Money as Debt II
2009 · 77 MIN · IMDB 7.9 · 162 VOTES
Overview
Bailouts, stimulus packages, debt piled upon debt…Where will it all end? How did we get into a situation where there has never been more material wealth & productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt! Money as debt II explores the baffling, fraudulent and destructive arithmetic of the money system that holds us hostage to a forever growing DEBT… and how we might evolve beyond it into a new era.
Dialogue Timeline — 867 lines
A SAMPLE ACROSS THE RUNTIME — EVERY LINE IS SEARCHABLE
00:00:01 Start
00:04:04 But the distinction is not semantic nor is a trivia.
00:07:19 The account is a promise to pay not the money itself.
00:10:26 The borrower is capable of making a credible promise of money in the future.
00:13:43 Well obviously the buyer's bank now owes the seller's bank the amount of the loan.
00:16:53 they're free to make new loans and thereby keep creating brand new credit money.
00:20:15 Another difference is that there is no obvious victim...
00:22:46 "The decrease in purchasing power incurred by holders of money...
00:25:27 More than 95% of all money currently in existence is in the form of debt to banks.
00:28:29 Roosevelt's "New Deal" set out to restore the economy by restoring the money supply.
00:31:04 But what is it that drives the business cycle?
00:33:45 Is charging interest really a sin?
00:36:44 except as an other loan.
00:39:58 which is an unlimited appetite for profit...
00:43:03 looking to make winful profits on currency fluctuations.
00:46:03 would turn the individual loan cycle into the collective phenomena of the business cycle.
00:49:32 And what are these bailouts financed with? You guest it.
00:52:22 Pretty simple.
00:55:36 What did this change mean?
00:59:00 and the absence of any actual money loan on the bank's part is not relavant.
01:02:27 is a great fallacy of modern economics
01:05:53 Through out money's evolution, direct barter, to standard trade goods and on to standard coins, to paper promises of precious metal..
01:10:16 This kind of abundant money, will fund a re-invigorated, productive economy, in which the savings of the people
01:13:40 But what can you do right now??
Cast & Characters
Dialogue Record
Lines indexed867
Dialogue density11.3 lines / min
First line00:00:01
Final line01:13:40
Production Record
LanguageEnglish
IMDb votes162