An interesting documentary (eye opening actually) about 'what is money' and 'how money is created'.
I was always under the assumption that the reserve bank fires up its printing press and prints out money.. I also always believed that when banks give loans they borrow someones savings to pay for the loan.. Goes to show how little I know!
Watch the documentary:
http://topdocumentaryfilms.com/money-as-debt/
http://topdocumentaryfilms.com/money-as-debt-promises-unleashed/
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