Cinema at the Museum - 97% Owned, Michael Oswald
Cinema
97% Owned, Michael Oswald (documentary, 2012) (130 min.)
December 1, at 3:30 pm
Why is it that the credit creation process is a mystery, when credit is worth 97% of the money circulating in the world?
Whoever creates the money has total influence over society. However, we know very little about who is responsible for originating it, and how.
Working with think tanks, academics, pressure groups and public records from the Bank of England, the film shows various types of currencies and different forms of money.
The film's title was taken from the discovery that commercial banks create 97% of the money in existence when they grant loans. To what end and how much is created determines the size of the banking sector, the countries' economic growth and the well-being of our societies. The film explains the relationship between money creation, growth and inflation.
Cinema at the Museum
Documentary Series
In collaboration with Zero em Comportamento
Onsite
Onsite
ACCESS
Free admission
DURATION
130 minutes
TARGET-AUDIENCE
+14 years old
PARTICIPATION
Advance booking required
More information to info@museudodinheiro.pt or +351 213 213 240
97% Owned, Michael Oswald (documentary, 2012) (130 min.)
December 1, at 3:30 pm
Why is it that the credit creation process is a mystery, when credit is worth 97% of the money circulating in the world?
Whoever creates the money has total influence over society. However, we know very little about who is responsible for originating it, and how.
Working with think tanks, academics, pressure groups and public records from the Bank of England, the film shows various types of currencies and different forms of money.
The film's title was taken from the discovery that commercial banks create 97% of the money in existence when they grant loans. To what end and how much is created determines the size of the banking sector, the countries' economic growth and the well-being of our societies. The film explains the relationship between money creation, growth and inflation.
Cinema at the Museum
Documentary Series
In collaboration with Zero em Comportamento
Onsite
ACCESS
Free admission
DURATION
130 minutes
TARGET-AUDIENCE
+14 years old
PARTICIPATION
Advance booking required
More information to info@museudodinheiro.pt or +351 213 213 240