97% Owned

Simple facts described in a plain and simple manner : the building stone of economy is how money is created. And, most importantly, debt is explained : that there is no economy w/out debt. Debt is core. It's all about the control of debt, and who "owns" debts.

As is, debt is as important a concept, as creation of money is. And this is not at all about some 3% of coin & paper money in the system, it's essentially about some 97++% of 'virtual' money being send back and fro. And about a specific type of money that only exsists and can be used with, for instance, the Bank of England -- and nowhere else.

A complicated system which evolved from simple facts when law decided to forbid private banks to issue their own paper & coin money in the 19th century.

But then somehow, and it's not a mystery, private banks still keep on issuing money (tho not their own paper & coin notes)

and that is, in essence, what this doumentary is about : the how, when and why.

A must watch, to be honest and a 10-star docu if only the female narrator's voice would not have been mixed in in such a shallow manner (often too hard too grasp; a pity) : it deserves a clear firm straight sound given that the documentary itself is profoundly clear.