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Money As Debt - Paul Grignon (2006)

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First published at 00:01 UTC on October 21st, 2023.

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PolicePaparazzi

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Money as Debt is an animated documentary about the monetary systems practiced through modern banking. The film presents the process of money creation by banks and its historical background, and warns of its subsequent unsustainability. New money enters the economy through the indebtedness of borrowers, thus not only obligating the public to the money-issuing private banks but also creating an endless and self-escalating debt that is to eventually outgrow all other forms of wealth generation. This ever-increasing gravitation of money to banks is capable of impoverishing any nation.

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