Money As Debt
Sunday, 03 April 2011 22:00
This film is very pedagogical in showing how money is born by private banks and that all the money is created as debt. That means that the money volume is just sufficient to pay back all the debt but there is no money created for the interest right from the beginning. That means that peoble are forced to take new kredits in order to pay the interest for the old debts. This is the worst kind of Ponzi Scheme because people have no choice to stay outside this criminal system.