bank lending

bank lending

Do you know where money comes from?

1w ago
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http://www.positivemoney.org/ We went to ask young people a few questions about money. Our broken money money system hits young people the hardest. High house prices, pushed up by bank lending, leave first time buyers struggling to on the property ladder. Students are leaving higher education under ever increasing mountains of debt. Unemployment across europe, shot up after the financial crisis, remains highest among young people. The money system lies at the heart of all of these problems - and yet most people have no idea how money is created and the impact this has on society. So, we went to ask young people a series of questions: How dependent are you on money? How likely are you to get into debt in the future? Does money equal power? And - where does money come from? -------------------------- SUBSCRIBE to Positive Money UK's videos: http://www.youtube.com/subscription_center?add_user=PositiveMoneyUK Like us on Facebook http://www.facebook.com/PositiveMoney Follow us on Twitter http://www.twitter.com/PositiveMoneyUK Follow us on Google+ http://www.positivemoney.org.uk/googleplus Positive Money is a not-for-profit research and campaign group. They work to raise awareness of the connections between our current monetary and banking system and the serious social, economic and ecological problems that face the UK and the world today. In particular they focus on the role of banks in creating the nation's money supply through the accounting process they use when they make loans - an aspect of banking which is poorly understood. Positive Money believe these fundamental flaws are at the root of - or a major contributor to - problems of poverty, excessive debt, growing inequality and environmental degradation. For more information, please visit: http://www.positivemoney.org/ Video by http://creativeopportunities.co.uk