Ex Nihilo: The Truth About Money…. Documentary Released

This week we release the Cobden Centre documentary Ex Nihilo: The Truth About Money. We looked at different avenues to release this, and decided that the most important factor is that it can be viewed by anyone, anytime. This includes policy-makers, who we had in mind, as well as the general public, when making the documentary.

The documentary features interviews with some of the top experts in the world, from Federal Reserve Bank presidents, to academics, politicians, bankers and think tank managers among others. The documentary goes through how money is created in a modern economy and the consequences of this system. It also gives some ideas on how the current system might be reformed.

Ex Nihilo was premiered in the House of Lords last month, and received very positive reviews.

The monetary system is perhaps the most misunderstood aspect of the modern economy. The majority of those working in finance, politics, academia and even central banking do not understand how money is created – or the consequences of this system.

We produced this documentary so that it can be shared completely for free, without the need for any subscriptions etc, so please feel free to share this YouTube video with anybody that might find it interesting. We hope Ex Nihilo will help to spread these ideas further than books and academic papers can!

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4 replies on “Ex Nihilo: The Truth About Money…. Documentary Released”
  1. says: john in cheshire

    All the interviewees use the term ‘Money’, which might be the commonly used term. But it is incorrect because what we use in normal life is Currency.
    Money, I believe, by definition is only Gold and Silver.
    Am I wrong?

  2. says: john77

    That depends, of course, on the definition!
    The most common definition I have seen of “Narrow Money” is “Notes and coins in circulation” which includes nil gold and trivial amounts of silver (most pre-1948 sixpences do not circulate but are kept to insert in Christmas puddings)

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