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 iis being created.
On June 4, 1963, a little known attempt was made
to strip the Federal Reserve Bank of its power to loan money
to the government at interest. On that day President John F.
Kennedy signed Executive Order No. 11110 that returned to the
U.S. government the power to issue currency, without going through
the Federal Reserve.
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