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The Banking System

I recently watched the following movie "Money as Debt" which talks about the entire Banking system and helped me to understand why we're in the current situation we are in.

http://video.google.com/videoplay?docid=-9050474362583451279

"Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. "

It's really quite scarey :eek: . I would welcome others thoughts on this!

Kind regards

Richard

Comments

  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Thanks for posting this. It's brilliantly simple and explains the whole 'house of cards' that is banking Very entertaining and when Gordon Brown took over as PM last year I thought: "This is should be shown to every member the cabinet in private screenings" as evidence that all is not as we are being told and to make them stop and think about where to go next (Of course, they didn't really need the tutorial as the !!!!!! hit the fan within months - 8 August 2007 - to be exact)
    .....under construction.... COVID is a [discontinued] scam
  • dumby1
    dumby1 Posts: 51 Forumite
    I was just about t0 make a post asking if the whole monetary system was just a huge Pyramid Scheme. Maybe this will answer my question.
  • Reaper
    Reaper Posts: 7,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Very interesting though I found his suggested alternative monetary system unrealistic, and the hints of a global conspiracy not credible. Apart from that well worth watching.
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