Paul Grignon: Money as Debt (TWO of TWO)

An independent movie on the question “Where does money come from?” became the most successful film on banking on the internet and was praised by notables like Catherine Austin Fitts, David Korten, Hazel Henderson, and Tom Greco.

This update of TUC Radio’s 2009 Film on Radio version opens up concepts for groundbreaking bank reform and explains three astounding quotes by American presidents:

“All of the perplexities, confusion, and distress in America arises, not from the defects of the Constitution or Confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.”

John Adams, Founding Father of the American Constitution

“Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

James A. Garfield, assassinated president of the United States

“The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity.”

Abraham Lincoln, assassinated president of the United States

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