Monday, August 23, 2010

Money As Debt

Anna found this very interesting movie which explains in simple language how it came to be that banks can create money out of thin air, to their own enrichment, and to the danger of depositors and of society as a whole, as Iceland and Greece are only some of the latest countries to have shoved in their face.

posted by Eolake Stobblehouse @ Monday, August 23, 2010   3 comments links to this post

3 Comments:

At 24 Aug 2010, 01:24:00, Anonymous Mark Thiessen said...

My brother Walt offers similar but different analyses and conclusions: http://themoneysuckers.com/ and http://www.nolanchart.com/author1.html. His novel, The Money Suckers, is an enjoyable read.

 
At 26 Aug 2010, 20:48:00, Blogger ricardorosa said...

oh man! When I first watched this all I could think was "and people don't believe about conspiracy". Well, what do they call this, then?

 
At 26 Aug 2010, 20:50:00, Blogger eolake said...

I guess when it's at this level and size, it's too big to be called that.

 

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