Excellent video explaining the reality behind bank lending and money. This is what they didn’t tell you at school or college, or in the media, or, err, at the bank…
How Money is Made / Created: Ben Dyson Explains the Debt Crisis
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.
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