*Music plays*
On-screen text: Introduction research money and debt.
Logo WRR appears on screen.
Actor 1:
And how is our money created?
Where does it come from?
Voiceover:
The 'Ons Geld' foundation
and theatre group 'De Verleiders'...
instigated the Dutch discussion
about money creation.
They organised a citizens' initiative that
was signed by more than 120,000 people.
This led to a hearing and a debate in
the House of Representatives about money creation.
George van Houts – citizens’ initiative ‘Ons Geld’:
99.9 percent of attendees...
110,000 men and women,
often well-educated...
of our performance
'Door de Bank Genomen'...
believes that the government
controls our money.
That the government creates
and manages money supply.
Edgar Wortmann - citizens’ initiative ‘Ons Geld’:
The legislature is responsible
for the money system.
Martijn Jeroen van der Linden - citizens’ initiative ‘Ons Geld’:
We want to separate
money creation and credit supply.
The state should create money, while
the free market should supply credit.
Pieter Omtzigt – CDA:
Speaker...
Much appreciation
for the organisers of the initiative...
for putting a complex theme,
money creation, on the agenda...
and start a fundamental discussion
about it.
Arnold Merkies – SP:
Why don't we discuss
the money system more often?
Voiceover:
This discussion
isn't unique to the Netherlands.
The topic is debated in England,
Switzerland and Iceland as well.
Different international politicians:
I think it raises the question
at the heart of this debate.
I mean, who should create the money?
This is an issue that has not
been debated for well over a century.
Over 100,000 citizens have signed
the sovereign-money initiative.
Voiceover:
After the debate, the Scientific Council
for Government Policy was asked...
to investigate the creation of money.
Jeroen Dijsselbloem:
Yet this debate, which goes to the core
of monetary policies, money creation...
and who's responsible,
has never been held this sharply.
On-screen tekst: In January 2019, the WRR published the report ‘Money and Debt: The Public Role of Banks’.
A translated version of this report is now available from Springer.
www.springer.com
Logo WRR appears on screen.
*Music fades out*
