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Money as Debt I - Revised Edition 2009 (Full Movie)

Ethaniel RockX · documentary · Watch on YouTube

What it is

An animated documentary by Paul Grignon explaining how modern money is created through bank lending as debt. This is a combined upload of the revised 2009 edition.

Why Hacker News recommends it

HN commenters recommend it as a cartoonish but thorough explanation of the monetary system, though some critics dispute its claims.

  • 4 people recommended it
  • 3 different months
  • 2 strong recommendations
  • first 2020, last 2022

What HN commenters said

  1. “Anyone who wants to understand this insanity, I recommend MONEY AS DEBT”

    Documentary on how the monetary system works.

    jonplackett, 2020-03 · Strong recommendation · in “Payments on mortgages to be suspended across Italy after coronavirus outbreak”

  2. “since then you will never take financial markets seriously”

    Changes how you view financial markets.

    scirocco, 2020-03 · Strong recommendation · in “Ask HN: Book recommendations for understanding financial systems?”

  3. “I am surprised no one has shared these two important documentary videos on money”

    Important documentary on money.

    OrlandoHakim, 2022-03 · Recommendation · in “What is money, anyway?”

  4. “is a cartoonish but thorough explanation for anyone who has the time”

    Cartoonish but thorough explanation of debt-based money.

    zugi, 2022-08 · Recommendation · in “Ask HN: “government is printing money” - what does it mean in practice?”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: monetary system, fractional reserve banking, money creation, animated documentary

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