I've recently watched the video below, "Money as Dept". Although not new information for me, it has a surprisingly accesible way of describing the modern fractional reserve banking system, and it's inherent problems. This is one of the few videos on the topic that is able to describe it objectively, without resorting too much to terms like "fraud" and "guilt". I wonder how the public reaction to the current economic recession would be, if people all had the information in this video :-)
Sunday, February 22, 2009
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