Posted May 1st 2007 2:59PM

Paul Grignon's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created.

From the movie:
Few people are aware today that the history of the United States since the revolution in 1776 has been in large part, the story of an epic struggle to get free and stay free from control of the European International Banks. This struggle was finally lost in 1913 when President Woodrow Wilson signed into effect the Federal Reserve Act, putting the International Banking cartel in charge of creating America's money.

"Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men.

We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world, no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men."

~ President Woodrow Wilson (from his book "The New Freedom")

Another interesting quote from Woodrow Wilson not featured in this film reflects how his economic and foreign policy have carried on to this very day.

"Since trade ignores national boundaries and the manufacturer insists on having the world as a market, the flag of his nation must follow him, and the doors of the nations which are closed must be battered down…Concessions obtained by financiers must be safeguarded by ministers of state, even if the sovereignty of unwilling nations be outraged in the process. Colonies must be obtained or planted, in order that no useful corner of the world may be overlooked or left unused". ~ From a Lecture at Columbia University (April 1907)