“Money as Debt” is a 47-minute entertaining video about money – the story tells us in very simple and effective terms what money is and how it is created.
If you want to understand basic money mechanics and why the U.S. monetary system is unsustainable, watch this video.
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I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you.
Tim Ramsey
I took the time to watch this video and came away a bit confused, but certainly not surprised. Definitely worth the watch… even more than once… and I’ve sent it on to friends as well. Does make me very ahppy that I cut up all credit cards in 1986 and have not had one since then, but certainly worried about the future our the economy as it pertains to my children and grandchildren and their children…. Yikes!
Thanks for reading RowdyKittens!
Debby – Money as Debt is a great video and worth watching a few times. I had flashbacks to my Econ BA degree and how confused I was during most of my classes.
P.S. – I think L. and I are going to sell the car. We can always buy another one if we can beat our oil addition.