Money is Debt

The movie "Money is Debt" demonstrated the current economic crisis in a way that was clear and easy to understand. I like the fact that it is described through animations and graphics; this made it easier to pay attention to, and it was visually pleasing. I like the fact that Paul Grignon, the creator, is not someone you hear about on a daily basis, yet he made this very enlightening movie.

These issues are generally not taught in school, and if they are they're not discussed in detail. The reason for this is because those few powerful people in charge of the money system don't want people to know the truth behind where the money in our economy is actually coming from. Money is continuously being made, but there is nothing, such as gold to account for it. As more and more money is being circulated the farther we are going into debt. Some people want our money system to go back to gold; it's hard to imagine making that kind of change at this point in time.

Another part of the movie that I found interesting was when it said that without debt there would be no money. This was a hard concept to grasp at first, and crazy to think about. It's scary to think about the amount of debt the country is in and how long it will take for us to recover. The amount of debt should be a fear to Americans.

I would recommend this movie to anyone who wants a better understanding of how money is distributed and circulated. It discusses these issues in a way that is easy to follow. These topics should be taught in school, so that future generations will know the state of the economy and how we got there.