Money as Debt

Submitted by Bill St. Clair on Mon, 31 Dec 2007 09:28:07 GMT  <== Politics ==> 

Paul Grignon at Google Video - a 47-minute animated film about fractional reserve banking. Good exposition of the reality that banks create money, out of nothing, as loans, but lousy ideas for reform, which is obvious when you note that the video was posted by I heard about this a while back, but hadn't watched it until now. sells the film on DVD for $27 Canadian.

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