Dr Werner discloses facts about money creation that are at the core of every modern economy. About how the creation of the essential money that is needed to sustain growth is founded on debt. This suits banks, of course. Governments have huge debts, to banks, and few people realise that it does not have to be like this. Taxes are needed for paying for decades of past interest on government borrowing. Banking is an extracting mechanism. It extracts resources from the economy, through interest payments and the taxation needed to cover the debt burden of the government. Why borrow from banks and pay interest when there is an alternative way of money creation and allocation? Governments could create the money and allocate it into circulation through its spending programmes. Nearly 1000 years ago Winchester in England was the centre of such a money creation system – debt free and interest free. The tally stick system was used. It expanded the money supply needed by government and it was without debt. Tally sticks were accepted for tax payments. It worked for centuries. The system was not popular with banks who prefer to create the money supply and charge interest and so their way has come to dominate. But with modern technology we have the possibility of launching an alternative money creation system without the burdens we suffer under, and which would be even better than the proven tally stick system.