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Learning Resources

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PaulS's picture

Money as Debt, film

Paul Grignon's 47-minute staggering presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created. It is an entertaining way to get the message out. I recommend it as a painless but hard-hitting educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system, which creates some £100 of debt out of every £1 deposited at a bank.

Particularly pertinent in the current financial meltdown, following some 20-fold increase in the available money supply since the 1970's, when the gold standard was abolished in the US.

Since then they've created money for fun. This is why this crunch is so bad - it's not about the last decade, it's about pretty much everything since the 1970s.

Watch it here: http://video.google.com/videoplay?docid=-9050474362583451279
or you can also download the whole video for later viewing.