Money as Debt Episode 2 is now here as promised. I got some great feedback on the last one and thought I would share some of it with you…

The money as debt is a good easy to understand way to explain monetary policy. Bit more interesting than some of my textbooks; though hardly comprehensive and seems to give it such a negative slant. Cam

The slant may be negative… But is it true and what’s the positive side? I would love to hear your thoughts.

In this video you will find out…

1. How the bank can take $1111.12 and conjure up around $100,000.00 to charge you and I interest on.
2. What the Fractional Reserve Requirement is.
3. Do the banks really use deposited money as loan money like people think?
4. How banks lend money they do not have.

Here’s Money as Debt Episode 2

Stay tuned for episode 3 of Money as Debt next Monday.