Part - 3 / Part - 4 / Part - 5 This presentation explores how money is created and issued. Money used to be backed by gold and silver but today's money is backed by debt, your promise to pay back a loan and the government's promise to back up the currency.
Money
as Debt is a short animated documentary film by Canadian artist and
film maker Paul Grignon about the monetary systems practiced through
modern banking. The film presents Grignon's view of the process of
money creation by banks and its historical background, and warns of
his belief in its subsequent unsustainability.
