Most of us use cash each day, however only a few of us perceive the way it’s created. Do you know that 97% of the cash in our financial system isn’t created by the federal government, however by personal banks after they concern loans?
In “The System of Cash” (97% Owned), director Michael Oswald presents verifiable proof on the inside workings of Central Banks and the cash creation course of from a singular UK perspective. That includes consultants from Optimistic Cash and the New Economics Basis, this movie tackles the questions we regularly overlook:
Who creates our cash?
Who decides the way it will get used?
What occurs to strange individuals when the monetary system breaks down?
If cash drives virtually all exercise on the planet, it’s important that we perceive the “97%” that exists solely as digital debt.
👉 Watch this deep dive into the constructing blocks of our financial system:
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