living Economies Problem & solution with the Economie

What if the money system itself is the root cause of our biggest problems, from climate change and inequality to the relentless pressure for endless economic growth? In this short documentary, four members of Living Economies Educational Trust New Zealand share their insights into how money is created, why the current system is broken, and what we can do about it. Tayer Hewitt interviewed Deirdre Kent, Helen Dew, and Brian Innes, co-founders of Living Economies, along with trustee Phil Stevens. They cut through decades of economic misinformation to reveal a simple but startling truth: around 97% of our money is created by private commercial banks as interest-bearing debt. The consequences of that single fact ripple through every aspect of our lives and our planet. But this is not just a story of problems. It is a story of solutions, already working, right here in New Zealand. Time banking, LETS systems, savings pools, community currencies, and cooperative land sharing are all part of a growing parallel economy built on trust, fairness, and genuine community. Living Economies Educational Trust has been quietly championing these ideas since 2001. Now, with the global economy under pressure and the need for alternatives more urgent than ever, their message is ready to reach a wider audience. Learn more and get involved at https://livingeconomies.nz/