Money

A stack of £50 notes

What is Money?

Many people are unaware of what 'money' is and how it comes into being. Most people are also unaware that when a bank lends money, it creates it out of thin air as new money which thus represents debt rather than a physical good or asset with a tangible value. Similarly, the vast majority of people are unaware that all of the world's central banks are controlled by the secretive, unaccountable Bank for International Settlements in Basel, Switzerland.

Resources

The Bank for International Settlements Tower in Basel, Switzerland

This document offers deeper insights into the topics of central banking, money creation and debt-free sovereign money.

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