In this case, this chap is pointing out that most journalists don't understand where money comes from: which means they don't know how, why, and by who it is introduced into circulation.
I broadly concur with the speaker in that is introduced predominately as debt by the private banking sector (largely thanks to Central Bank support) in order to cement debt relations which support a parasitic class.

A postcard-size answer? ;)

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Thanks. This debt-based money is what i'm trying to understand. Tried to read about it on Wikipedia, but i can't follow. Maybe you have a postcard-sized link to a postcard-sized article or YouTube video, which explains it better than Wiki?

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Es ieteiktu šo :"http://www.positivemoney.org/"

The main thing to understand is the link between central banks and private banks which enables these private banks to lend money (as debt) of course WHICH THEY DON'T HAVE into the economy - primarily into areas prone to speculation which are also necessities to most people (a place to live, for example).

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Paldies.

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