Money as Debt 3: Evolution Beyond Money. Robert Shiller on How Human Psychology Drives the Economy. Watch 97% Owned Documentary Online Free. 97% owned is a documentary which presents serious research & verifiable evidence on our economic and financial system.
This is the first documentary to tackle this issue from a UK-perspective and explains the inner workings of Central Banks and the Money creation process. When money drives almost all of the planets activities, it is essential that we fully understand it. Yet simple questions often get overlooked, questions like; where does money come from? Watch A Competent Democracy Documentary Online Free. Watch I Want The Earth (plus 5%) Documentary Online Free. The sole purpose of this story is to explain the simple maths of reality and the current Banking System – that is – 100 plus NOTHING does NOT equal 105 – and that charging interest on something that is created out of nothing, makes it impossible to repay, giving great power to those who do create money out of nothing – ie the Banks.
This story was written by Larry Hannigan in 1971 and uses a fictional character (Fabian) in the narrative. Money is NOT a commodity, it is a system of debit-credit bookkeeping – nothing more. Banks create credit. It is a mistake to suppose that bank credit is created to any extent by the payment of money into the banks. Desiderata (Text-only version) 14.01SC Principles of Microeconomics, Fall 2011.