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Alex

Joined: May 17, 2010
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Age: 35
Country: Austria
Province/State: Wien
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WARS: A logical consequence of our current monetary system
May 17, 2010 - 08:58 AM

There is something very wrong within our present monetary system but nearly nobody questions its errors, specially economists.

Our current monetary system:

Abets wars
Redistributes from bottom to top
Leverages out democracy
Leads to economic crises
Is a very important instrument of exploitation of Third World

Bernd Senf, an unorthodox Professor of Economics explains our monetary system and its errors in a way, everybody can understand. Unfortunately he is a bit verbose and this interview takes 2 hours and it is in German with English subtitles, but it’s really worth watching:

http://www.youtube.com/watch?v=u8p0zwraodU

http://www.webinformation.at/material/debtmoney.pdf

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