Thursday, 28 December 2023

The System of Money Creation

This film presents serious research and verifiable evidence on our economic and financial system.

Storyline: 97% owned present serious research and 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 activity on the planet, it's essential that we understand it. Yet simple questions often get overlooked, questions like; where does money come from? Who creates it? Who decides how it gets used? And what does this mean for the millions of ordinary people who suffer when the monetary, and financial system, breaks down?

Produced by Queue politely and featuring Ben Dyson of Positive Money, Josh Ryan-Collins of The New Economics Foundation, Ann Pettifor, the "HBOS Whistleblower" Paul Moore, Simon Dixon of Bank to the Future and Nick Dearden from the Jubliee Debt Campaign.



Reviews:

"Simple facts described in a plain and simple manner : the building stone of economy is how money is created. And, most importantly, debt is explained : that there is no economy w/out debt. Debt is core. It's all about the control of debt, and who "owns" debts. As is, debt is as important a concept, as creation of money is. And this is not at all about some 3% of coin & paper money in the system, it's essentially about some 97++% of 'virtual' money being send back and from. And about a specific type of money that only exists and can be used with, for instance, the Bank of England -- and nowhere else. A complicated system which evolved from simple facts when law decided to forbid private banks to issue their own paper & coin money in the 19th century. But then somehow, and it's not a mystery, private banks still keep on issuing money (though not their own paper & coin notes) and that is, in essence, what this documentary is about : the how, when and why. A must watch, to be honest and a 10-star docu if only the female narrator's voice would not have been mixed in in such a shallow manner (often too hard too grasp; a pity) : it deserves a clear firm straight sound given that the documentary itself is profoundly clear." -Written by artists on IMDb.com

An update from 2020: against the background of the Covid pandemic crippling the economy and governments worldwide running high deficits to curb the breakdown.

ColdFusion is an Australian based online media company independently run by Dagogo Altraide since 2009.

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