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tyres

The Flaw In The Monetary System

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More and more financial experts are admitting that there is a flaw in our monetary system and that it will continue to cause financial crashes.

Do flaws in our monetary system consistently cause financial crises?
So far, critical questions concerning our monetary system and the financial crisis have been underexposed.
The new film ‘A Flaw in the Monetary System?’ depicts in 7 ½ minutes consequences of interest and compound interest in the financial world in descriptive graphics. It illustrates the systematic redistribution of money from the majority to the wealthy. Watch the video below:

https://www.youtube.com/watch?v=BMwcXmtvQAM

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That's a pretty dumb video. They don't identify a flaw in the monetary system - though they do highlight an inequity arising from the disproportionate taxation of earned over unearned income. This has nothing to do with compound interest - and the idea that the notional size of markets should be compared with GDP is so wrong headed I don't know where to start to criticize.

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