Just like the video says. It is not real money, it is a promise to pay.
And sure you can have access to your money at any time, the video doesn’t dispute that either. If you watch it you will see that it tells us that the bank borrows our invested money for at long as we keep it there and pays us a small amount of interest.
So far you haven’t told me anything that the video has already told me
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Well the way I see it is, If it looks like a Duck; if it walks like a Duck; then it must be a ____.
However if you can give us …
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While this is more of an educational than a political video I believe it is very relevant as is gives a simplistic view of how the worlds monetary system works …
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Found this video on YouTube today and couldn’t resist posting it
http://www.youtube.com/watch?v=D-luMt7EoM8 …
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And another
http://www.youtube.com/watch?v=bM2Ql3wOGcU …
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And heres another the EU don’t want you to see
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