Money As Debt

One thing that has always eluded me was what money is, how
it is generated, and the deep intricacies of how it functions. Whenever I saw the printing presses at the treasury generating large amounts of bills on television, I always wondered where it came from. Based on the law of conservation of energy: energy is neither created nor destroyed; however, money seemed like it didn't follow this law. Money seemed to be created out of nothing.

I was surfing through youtube.com one day and typed in the word "money" in the search field and I came across a documentary called "Money as Debt" that completely broke down the monetary and banking system down. It starts with the history of the banking system, the creation of interest rates, the introduction of fractional lending, and the concept of the creation of the money supply through the use of debt. This documentary also proposes an alternative approach to the money supply.

We are sometimes so immersed in systems be it social, environmental, economic and political that we forget to step back and think critically about them. This documentary reveals some surprising concepts about our monetary system and provides the viewer with an opportunity to question the current system.

If you want a better understanding of one of the major influences of society, money, and discover answers and questions about it click here or the picture above.