And how is our money created? Where does it come from?
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.
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.
The legislature is responsible for the money system.
We want to separate money creation and credit supply.
The state should create money, while the free market should supply credit.
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.
Why don't we discuss the money system more often?
This discussion isn't unique to the Netherlands.
The topic is debated in England, Switzerland and Iceland as well.
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.
After the debate, the Scientific Council for Government Policy was asked...
to investigate the creation of money.
Yet this debate, which goes to the core of monetary policies, money creation...
and who's responsible, has never been held this sharply.