Understanding Money...

... is understanding better the actual financial crisis. We have never talked so much about money since we've been told that we could lack some soon.

But do you know how money really works? Do you know the mecanisms behing money creation? We often believe that money is created by country states but it is only partly true. Most of it is created by banks, using debts to do so.

To understand money matters, here is a captivating video (cut in 5 digest parts here) from Paul Grignon, really worth the time spent watching it. And time is ... money!

Once done, you might be interested in the 10 points "rescue plan" proposed by Michael Moore. His 10th point is based on the idea of creating a national bank, a "people's bank" set up by people for people. This idea is, to my opinion, to link to micro-credit initiatives like the one started by Muhammad Yunus, a Bangladeshi banker and economist who was awarded the Nobel Peace Prize in 2006.

Finally, to have a full "Financial Starter Pack", why not create your own money? You can use this powerpoint kit to personalize your very bank notes.