Contrary to what most assumedbanks didn't loan out money they actually had,they instead...
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Contrary to what most assumed
banks didn't loan out money they actually had,
they instead created new money in the form of credit
backed by debt
banks didn't loan out money they actually had,
they instead created new money in the form of credit
backed by debt
Full Transcript
00:00:01.000 --> 00:00:03.636
Contrary to what most assumed
banks didn't loan out money
00:00:03.067 --> 00:00:06.094
they actually had,
they instead created new money
00:00:06.973 --> 00:00:10.143
in the form of credit
backed by debt.
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Movie Summary
In a quest for a new, more humane society, a counter-culture revolution takes the world by storm. In the first of the InterReflections Trilogy, we look back to the modern world and wonder how it was we managed to survive as long as w
