Money As Debt - Interesting video that helps explain the current banking crisis

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Money as Debt

Worth the time to watch


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 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

COINB0Y

Great Link!

57loaded

thanks Tim!

also enjoy the subtle humor @ 6:23 in

NumbersUsacom

Enjoyed,

Thanks

morgansforever

Excellent video, but I'm sure must of us are aware that every dollar printed represents mounting debt.

Some believe that money is backed by gold, it's backed by debt.

I read somewhere that if the gold in FT Knox were distributed to all Americans, you would receive less than 1 ounce.

When I use FRN'S in dailly transactions, I ask the cashier if they accept debt, they look at me like I'm nuts.

Scott

NumbersUsacom

I viewed this about a year ago. Interesting how this fiat currency began and how our federal reserve system works.

See the original post at top, for link to video.

konsole

watch the whole ~20 video series by Chris Martenson on youtube called "Crash Course"

It's also available on DVD