This animated film explain how fractional banking works , the history of banking and how its making the vast majority of us poorer for the sake of a privileged elite. Its very well explained and if you have ever asked yourself the following questions this is where you will find the answers
What is money?
Where does the debt go?
Who do we owe it to?
Where do governments get money from?
http://www.youtube.com/watch?v=Dc3sKwwAaCU
After watching this and you want to find out more you should really watch Bill Still’s excellent documentary The Money Masters Its pretty long but very enlightening and offers some very interesting conclusions to solve the present debt crisis the world is in. If after watching that you still haven’t had enough of banking then he’s also made a further film called The Secret of Oz which is also very worthwhile viewing although some will be repetition in particular the history lesson.
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[…] 1.Money as Debt – an animated film thats reasonably short but really explains how money and banking works and screws up the world. […]