domingo, 30 de janeiro de 2011

Who Creates Money? (Hint: Banks, as debt, via Fractional Reserve Banking)


PositiveMoneyUK

http://www.positivemoney.org.uk/whats...
 
Contrary to common belief, most money now is created by commercial, high-street banks when they make loans,
and not by the government or the Bank of England. This video explains why.