There is one thing in modern banking that is particularly efficient – creating larger and larger debts. The movie Money as Debt, which is an animation, is the work of Paul Grignon, a filmmaker from Canada, and this movie is meant to educate people on modern money matters. As Grignon mentioned, money is a new type of slavery due to the fact that it implies debt.
This documentary breaks down every complex financial procedure into something consumable in parts, although every consumer is involved in contemporary banking.
Although Money as Debt is animated in the simplest way possible, it explains the correlation between household, corporate, and government debts or how debt has become institutionalized into the modern-day banking system, turning into an ever-expanding circle of enhancing debt. There are alternatives suggested in the documentary that put into scale this rather grim picture of modern banking: nationalizing banks, giving out dividends, etc.
