
The Money Fix
2008 · Film · documentary · 79 min
Directed by Alan Rosenblith
Money is at the intersection of nearly every aspect of modern life. Most of us take the monetary system for granted, but it has a profound and largely misunderstood influence on our lives. THE MONEY FIX is a feature-length documentary exploring our society’s relationship with the almighty dollar.
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1 comment on Hacker News
This fact is part of the money system. When a loan is taken out from a bank, the principal of the loan is created, but the interest is not. This creates a competition in the economy to get the money that is not created to pay back the interest on the loans where some people can and some people cannot. Defaults are inherent to the monetary system as it is currently implemented. See "The Money Fix" (documentary) for the best explanation of this process that I have seen.