How Money is Made / Created: Ben Dyson Explains the Debt Crisis
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Uploaded by PositiveMoneyUK on Jan 10, 2012
http://www.positivemoney.org.uk
Ben Dyson gives clear answers to 3 Key Questions: Who creates money? How much money do they create? What do they do with the money they create?
He shares some very interesting and profoundly important facts and shows how far the reality of banking is away from the text-book model of banking and which major implications the current system has on our lives.
How do banks create money out of nothing? How do they create money as debt? Has money been privatised?
We recommend it as an educational tool and encourage the widest distribution and use by all groups concerned with the present unsustainable monetary system.
Presented at the Positive Money Conference in London.
This is a 20 minute extract from a longer talk; you can watch the full 52 min version here: http://bit.ly/AE14sO
- 160 likes, 1 dislikes
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Uploader Comments (PositiveMoneyUK)
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All Comments (23)
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hi , iv'e heard that the bank of england is nationalised, however it still has private shareholders .how is this possible ?
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Hi guys, interesting. He says only 3% is in the economy. Is he talking globally or just the UK?
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Good lecture, clealy laid out. Though I don't think Ben went far enough. It's not an accident, like themoney system just happened to turn out that way. It's so obviously a scam by design.
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great stuff ben, best explanation yet!
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@queueupIadeez It's more than Nepotism,It's corruption - the banks golden handshake for protecting their interests over the interests of the people they are supposed to serve !
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@MrSpankwangle Nepotism, no doubt, but that doesn't change the fact that as bad as the banks are the current government's incompetence is even more terrifying.
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why do you think so many mp's , especially former chancellors end up working for the banks when they retire.
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Thanks
abeldanger(dot)net
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Ok, so the banks control most of the spending but do you really trust the government to do a better job? I'd pick the banks as the lesser of two evils.
queueupIadeez 3 weeks ago
@queueupIadeez True, we can't trust government either. Watch "All About the Money Part 2 - Solutions"
PositiveMoneyUK 3 weeks ago