Dec 30, 2022
What is a run on the bank? Why it can happen in a fractional reserve banking system? What’s the best thing to do when there’s a bank run? When was the first bank run? Can we prevent bank runs?
... we explain like I'm five
Thank you to the r/explainlikeimfive community and in particular the following users whose...
Dec 23, 2022
Why do people in the UK typically say Happy Christmas while in America it is most commonly Merry Christmas? What made red and green Christmas colors? Is it true that Coca-Cola popularized the modern look of Santa Claus? Why do most of our "traditional" Christmas songs, images and TV/movies come from the 1940s to...
Dec 16, 2022
Why do people in the UK typically say Happy Christmas while in America it is most commonly Merry Christmas? What made red and green Christmas colors? Is it true that Coca-Cola popularized the modern look of Santa Claus? Why do most of our "traditional" Christmas songs, images and TV/movies come from the 1940s to...
Dec 9, 2022
What is the difference between swiping my bank card as a credit vs. a debit? Why do you need to use credit to get rewards points? What role does Visa and Mastercard play in the process?
... we explain like I'm five
Thank you to the r/explainlikeimfive community and in particular the following users whose questions and...
Dec 2, 2022
What causes turbulence? How do airplane pilots sometimes know when they about to hit turbulence? Why have heat waves caused airlines to ‘bump’ passengers? How did Van Gough depict turbulence before physicists had even discovered it?
... we explain like I'm five
Thank you to the r/explainlikeimfive community whose...