What is money and where does it come from? People have been using objects of value for trade since thousands of years, but our current money system works different than it used to be half a century ago. Now banks are more powerful than governments and are able to create more money than there actually exists. The powerful tool they use is “debts“. Our money systems nowadays is based completely on depts. Even the government has to ask for a loan from the banks! This documentary shows how money is created and who profits form this money system. With the knowledge from this free documentary it will also be easier to understand how the currend financial crisis could happen.
Tuesday, June 15, 2010
Money As Debt
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Documentary
What is money and where does it come from? People have been using objects of value for trade since thousands of years, but our current money system works different than it used to be half a century ago. Now banks are more powerful than governments and are able to create more money than there actually exists. The powerful tool they use is “debts“. Our money systems nowadays is based completely on depts. Even the government has to ask for a loan from the banks! This documentary shows how money is created and who profits form this money system. With the knowledge from this free documentary it will also be easier to understand how the currend financial crisis could happen.
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