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.


Mark Thiessen said...

My brother Walt offers similar but different analyses and conclusions: and His novel, The Money Suckers, is an enjoyable read.

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?

eolake said...

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