New video describes “A flaw in the monetary system”

This is an excellent video–clear, concise and accurate. If you want to understand why we have recurrent financial crises, dire want amidst plenty, and why debts keep growing faster than ability to pay them, this is a great place to start.–t.h.g.

“The new film ‘A Flaw in the Monetary System?’ depicts in 7 ½ minutes consequences of interest and compound interest in the financial world in descriptive graphics. It illustrates the systematic redistribution of money from the majority to the wealthy.”

See it here: https://vimeo.com/71074210

 

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2 responses to “New video describes “A flaw in the monetary system”

  1. Pingback: A FLAW in the Monetary System? |

  2. That video didn’t mention that the bank has no money nor anything to loan and that it’s an illusion it does. If I knew how to make a cartoon, I would show a banker putting ink on some paper. Then show someone going to the banker to get the paper then exchanging the paper to someone for a house. Then the first person builds a house and exchanges it to the second for the paper. Then he brings the paper back to the banker. Then he builds another house and exchanges it to the banker for the paper. Then he gives the paper back to the banker.

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