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SUNDAY SCREENING: 97% Owned: The Cruel Truth Behind Money (2012)

A look behind the curtain about how our fiat money is created.

When money drives almost all activity on the planet, it’s essential that we understand it. Amazingly, very few people understand the answer to some basic questions: Where does the money come from? Who creates it? Who decides how it gets used? This thought-provoking film answers these questions, as well as illuminating the mystery behind the creation of credits and debts which fuel the boom and bust cycles. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatized, debt-based monetary system that gives banks the power to create money, shape the economy, cause the crises that have pushed housing prices out of reach for so many. All this and more. Watch:

Run time: 1 hr 44 min
Directed by Michael Oswald
Production: Queue Politely (2012)

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