Transition Towns: Money is Debt

(Videographer Paul Grignon)

Debt – government, corporate, and household - has reached astronomical proportions. Where does all this money come from? How could there be that much money to lend? The answer is there isn’t. Today money is debt. If there were no debt there would be no money. If this is puzzling to you, you are not alone. Very few people understand even tough all of us affected. This fast paced and highly entertaining animated feature by the artist and videographer explains today’s magically perverse Debt-Money system in terms that are easy to understand. Two Transition Town Films will be screened on this date, please check local press for further details.