http://video.google.com/videoplay?docid=-9050474362583451279&q=money+as+debt very interesting little film showing that our money system needs people in debt and that all money is in fact debt. Also that the present money system isnt sustainable
Good stuff. Long show but a telling account for his argument. He explains it well, I was able to understand most of what he was putting across. After all the foundation of many people's debt is locked in mortgages for 25 years and the pressure they feel to repay it by any means for fear of losing their home/(investment?). Social/council housing? There's an idea. I didn't like the idea for change in that we could build up credits on a bio metric identity card as another means of having money, although he only touched on this as just an option; or could it be the thin end of the wedge?
