
Four Horsemen
2012 · Film · documentary · 97 min
Directed by Ross Ashcroft
Documentary about the modern apocalypse caused by a rapacious banking system. 23 leading thinkers – frustrated at the failure of their respective disciplines – break their silence to explain how the world really works.
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3 comments on Hacker News
This is not what I gathered from the documentary "Four Horsemen". Seems like actual banks are printing money out of thin air?
The documentary "Four Horsemen" (link below) goes into these topics at length, especially money creation. Most people's jaws drop when they learn that 97% of all money in the world isn't in paper/coin form but rather 0s and 1s in a database and that it is all willed into existence as debt by a bank.
https://www.youtube.com/watch?v=5fbvquHSPJU
I was just thinking that this is reason 10,000 that artists, designers, developers etc need a guild. Getting them all together under a subsidiary would serve the same purpose.
Perhaps a subsidiary of subsidiaries so that as each is fined/sued/shut down, they can go bankrupt without harming the core.
There was a quote in a documentary called Four Horsemen I believe that said "the rich discovered that the poor were honest" and used that against them to contrive an infinitude of ways of ripping them off. For example bankruptcy is just one of many legal tools to a corporation but is a last resort for individuals, so corporate power grows over time disproportionately like a latch that catches profits but lets losses slip through. It would be nice to see some of the same legal avenues readily available to the little guy.