MIN

What is a Bank?

from Money Lessons with Andrew Temte, PhD, CFA · host Andrew Temte

In this episode of Saturday Morning Muse, Andy Temte explores the evolution of currency from promissory notes to modern fiat money, emphasizing the role of trust in the value of currency. He introduces the concept of banking, its characteristics, and importance in the economy. Andy also touches on the Great Recession, highlighting the consequences of poor risk management in banking.

Episode metadata supplied by the publisher feed · Published Jul 5, 2025

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What is a Bank?

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This episode was published on July 5, 2025.

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