The Money Fix. An Alternative Look at Our Monetary System

Description

More money is owed to banks than actually exists in circulation-some say the idea of loans is to keep money in short supply so that an economy based on a frightening "myth of scarcity" is created. This program poses provocative questions about the philosophy of our monetary system. To what extent does a society's financial structure affect its cultural outlook? Can we learn from the economy of nature, where all parts of an ecosystem work together with no profit motive? The video documents three types of alternative currencies based on cooperation instead of competition, all of which are helping to boost the financial strength of the communities in which they operate. An overview of the history of the banking system is included, along with expert commentary and entertaining archival clips throughout.

Runtime

57 min

Subjects

Genre

Date of Publication

[2011], c2008

Database

Films on Demand

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