“Wealth doesn’t come from a bank…” Monetary Reformer Will Abram

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by Peter on October 7th, 2009

Filed under: History, Videos | Tags: , , , , , ,

“Wealth does not come form a bank; it does not come from any money manipulation; it comes from us.”

In this 6 minute video, Will briefly talks about growing up during the depression in Alberta Canada, before describing Canada’s experience of debt-free money issue from 1935-1974 and its barely perceptible effect on the national debt. At the end, he waxes philosophical about the source of true wealth in society.

Interestingly, Canada’s national debt actually dropped from nearly $600 Billion in the late 90′s, but is now on the rise again and stands at about $960 Billion today. An interview by Pete and Joe from the fifth American Monetary Reform Conference, Chicago IL, 9.27.09.

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