If you are keeping up with the news of the American financial crisis, the sheer magnitude of the events and ill governance it should cause you to pause. What is going on? What is money? Where does money come from? This fascinating, simple and well done video will provide answers. Check it out here.
You will find an exposition on how money is created with viewer activated motion diagrams at:
http://chesters.org/marvin/economations/
It’s called Balance Sheet Money and shows in little animations how deposit into a bank of say $1 generates generates $2 of liquid assets in the world.