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Money as Debt - Full Documentary

Free Your Mind · documentary · Watch on YouTube

Macroeconomics & financial crisesDocumentaries & storytelling

What it is

Paul Grignon's animated documentary presenting his view of how banks create money as debt and why that system requires continuous growth. It outlines the historical background of modern banking.

Why Hacker News recommends it

Recommended as an approachable explanation of fractional reserve banking, with the caveat that it is biased.

  • 2 people recommended it
  • 3 different months
  • 1 strong recommendations
  • first 2017, last 2023

What HN commenters said

  1. “I think it's quite important that you watch this”

    Explains how money is created as debt.

    Sir_Substance, 2017-11 · Strong recommendation · in “Bitcoin World’s 30th Largest Currency, Market Cap Closes on Mastercard”

  2. “the first Money as Debt video [1] still makes the most sense to me”

    Common-sense presentation arguing the monetary system depends on continuous growth.

    mkstowegnv, 2018-04 · Recommendation · in “Switzerland: First country to have national referendum about Sovereign Money”

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

Topics: fractional reserve banking, debt, monetary system, animation, paul grignon

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