Finding the Money has the potential to completely upend the way you understand not only the economy but society as a whole. Few films, documentary or otherwise, can lay claim to that kind of impact upon the viewer. When the material presented is understood, suddenly everybody talking about govt policy-especially but not limited to fiscal policies like taxing and spending-starts to sound crazy. It's because they don't know what you now know. Or in some cases are pretending not to know it.
The myths that are propagated about the monetary system and the constraints it operates under are not accidents, but redound to the benefit of a power structure-a ruling class-that prefers the highly inegalitarian status quo. Economic inequality is not just an outcome of their preferred fiscal policies, but the very source of their political power. Understanding the power of fiat currency-and that money is not property belonging to individuals but a public utility-is essential to restoring egalitarianism and reclaiming democratic governance.
Plot summary
FINDING THE MONEY follows economist Stephanie Kelton on a journey through Modern Money Theory or “MMT”. Kelton provocatively asserts the National Debt Clock that ticks ominously upwards in New York City is not actually a debt for us taxpayers at all, nor a burden for our grandchildren to pay back. Instead, Kelton describes the national debt as simply a historical record of the number of dollars created by the US federal government currently being held in pockets, as assets, by the rest of us. MMT bursts into the media with journalists asking, “Have we been thinking about how the government spends money, all wrong?” But top economists from across the political spectrum condemn the theory as “voodoo economics”, “crazy” and “a crackpot theory”. FINDING THE MONEY traces the conflict all the way back to the story we tell about money, injecting new hope and empowering countries around the world to tackle the biggest challenges of the 21st century: from climate change to inequality.
Uploaded by: FREEMAN
May 07, 2024 at 11:09 PM
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Movie Reviews
The Power to Transform
Completely changed my understanding (BA-Econ & MBA)
I consider(ed) myself to be a very knowledgeable about macro economics. This movie completely altered my understanding. I highly recommend. Taxation and government spending is obviously a subject that sparks a lot of political and ideological debate, but the film-maker exposes the hipocracy and misunderstanding that politicians of all ideologies share. I wish the movie was available by streaming it directly online. I would pay to see it again. I'd even give it away to friends for Christmas if it were possible to do so. Please try to increase the distribution of this really important information.