"Money As Debt" Analysis

One word to describe the short documentary on the United State's monetary system is scary. I found "Money as Debt" to be very interesting, and it confirms the truth about the United States. The poor gets poorer and the rich gets richer. Since the downward spiral of the present economy crisis and with the upcoming election, the short film provides us with the notion that the economy could collapse on itself and that the only way to fix it would be a complete change of the monetary system.

One new monetary system is nationalizing banks and having no interest rates on things like loans and mortgages, like Canada does today. This would mean that the rich would have to give up some of their money in order to support the country. They would not be able to be greedy and create money based on credit so that they can receive a higher interest payment.

This film helped me to realize the dangers we all face if our national debt continues to rise. We may have no means of solving even bigger problems with the money shortages. It is scary to think that our economy may collapse entirely and that the means of living that we know would be shattered. I feel that politics need to change drastically without changing the democracy and freedoms that we as a people posses. I feel that some people are entitled to a lot less freedom. It is true when people say, "Whoever has the money makes the rules." It seems that is what our economy has come down to, and the government needs to step in and do what is in the best interest for our nation as a whole.