How Money is Generated

Tuesday, October 19, 2010 | Labels: | |

Ever wondered where all this money comes from? Who generates money? Why is the money always increasing? Here is an excellent video which shows you exactly how the money system works. It shows how the money is created and who reaps its profit. It shows how the banking system works and why the governments are always in debt.
"Money used to be backed by Gold and Silver but today's money is backed by debt - your promise to pay back a loan and the government's promise to back up the currency".

This is a nice presentation answering most your questions you ever had about how the money works.

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