10 year old Holly explains why there is so much debt!

[marian farrell]

Believe it or not, many economics graduates come out of uni without ever being taught about how money actually come into existence. Even when they are taught something about money creation, it’s a story about the banking system that’s at least 40 years out of date. If the people in charge of the economy don’t understand where money comes from or how it works, we’re in trouble. There's more about what that 'trouble' means for us here. 
 

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We’re trying to get the people in charge to understand why our current money system is broken and how we can fix it. It’s not going to happen overnight, but we think Holly’s explanation of the problems in our money system will help other people - and policy makers - to understand why we need to change it. The faster we get the public, academics, the media and politicians to understand money, the faster we can change the system.

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Hi, this video is amazing – I think you will like it too: it’s a 10 year old explaining the truth about where money comes from: http://bit.ly/14XIAaQ 

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www.positivemoney.org