Money As Debt (1 of 5)
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Uploaded by DebbDideum on Jan 20, 2009
Producers Comments on the Movie, Money as Debt
Born in Toronto, Canada in 1948, I first became suspicious of our money system when I was in high school in Ottawa. We were studying logarithmic functions such as interest and it struck me that a money system in which money accrues interest at every turn could only function with exponential growth of the money supply. Something did not make sense to me. I wasnt sure what it was but I had a strong feeling that banking was a scam designed to benefit bankers at the expense of everyone else. I vowed never to get into debt to bankers.
As fortune would have it I got to (mostly) fulfill that vow. As a hitchhiking, backpacking young adult I was led to Gabriola, a forested coastal island off British Columbia, Canada where the building code was not yet in effect. My partner and I were able to take up residence in a tent, then a shack and as the years went by, and our four children arrived, our primitive shelter without water or power gradually evolved into a modest but comfortable owner-built paid-for home. This was achieved on a sporadic income that would never have been sufficient to buy a home had we gone the conventional mortgage route.
see all of it here:
http://paulgrignon.netfirms.com/MoneyasDebt/index2.htm
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love the beginning ...about the things that dominate our life- love & money. SO TRUE!
san4iu 1 year ago
@LuxAuterna lady gaga rules. ;P (200 mil views)
Totiloz 1 year ago
This video is awesome luxauterna is right. cant believe that it only has 200hits .This shows that today the money we have is made from thin air and backed by nothing . It just proves that life and our world is just a imagination
hanvo216 2 years ago