Hacker Cinema
97% Owned
2012 · Film · documentary · 130 min
Directed by Michael Oswald
97% owned present serious research and verifiable evidence on our economic and financial system. This is the first documentary to tackle this issue from a UK-perspective and explains the inner workings of Central Banks and the Money creation process. When money drives almost all activity on the planet, it's essential that we understand it. Yet simple questions often get overlooked, questions like; where does money come from? Who creates it? Who decides how it gets used? And what does this mean for the millions of ordinary people who suffer when the monetary, and financial system, breaks down? Produced by Queuepolitely and featuring Ben Dyson of Positive Money, Josh Ryan-Collins of The New Economics Foundation, Ann Pettifor, the "HBOS Whistleblower" Paul Moore, Simon Dixon of Bank to the Future and Nick Dearden from the Jubliee Debt Campaign.
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2 comments on Hacker News
A really good, research backed documentary on this is ‘97% Owned’ by Queue Politely films.
It is a social science with assumptions on how things works. A lot of economic theories are just that assumptions, assumptions on how the market works.
If you have the time watch Professor Steve Keens one of the economists who predicted the 2008 subprime bubble criticize main stream economics.
Especially the Federal reserve system which is privately owned by the biggest banks. Read on Edward Griffins google the creature from Jekyll island. In that information you will find that the FED was created by a among others senator Aldrich who's daughter was married to one of the banks who created the FED.
Thus private banks create debt out of thin air more now so than ever they are backed up by central banks. In the European central bank, the head of the bank comes from Goldman Sachs. There is a documentary called 97% owned which states 97% of all money in circulation are now debt just 3% is cash.
Ever wonder how the rich gets richer?