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Monday, March 9, 2015
Money as Debt - Your banks create it from your credit
Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature by artist & videographer, Paul Grignon. It explains today's magically perverse DEBT-MONEY SYSTEM in terms that are easy to understand.
"When banks extend loans to their customers, they CREATE money by crediting their customers' accounts." - Sir Mervyn King, Speech to the South Wales Chamber of Commerce at The Millennium Centre, Cardiff on 23rd October 2012
Found here: https://www.youtube.com/watch?v=jqvKjsIxT_8
To see the whole picture of how all this fraud is used today to make the world's elite enormously wealthy while we all just get by or are maybe starving like many people in the world study this website: