By the way, if you're interested in doing more research on the subject 'money as debt' and world enslavement, the author of the youtube films has a variety of products he's willing to sell you for the price of an average hollywood film DVD.
Which one's the author though, tsiporah or 'artist and videographer Paul Grignon'?
I had the time to actually watch the first video in full.
"The four big questions":
1. Why governments borrow money from banks instead of printing money?
Robert Mugabe alone knows.
2. Why create money as debt?
The temporal component.
3. About perpetual growth?
Yes, it's mad. I've probably spoken about over-optimistic expectations already.
4. Are we dependent on it?
No. However, if we've borrowed heavily - exchanged a lot of future income for current spending (this is the temporal component of debt), and assumed our future income will rise fast enough to cover this debt, then yes, we get reasonably assed by lack of growth.
The key problem here is: if lending was against reasonable expectations of future income, what would it mean in terms of this 'debt enslavement'? Surely it would become nigh impossible. The only way to 'debt enslave' yourself is to live heavily over your means through the temporal component of debt, or heavily misjudge your future ability to pay your debt. Even the second video (money as debt II) starts up with neglecting the temporal component. It does however ponder how people (who never had the "real coins" in the first place) who bought their houses err lost them!