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Who makes money? | Jean-Luc Roux | TEDxULB


nice to see you happy

nice to see you happy vertical difficult situations for me so

vertical difficult situations for me so

vertical difficult situations for me so obstacles so I may be happy after but

obstacles so I may be happy after but

obstacles so I may be happy after but let’s try with an experience all of you

let’s try with an experience all of you

let’s try with an experience all of you got a strew in your back to give your

got a strew in your back to give your

got a strew in your back to give your back with you

okay that’s fine

okay that’s fine now you’re going to try to breathing in

now you’re going to try to breathing in

now you’re going to try to breathing in breathing out and do that few seconds

breathing out and do that few seconds

breathing out and do that few seconds leap it more than two second not not

leap it more than two second not not

leap it more than two second not not with your nose only with your mouth okay

with your nose only with your mouth okay

with your nose only with your mouth okay and just trying to remain the emotion

and just trying to remain the emotion

and just trying to remain the emotion you had what happened to you when you

you had what happened to you when you

you had what happened to you when you made that exercise be short of oxygen

made that exercise be short of oxygen

made that exercise be short of oxygen and I going to come back to that

and I going to come back to that

and I going to come back to that experience little bit later but disease

experience little bit later but disease

experience little bit later but disease my purpose its to be looking to money

my purpose its to be looking to money

my purpose its to be looking to money well everybody knows money you have one

well everybody knows money you have one

well everybody knows money you have one in your pocket but it’s highly likely

in your pocket but it’s highly likely

in your pocket but it’s highly likely that money is something else that you’re

that money is something else that you’re

that money is something else that you’re thinking about it and then questions

thinking about it and then questions

thinking about it and then questions Uno’s here Hooper do you create money is

Uno’s here Hooper do you create money is

Uno’s here Hooper do you create money is it government that create money good is

it government that create money good is

it government that create money good is it the same or is it a central bank who

it the same or is it a central bank who

it the same or is it a central bank who create money yes very good

create money yes very good

create money yes very good or is it private banks create money only

or is it private banks create money only

or is it private banks create money only one or two Wow excellent well in fact 90

one or two Wow excellent well in fact 90

one or two Wow excellent well in fact 90 to 95% of our money has been created by

to 95% of our money has been created by

to 95% of our money has been created by bank private bank only five persons

bank private bank only five persons

bank private bank only five persons through central bank so it’s a private

through central bank so it’s a private

through central bank so it’s a private activity when you borrow money at the

activity when you borrow money at the

activity when you borrow money at the bank you create money from nothing okay

bank you create money from nothing okay

bank you create money from nothing okay difficult to understand that’s why I

difficult to understand that’s why I

difficult to understand that’s why I would like to start not with the

would like to start not with the

would like to start not with the financial causes here but I would like

financial causes here but I would like

financial causes here but I would like to start with the game and I suppose

to start with the game and I suppose

to start with the game and I suppose well

well

well another questions who has already played

another questions who has already played

another questions who has already played with Monopoly game wow you loved that

with Monopoly game wow you loved that

with Monopoly game wow you loved that game me too

game me too

game me too that’s fine huh what again monopoly

that’s fine huh what again monopoly

that’s fine huh what again monopoly everybody has played with monopolies its

everybody has played with monopolies its

everybody has played with monopolies its monopoly it’s it’s a copy of our

monopoly it’s it’s a copy of our

monopoly it’s it’s a copy of our financial system there is a bank it’s a

financial system there is a bank it’s a

financial system there is a bank it’s a private bank they are player they’re

private bank they are player they’re

private bank they are player they’re sailing buying and so on so you have

sailing buying and so on so you have

sailing buying and so on so you have player around the table yeah

player around the table yeah

player around the table yeah good some of them are loafing drinking

good some of them are loafing drinking

good some of them are loafing drinking whiskey gin they are saving buying Auto

whiskey gin they are saving buying Auto

whiskey gin they are saving buying Auto streets sometimes they going to jail and

streets sometimes they going to jail and

streets sometimes they going to jail and at the end of the at the end of the game

at the end of the at the end of the game

at the end of the at the end of the game what happened you have one winner Wow I

what happened you have one winner Wow I

what happened you have one winner Wow I would like to be the winner because we

would like to be the winner because we

would like to be the winner because we are in competitive world it’s fine to be

are in competitive world it’s fine to be

are in competitive world it’s fine to be the winner but if there is a winner all

the winner but if there is a winner all

the winner but if there is a winner all the other a loser yeah well that’s fine

the other a loser yeah well that’s fine

the other a loser yeah well that’s fine that’s the rules

that’s the rules

that’s the rules in fact I invite you to look at the end

in fact I invite you to look at the end

in fact I invite you to look at the end of that game with other eyes other

of that game with other eyes other

of that game with other eyes other glasses because at the end of that game

glasses because at the end of that game

glasses because at the end of that game no one could play anymore even the

no one could play anymore even the

no one could play anymore even the winner so even the winner became a loser

winner so even the winner became a loser

winner so even the winner became a loser he could not play anymore

he could not play anymore

he could not play anymore so that game show us game is over and

so that game show us game is over and

so that game show us game is over and it’s a collective death game nobody

it’s a collective death game nobody

it’s a collective death game nobody could play anymore but usually why is

could play anymore but usually why is

could play anymore but usually why is that in our society also what’s the link

that in our society also what’s the link

that in our society also what’s the link well the link I show you the link

well the link I show you the link

well the link I show you the link inequality

in 2010 388 billionaires owning as much

in 2010 388 billionaires owning as much as the half of the poorest people on the

as the half of the poorest people on the

as the half of the poorest people on the planet which is around 3 billions people

planet which is around 3 billions people

planet which is around 3 billions people 3 billions people are outside of the

3 billions people are outside of the

3 billions people are outside of the game 5 years later

game 5 years later

game 5 years later 62 billionaires owning the same things

62 billionaires owning the same things

62 billionaires owning the same things is going fast it’s going quick just like

is going fast it’s going quick just like

is going fast it’s going quick just like in a monopoly and today today eight

in a monopoly and today today eight

in a monopoly and today today eight billion eight billionaires on the same

billion eight billionaires on the same

billion eight billionaires on the same wealth as three point six billion people

wealth as three point six billion people

wealth as three point six billion people you see the trend 386 t28 is it

you see the trend 386 t28 is it

you see the trend 386 t28 is it sustainable going the trend next year

sustainable going the trend next year

sustainable going the trend next year when I will came here only one people

when I will came here only one people

when I will came here only one people will home the same wealth as the whole

will home the same wealth as the whole

will home the same wealth as the whole planet there is something wrong in the

planet there is something wrong in the

planet there is something wrong in the system we will look what’s wrong in the

system we will look what’s wrong in the

system we will look what’s wrong in the system and so the second aspect of our

system and so the second aspect of our

system and so the second aspect of our money it’s the capacity of speculation

money it’s the capacity of speculation

money it’s the capacity of speculation and speculation it’s 98 percent of the

and speculation it’s 98 percent of the

and speculation it’s 98 percent of the financial market 98 percent are diverse

financial market 98 percent are diverse

financial market 98 percent are diverse from the market to speculation and only

from the market to speculation and only

from the market to speculation and only two person are allocated to the real

two person are allocated to the real

two person are allocated to the real economy goods and services so the people

economy goods and services so the people

economy goods and services so the people who are in the real economy at the same

who are in the real economy at the same

who are in the real economy at the same experience as you had at the beginning

experience as you had at the beginning

experience as you had at the beginning of the talk here sort of oxygen they are

of the talk here sort of oxygen they are

of the talk here sort of oxygen they are sort of money but because we are sort of

sort of money but because we are sort of

sort of money but because we are sort of money on the planet no it’s because the

money on the planet no it’s because the

money on the planet no it’s because the financial institution and bank players

financial institution and bank players

financial institution and bank players the most of the money

speculation rather than prediction and

speculation rather than prediction and consumption Wow five years ago five

consumption Wow five years ago five

consumption Wow five years ago five years ago I didn’t know that but let me

years ago I didn’t know that but let me

years ago I didn’t know that but let me invite you to another game in 2012 then

invite you to another game in 2012 then

invite you to another game in 2012 then re taro is an expert on complementary

re taro is an expert on complementary

re taro is an expert on complementary currencies and financial systems in the

currencies and financial systems in the

currencies and financial systems in the world invite a new game and that game

world invite a new game and that game

world invite a new game and that game will try to change the rules and see

will try to change the rules and see

will try to change the rules and see what happened because some things I

what happened because some things I

what happened because some things I didn’t told you is that with the

didn’t told you is that with the

didn’t told you is that with the monopoly we try to invite four wise

monopoly we try to invite four wise

monopoly we try to invite four wise people around the game and we say well

people around the game and we say well

people around the game and we say well try to change the trend of the game and

try to change the trend of the game and

try to change the trend of the game and haven’t been able to do it the systems

haven’t been able to do it the systems

haven’t been able to do it the systems were behind the architecture of the

were behind the architecture of the

were behind the architecture of the money doesn’t allow to change the trend

money doesn’t allow to change the trend

money doesn’t allow to change the trend so pulley money it started like a

so pulley money it started like a

so pulley money it started like a monopoly and after six won’t what same

monopoly and after six won’t what same

monopoly and after six won’t what same things one one player win and the other

things one one player win and the other

things one one player win and the other lost and then we introduced the first

lost and then we introduced the first

lost and then we introduced the first component Ori currency another currency

component Ori currency another currency

component Ori currency another currency within the game and that currency

within the game and that currency

within the game and that currency allowed people start to exchange

allowed people start to exchange

allowed people start to exchange services and goods and it changed

services and goods and it changed

services and goods and it changed completely the ambience around the game

completely the ambience around the game

completely the ambience around the game because the loser were able to come back

because the loser were able to come back

because the loser were able to come back and and stay player and at the end of

and and stay player and at the end of

and and stay player and at the end of the game there is no loser everybody win

the game there is no loser everybody win

the game there is no loser everybody win because we have introduced another

because we have introduced another

because we have introduced another currency which is not dependent for more

currency which is not dependent for more

currency which is not dependent for more conventional money and I can tell you

conventional money and I can tell you

conventional money and I can tell you when I saw the game for the first time

when I saw the game for the first time

when I saw the game for the first time there was so happiness around the game

there was so happiness around the game

there was so happiness around the game at the end of the game

at the end of the game

at the end of the game was just amazing so a game to games show

was just amazing so a game to games show

was just amazing so a game to games show us what’s happened in our society and

us what’s happened in our society and

us what’s happened in our society and what could happen if we change the rules

what could happen if we change the rules

what could happen if we change the rules by money divert diversity but you will

by money divert diversity but you will

by money divert diversity but you will say what’s the link with the reality

say what’s the link with the reality

say what’s the link with the reality well there is one in in Ghent no far

well there is one in in Ghent no far

well there is one in in Ghent no far from here there is a district which is

from here there is a district which is

from here there is a district which is called rabbit and in that area you have

called rabbit and in that area you have

called rabbit and in that area you have the half of population are immigrant and

the half of population are immigrant and

the half of population are immigrant and it’s one of the poorest area of Belgium

it’s one of the poorest area of Belgium

it’s one of the poorest area of Belgium and situation was catastrophic

and situation was catastrophic

and situation was catastrophic seven years ago the common good was

seven years ago the common good was

seven years ago the common good was destroyed there was a high tension

destroyed there was a high tension

destroyed there was a high tension between the local people and the

between the local people and the

between the local people and the immigrant environment was destroyed and

immigrant environment was destroyed and

immigrant environment was destroyed and so on and and then they decide to go

so on and and then they decide to go

so on and and then they decide to go another way to solve the problem not by

another way to solve the problem not by

another way to solve the problem not by increasing security but there are the

increasing security but there are the

increasing security but there are the people what’s your dream what does it

people what’s your dream what does it

people what’s your dream what does it mean immigrant what would you like to do

mean immigrant what would you like to do

mean immigrant what would you like to do what you would like to get to be happy

what you would like to get to be happy

what you would like to get to be happy and 85% of them told we would like a

and 85% of them told we would like a

and 85% of them told we would like a piece of land a garden to grow flowers

piece of land a garden to grow flowers

piece of land a garden to grow flowers and vegetable then discussions was done

and vegetable then discussions was done

and vegetable then discussions was done and component ericaceous currency was

and component ericaceous currency was

and component ericaceous currency was designed to answer to that questions the

designed to answer to that questions the

designed to answer to that questions the tour occur and how to run the tour occur

tour occur and how to run the tour occur

tour occur and how to run the tour occur you can earn the tour occur as an

you can earn the tour occur as an

you can earn the tour occur as an immigrant by giving services to the

immigrant by giving services to the

immigrant by giving services to the community helping children cleaning the

community helping children cleaning the

community helping children cleaning the streets helping elders and and so on and

streets helping elders and and so on and

streets helping elders and and so on and that’s the way you can own that money

that’s the way you can own that money

that’s the way you can own that money which is it the only way to pay the

which is it the only way to pay the

which is it the only way to pay the garden you will receive from the city

garden you will receive from the city

garden you will receive from the city from the CTO and what happened in a

from the CTO and what happened in a

from the CTO and what happened in a six-month period the tension between

six-month period the tension between

six-month period the tension between local people and immigrant disappeared

local people and immigrant disappeared

local people and immigrant disappeared completely

completely

completely the center of the district was

the center of the district was

the center of the district was completely renew and more than 26 kind

completely renew and more than 26 kind

completely renew and more than 26 kind of services to community was done by the

of services to community was done by the

of services to community was done by the immigrant which was the enemies six

immigrant which was the enemies six

immigrant which was the enemies six months later before but there are many

months later before but there are many

months later before but there are many currencies like that around the world

currencies like that around the world

currencies like that around the world following banner edit data research

following banner edit data research

following banner edit data research their 15,000 comment complementary

their 15,000 comment complementary

their 15,000 comment complementary currencies around the world in UK you

currencies around the world in UK you

currencies around the world in UK you have the Bristol pound Bristol pound so

have the Bristol pound Bristol pound so

have the Bristol pound Bristol pound so the economical crisis of the city ten

the economical crisis of the city ten

the economical crisis of the city ten years ago

years ago

years ago introducing a currency which allow you

introducing a currency which allow you

introducing a currency which allow you to pay tax to pay the purse to pay food

to pay tax to pay the purse to pay food

to pay tax to pay the purse to pay food to pay your rent even paying energy and

to pay your rent even paying energy and

to pay your rent even paying energy and thanks to that they came out of the

thanks to that they came out of the

thanks to that they came out of the crisis economical crisis of the city in

crisis economical crisis of the city in

crisis economical crisis of the city in Japan in the years 90s health crisis the

Japan in the years 90s health crisis the

Japan in the years 90s health crisis the Social Security Institution fail and no

Social Security Institution fail and no

Social Security Institution fail and no more services for elders and sick people

more services for elders and sick people

more services for elders and sick people so they develop complementary currency

so they develop complementary currency

so they develop complementary currency which was a three equipo and today 1.8

which was a three equipo and today 1.8

which was a three equipo and today 1.8 million people at services

million people at services

million people at services thanks to that money in Brazil the bank

thanks to that money in Brazil the bank

thanks to that money in Brazil the bank Aparna there is a banco currency which

Aparna there is a banco currency which

Aparna there is a banco currency which has a low in a 10-year period to get out

has a low in a 10-year period to get out

has a low in a 10-year period to get out of poverty more than 400 surveillance

of poverty more than 400 surveillance

of poverty more than 400 surveillance where all the other policies fail before

where all the other policies fail before

where all the other policies fail before in the via Germany the Kim Gore is a

in the via Germany the Kim Gore is a

in the via Germany the Kim Gore is a special currency that has been developed

special currency that has been developed

special currency that has been developed to develop organic food and organic

to develop organic food and organic

to develop organic food and organic agriculture in the region and it’s a

agriculture in the region and it’s a

agriculture in the region and it’s a real success

but why why are we speaking about and

but why why are we speaking about and why do we need currencies well we need

why do we need currencies well we need

why do we need currencies well we need currencies a diversity of currencies

currencies a diversity of currencies

currencies a diversity of currencies because following the scientist the last

because following the scientist the last

because following the scientist the last 20 years

20 years

20 years 96 banking crises happen 176 monetary

96 banking crises happen 176 monetary

96 banking crises happen 176 monetary crisis and 36 sovereign crisis this is

crisis and 36 sovereign crisis this is

crisis and 36 sovereign crisis this is not a default this is really linked with

not a default this is really linked with

not a default this is really linked with the way we producing money money is

the way we producing money money is

the way we producing money money is produced like a monoculture and

produced like a monoculture and

produced like a monoculture and scientists show that monoculture in a

scientists show that monoculture in a

scientists show that monoculture in a complex system is really efficient but

complex system is really efficient but

complex system is really efficient but so fragile

so fragile

so fragile there is no resilience if you have an

there is no resilience if you have an

there is no resilience if you have an accident there then you get a crisis

accident there then you get a crisis

accident there then you get a crisis just like the one we had in 2008 and if

just like the one we had in 2008 and if

just like the one we had in 2008 and if you want to take a sample of monoculture

you want to take a sample of monoculture

you want to take a sample of monoculture really efficient it’s a pine plantation

really efficient it’s a pine plantation

really efficient it’s a pine plantation plantations fantastic is growing so fast

plantations fantastic is growing so fast

plantations fantastic is growing so fast you get money quickly great it’s

you get money quickly great it’s

you get money quickly great it’s efficient but one match and what

efficient but one match and what

efficient but one match and what happened

happened

happened fires disappear no resilience at all so

fires disappear no resilience at all so

fires disappear no resilience at all so we want a sustainable world we should

we want a sustainable world we should

we want a sustainable world we should shift from a monoculture monetary system

shift from a monoculture monetary system

shift from a monoculture monetary system to a diverse money money system and we

to a diverse money money system and we

to a diverse money money system and we have a choice we can go on statical and

have a choice we can go on statical and

have a choice we can go on statical and you will get this one one person of the

you will get this one one person of the

you will get this one one person of the people will have the half of the

people will have the half of the

people will have the half of the richness on our world or you can go

richness on our world or you can go

richness on our world or you can go another world and to go to another world

another world and to go to another world

another world and to go to another world I invite you to look in your region for

I invite you to look in your region for

I invite you to look in your region for complementary currencies if you look in

complementary currencies if you look in

complementary currencies if you look in Belgium and I try to change the slide

Belgium and I try to change the slide

Belgium and I try to change the slide but it’s not working

but it’s not working

but it’s not working ok so if you look at me in Belgium there

ok so if you look at me in Belgium there

ok so if you look at me in Belgium there are plenty of complementary currencies

are plenty of complementary currencies

are plenty of complementary currencies who are growing now at this stage and

who are growing now at this stage and

who are growing now at this stage and I’m sure that in your region it’s the

I’m sure that in your region it’s the

I’m sure that in your region it’s the same things so I call for action and I

same things so I call for action and I

same things so I call for action and I invite you to join it thank you

invite you to join it thank you

invite you to join it thank you you

”

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