All money is loaned from banks, and all (except the 5% that is cash) is deposited into banks.
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Phil BurrellThis 47-minute animated video explains in simple terms some basic questions about money, banking and the economy.
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Ed FraserEducational information about the fractional money creation. Money supply equals outstanding dept obligations. Declares this system unsustainable, both to the physical environment and to the economy at large. Presents an alternative future, which uses gov
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20 Feb 09
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Sol HannaPaul 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 is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States
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Fhar MiessPaul 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.
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28 Nov 08
Martin Ferro-ThomsenPaul 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 is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan
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Dan Dascalescu47-minute documentary about the history of money, gold backing, the fractionary reserve system, interest, inflation, government borrowing from banks, fiat and loan money, and the unsustainability of the current system. Ends with somewhat credible indicati
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Jamie KirkpatrickFantastic video showing the obserdity of the current world financial order. A real eye opener.
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Blue GenePaul 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 is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan
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Adam Crowe"Only the small secrets need to be protected. The big ones are kept secret by public incredulity." - Marshall McLuhan -- http://en.wikipedia.org/wiki/Fractional_reserve
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Tarmo ToikkanenGood tutorial on the current financial system and its imminent problems, and what should be done about it.
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An ever-increasing portion of taxes and all transactions are needed to cover the interest on the ever-increasing sum of outstanding loans.
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As banks charge a higher interest on loans than they pay for deposits, to pay for the interest difference, more loans needs to be drawn from banks constantly.
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Fractional reserve system (ratio 9:1) allows private banks to create new money in the form of new loans, up to about 100 times the value of the bank's own deposit to the central bank.
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All money is debt - if all debt were paid off, there would be no money. Money is not based on value.
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27 Aug 08
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27 Jul 08
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15 Jul 08
Arne Løining"Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. The Cowichan Citizens Coalition and its "Duncan Initiative" received high praise from those who previewed it. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system in Canada and the United States
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Brent SordylPaul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it ... all » is being created. It is an entertaining way to get the message out
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Total KaosPaul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it ... all » is being created.
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