How MONEY & BANKING Really works - Part 1 (4 of 5)

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Uploaded by on Jan 2, 2010

Part 1 of "money as debt" by Paul Grignon - http://www.moneyasdebt.net

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  • @sjrfy3 this is indeed fascinating to say the least! I is a shame this is not viewed more. I was just noticing that the first video had over 10,000 views.... The last video has less than 700.... says something about the average person.

  • WHY AREN'T MORE PEOPLE WATCHING THESE!!!!! I'm an Engineer and I always wondered why I didnt quite understand Economics..... now I know! There is a lack of logic!!!!!

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  • This is awesome... I now understand why the rich get richer... greed, greed, greed. Thank you so much...Bernie Madoof probably understand this concept.....

  • This is awesome... I now understand why the rich get richer... greed, greed, greed

  • very informative, thanks

  • I think that these videos provide a tremendously clear explanation of the basics behind the banking system. However, when it discussed what money actually is, the explanation becomes somewhat muddled. It still recommends a fiat money system, but would rather that it be "managed" by the gov't. All such currencies have had a poor track record. If money was created organically, and fraud robbed it of its value, wouldn't returning to an organic system make more sense than gov't greenbacks?

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