TED Conversations

Gregory Pipkins

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Creating a simplified (as possible) understanding of the global banking system and the way economics work.

I'd love to hear a TED talk that explains the financial system in a way that is clear, concise and can be taught to a 6th grader. Maybe I'm reaching, but I don't mind :)

I think so many of my own struggles with finance stem from a lack of understanding the principles that found the system of monetary exchange the world operates on.

Informed people make better decisions. That's my theory. So, the idea I'm proposing is to seek out the person or team of individuals who could present the scenario of our economic system in a fun, simple, and relevant way using examples that we can all understand and relate to down to a Jr. High level, and then, to give us advice on ways we can fundamentally change our and our communities' economic health for the better, for the long run.

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  • Mar 9 2013: Beware of simple explanations.

    People continually complicate things with the simple purpose of keeping themselves in a high paying job. I have found this true of every profession I have had close contact with, including bankers, medical care, information technology and,of course, lawyers. Just when you think you have figured out what one of these groups is doing, they change the game. Good luck with your quest, but I doubt you will find any simple explanations that continue to be adequate over a long period of time. There are good reasons why many subjects are not taught in high school, and this is just one of them.
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      Mar 9 2013: I agree.

      Your response has helped me get clarity and more focus on what I'm looking for: a fundamental explanation of HOW and WHY the system of money is so confusing. Explained in a way that will get people to ask their own questions. One of my more specific questions is directly related to your last point: Why isn't economics and the money system taught in our schools? I'd love to have a former high level official at the WB or IMF or even Dept. of Economics give an ex-pat explanation for the ages.

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