Why is the process of credit creation a mystery when credit accounts for 97% of our money supply?

Who creates money and where it ends up can completely transform a society, yet little is know about how and who is responsible for its creation.

97% owned presents serious research and verifiable evidence on the true nature of credit creation and its implications for the economic, social and financial system. Delving deep into the inner workings of the dominant western monetary system the film uncovers and reveals previously hidden information and facts drawing attention to the social implications on a local and global level.
Thank you very much for the documentary. I knew very little about this sort of thing, this is not stuff that people know about, that we are taught about. And now I understand. Thank you
Very few can accurately explain where money comes from and who creates it. The debate on money creation remains highly charged, inaccurate and subjective. 97% Owned set out to understand the system and gain a consensus on this process.

Working with think tanks, academics, pressure groups and the Bank of England’s own public records the film unearthed multiple types of national currency and forms of money. The films title was taken from the finding that commercial Bank’s created the vast majority of money, 97%, when they create loans. For what purpose and how much is created shapes the size of the banking sector, the countries economic growth and the well being of our society. The film explains the relationship between money creation, growth and inflation.

We also find that there are multiple forms of debt, there is the type of debt that originates when we borrow money from each other, but there is also another type of debt, which comes into existence when goods, services and currency are traded between nations. It is the movement of these transactions, also known as the balance of trade, that can affect the solvency of a country. Volume matters, and developed, dominant countries and their financial institutions can force a default on less developed and more vulnerable countries through the rapid withdrawal of their currency. The aim of such a raid is to effect changes in law and ownership of key industries, and to gain access to resources and markets.
This is probably my favorite documentary out there. It really brings the worldwide financial crisis into the right perspective. I hope it spawns a wave of activists for a new system. I’m one now, myself.
The documentary investigates alternative currencies, peer to peer financial processes and small scale banking as ways to bypass the monopolistic grip of the established banking sector. It attempts to stimulate debate on who should benefit from the creation of money and for what purposes money should be created. Why is it important to assign a commodity value to money in terms of international trade between nations? Would assigning such a value or backing of currencies lead to a system more representative of fair and equal competition?

‘Queuepolitely’, follow on from their internet smash film Generation OS13, with another visually inspiring and content rich feature. When economic crises will happen several times during your lifetime you need the knowledge and understanding this film delivers.



Josh Ryan-Collins


Ben Dyson

Positive Money

Anne Pettifor

Founder PRIME

Paul Moore

HBOS Whistle blower

Nick Dearden

Jubilee Debt Campaign

Prof Noel Longhurst

Universtiy of East Anglia

Simon Dixon

Founder Bank to the Future

Anne Belsey

Founder Money Reform Party

Ciarian Mundy

Bristol Pound

James Meadway


Sargon Nissan

Bretton Woods


Please contact Kazz at: Sideways Films for all broadcast and sales rights.

About Positive Money

Positive Money UK is a not-for-profit advocacy group based in London and Brussels. Positive Money’s mission is to promote a fair, democratic and sustainable economy through reforms of central banks and alternative monetary policy.


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