Uploaded on Oct 13, 2011
What are the problems with our current money system? Part 1 of Money as Debt III – Evolution Beyond Money, takes a critical look at the fundamentals of today’s money system, conceptually and in terms of its design arithmetic.
chapters The Challenge; Interest, Stock & Flow; Money Lent Twice.
Part 1 is a review, and an expansion upon, information provided in Money as Debt, and Money as Debt II – Promises Unleashed. It is advantageous to have seen the first two movies of the Trilogy because it is quite unfamiliar material for most people.
Hank 5 Years from the Brink
Published on Sep 17, 2013
Hank: 5 Years from the Brink (2013)
COMER — Committee on Monetary and Economic Reform EST. 1986
Whether you know a little – or a lot – about economics, our website is for everyone. An understanding of economics (not outer space!) is the “final frontier.” The realization of a workable and equitable national, global economic theory may well determine how we are to live from here on in, in a reasonable fashion, on Planet Earth.
COMER is an international publishing and education resource based in Toronto, Canada, and is comprised of people who are concerned about the destabilizing effects current economic and monetary policies have had, and are having, on the citizens of Canada and other countries.
COMER argues for prices in a mixed economy (economic reform), and advocates for changes in monetary policy (monetary reform) through revisions in the Bank of Canada Act.
The Journal of the Committee on Monetary and Economic Reform was launched as COMER Comments in 1988. Its purpose was to study the strange turn that monetary policy was taking under the aggressive leadership of the world’s central banks and, in particular, the 1991 proclamation of John Crow, then Governor of the Bank of Canada, who declared “zero inflation” to be the primary concern of the central bank.
In Canada, we have all the manpower, natural resources and know-how we need – at our fingertips – to create a better world. Canadians could live in a safe, quality-based environment, secure in the trust that social programs, set within the context of Canadian resources and jobs, would be secure for them, their children, and generations to come.
Standing steadfastly in the way of The Dream of Canada are well-organized, well-presented rationalizations that champion marketplace greed and foster political doubt as to what the best policies might be.
The Committee on Monetary and Economic Reform advocates for necessary changes in monetary policy, and for economic reform. We argue that a fair, equitable economic theory is well within our grasp, a theory within which monetary policy may be constructively brought into being for the benefit of all Canadians.
MONEY AS DEBT
Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature by artist & videographer, Paul Grignon. It explains today’s magically perverse DEBT-MONEY SYSTEM in terms that are easy to understand.
For evidence of this in the UK please visit the Bank of England website, who also in a “brief history of banknotes”, explain this.
As quoted from this history:
“Britain finally left the gold standard in 1931 and the note issue became entirely fiduciary, that is wholly backed by securities instead of gold.”.
Question is, WHAT securities?