For those who wonder where money comes from, how money is created or how money and today’s banking system were born, this documentary offers a very simple explanation. It explains how the first bank came about, where interest comes from and why, and above all it leads to the clear conclusion that our current banking system has no solid footing.
At the end of the documentary you’ll find out what would happen if everyone paid what they owe and took on no new debt: money would have no value at all.
Money as debt
1. Many people think money is created by the mint, when in reality it is created by a private system called the bank
Watch: part 1 on YouTube
2. The proportion of money that is created
Watch: part 2 on YouTube
3. Banks don’t lend money; they simply create it out of debt
Watch: part 3 on YouTube
4. Usury
Watch: part 4 on YouTube
5. Our system has the whole planet chained to a debt that can never be repaid
Watch: part 5 on YouTube
Featured image: Quinten Metsys, Public domain, via Wikimedia Commons.
