Wednesday, April 15, 2009
journal entry on money as debt
This film talks about how money in America is made, and where it eventually goes. I was surprised to see how our government is consistently borrowing from its own flat currency. In my opinion, this film is truly a wake up call for all of us. I consider this to be a very important learning tool for high school and college students. After viewing this, it will give them some perspective on the world of finance and how it operates in the United States. It will also shed a much needed light on this area of government which will help them have a fuller understanding of the system. The bottom line and crisis in this movie, and what struck me is that only a small group of people make the decisions about where and how our capital is spent. It really bothered me that they take a portion for themselves, and then continue to keep people under their control. Towards the end of the movie the point is made that someday people will forget how much of their earnings are held from them by the government. In the end, it seems that the only people that benefit from all of this is that one small group of decision makers who have total control.
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