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We need to get control over money: over who gets to create it, and how it is used

Publié par Eco-Tunisie sur 29 Octobre 2011, 08:40am

Catégories : #Banques

When the chief economics editor at the Financial Times writes that the essence of the contemporary monetary system is:

"the creation of money, out of nothing, by private banks..."

then it might be time to pay more attention to where your money comes from.

This talk, delivered by Ben Dyson of Positive Money, explains why almost everyone is in debt, why the financial crisis continues, and how the current banking system (which the Governor of the Bank of England described as the worst possible) is at the root of most of the social and economic problems that we face today. 

Discover the few simple changes to banking that would reduce debt, poverty and economic instability and that would ensure that the reckless behaviour of banks could never threaten the global economy again. 

Join the campaign for real reforms to banking at
http://www.positivemoney.org.uk

 

The following 20 minute video explains the 3 simple changes we need to make to fix our broken banking system.

Discover the few simple changes to banking that would reduce debt, poverty and economic instability and that would ensure that the reckless behaviour of banks could never threaten the global economy again. 

 

 

But, how money is created by commercial banks via fractional reserve banking, and why all money in your bank account is created by banks as debt.


 

 

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