Cobden Centre film on how money is loaned into existance
Ex Nihilo: The Truth About Money
Last year, amongst others I contributed to this film by the UK’s Cobden Centre which had its premier in the House of Lords. While it is UK-centric, it has lessons for everyone. If you don’t understand the process by which banks create credit, I urge you to watch it.
This is a brilliant video which I fervently hope has the required impact where it is most needed, in the Bank of England, The Federal Reserve and all political parties on both sides of the pond!
Excellent. Thanks for bringing it to our attention. Now if only I could get my brother to watch it!! That's an even bigger ask than getting Bailey to admit that he is at the helm of our biggest threat and that he has done nothing to fix it. Perhaps he has no idea what his policies are creating 🤔