Money as Debt $

I thought this video was an extremely creative way to simplify the banking system and teach people about the problems we are now having with this system. Before watching the video I had some knowledge about the bank system and how money was created but always found it confusing. The video broke it down in simple terms and used images to reinforce the key points. I also found the quotes interesting because it showed that people have known about this issue for years. It is not as if someone just realized the problems we were going to come into if we continued using this system. The speakers of these quotes were also not everyday people, they were important people with positions in the banking world or the government, even former presidents of the United States.
This video taught me that our system is actually based on money that is not actually in existence and consequently increasing the debt in our country. It is scary to think that this has been going on for so long and I have never been taught about this in school. Like the video mentioned, this is a topic that is not frequently talked about even though it is of huge importance. One of the most important things that I got out of this video is that this system is unsustainable and is eventually going to cause tremendous problems; more so then it already has. The graphics used in the video were a great addition to make this problem so easy to understand. In the end, different alternatives were spoken about, such as using gold again or even silver. If we were to switch the system I think it will be one of the most difficult tasks ever brought forward and would require ridiculous backing. I think that this is the case with anything though and once people are used to doing something, it is very hard to change. Overall, I got a lot out of this video and it was very effective between the images used and the quotes, it was a strong presentation.