The Money Makers
1964 · Film · documentary · 25 min
Directed by Frank Gilpin
A short film looking at the production of small coins by the UK's Royal Mint.
1 positivefrom 1 commenter
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Hacker Cinema Hacker Cinema1964 · Film · documentary · 25 min
Directed by Frank Gilpin
A short film looking at the production of small coins by the UK's Royal Mint.
1 positivefrom 1 commenter
No streaming data for this title.
1 comment on Hacker News
I have the same damn question - where is all the money going?
Put another way, why is my dollar buying exponentially less than it was 20, 30, 40 years ago? Don't even try to tell me it's inflation.
I don't know the answer. We pay politicians to know those things and to work on finding solutions. Funny how they don't seem any better at understanding the problem and finding a solution than you and me.
So while I don't honestly have any solid understanding, I can only posit that it may have something to do with wealth consolidation [1]. I'm no proponent of socialism or artificially redistributing wealth but I look to the growing divide between the rich and poor in the U.S. (and globally) and can't help but notice it correlates quite strongly with my dollar buying less, and less. Yes, correlation != causation, but you gotta start somewhere.
If you can get past the 90s era cinematography "The Money Makers" is a fascinating documentary which illuminates some of the issues with our monetary system.
https://youtu.be/XbEu-OLMKLQ
[1] The top 0.01% of households, with net assets of over $40m, short-changed the taxman by a whopping 30%.
https://www.economist.com/blogs/graphicdetail/2017/06/daily-chart?fsrc=scn/tw/te/bl/ed/