Money and Debt
Posted by firefightress on Apr 28, 2008 · Member since Mar 2008 · 159 posts
I found these two links to be very interesting and helpful in understanding money/debt/loans/banks/etc. :)
Short little cartoon:
http://www.prolognet.qc.ca/clyde/money.htm
Fantastic animated video "Money As Debt"
http://video.google.com/videoplay?docid=-9050474362583451279 - "Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective terms what money is and how it is being created. It is an entertaining, painless, but hard-hitting educational tool."
Can learn more at: http://www.monetary.org/index.html
blerg...I got 6 minutes into the 47 minute video and it stopped :( and now I can't get it too play at all no matter how many times I reload it--thanks for posting this though--from what i saw it was very interesting!
As an economist, I find some of those 'points' highly debatable, but interesting nonetheless.
Md, I'd love to hear your thoughts on it. Did you visit the site at the bottom (monetary.org)? I'd love to hear what you think about their ideas, too.
:)