The Money Fix

Ratings: 6.33/10 from 43 users.


The Money FixMoney is just information, a way we measure what we trade, nothing of value in itself. And we can make it ourselves, to work as a complement to conventional money. It's just a matter of design.

Money is at the intersection of nearly every aspect of modern life. Most of us take the monetary system for granted, but it has a profound and largely misunderstood influence on our lives. The Money Fix is a feature-length documentary exploring our society's relationship with the almighty dollar.

The film documents three types of alternative money systems, all of which help solve economic problems for the communities in which they operate.

The Money Fix examines economic patterning in both the human and the natural worlds, and through this lens we learn how we can empower ourselves by redesigning the lifeblood of the economy at the community level.

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100 Comments / User Reviews

  1. Mad

    Really good ideas in this, would be nice to see this type of system being implemented more seeing as how the world is dumping the dollar & we are living in a suicide economy as it is.

  2. wannaknoweverything

    does EU uses the same method of printing money?

  3. oxoox

    Great documentary! Makes you think there is hope after all :)

  4. Guest

    all economies do. only few banks left on earth which are not controlled by the rothschilds

  5. alans

    If trust is there, system works.

  6. Agasthya Ajiz

    Freakin awesome!!!!

  7. Les Ferguson

    Great documentary.
    Thought provoking and considered.
    We need to realise that co-operation is the key.
    Thanks Vlatko.

  8. misterwong

    This was like a brain bath.Hope springs eternal.

  9. Hambone78704

    The best documentary on the bizarre myth of money I have ever seen. I'll need to watch this a second time around to catch the nuances I missed, and I suggest all do the same.

  10. Guest

    Great concept although it is hard to imagine how this could work in big cities, which is where most of the population is.
    Yes in a small town like here, all you need is a few people involved to get it running. Word of mouth would do the rest.
    I am all for it, in a way i do that in my own life. Instead of paying rent, I caretake houses for people who are either gone on long vacation or working out of town. I haven't had to pay rent since 2003 with a short exception, i do cleaning and house work, garden work, take care of animals....whatever is needed. I have lived in beautiful homes, most people who want a caretaker, don't live in a shack. I see it as recycling space.

  11. jubbs_sher

    Regarding the mutual credit system (around 1hr into the doco), what happens when say Paul fixes Peters fence (thus Paul has a credit), then as Peter is about to repay him by mending his car Peter suddenly can't because he dies. Thus Peter can never repay Paul back... Paul is always at a loss. I know this is a silly example but if there is no printed money and its all based around a promise system there'd always be bad debts somehow...

    ps great doco

  12. Guest

    The tax savings would be significant. Transition Towns are already working towards this as part of the strategy.

  13. Guest

    Well, I think this happens in the system we have now to a greater extent. Isn't that why lawyers take out ads for debt claims on estates? Not sure.

    "Clusters" would probably develop with adequate skills to meet their area's needs. It used to work not so long ago in our history.

  14. Corbin Nevermore

    Unfortunately most of these documentaries fail to mention that the US government does produce money. It is in the form of coins and comes from the mint.

  15. Radu Vasile

    if paul has credit then the comunity it self is in debt to paul. even if peter dies paul will have his car fixed. the point there is that every service to someone is a service to the comunity.

  16. Alfredo Serra

    there are ways to "system-proof" everything. as the bad behaviour derives from creativity the same should happen to catch it.

  17. Alfredo Serra

    you obviously didnt get the whole point of the mutualist system. basically it breaks the linear concept that you owe something to a particular person and you can only pay it to her. lets say your only skills are playing piano i own a bakershop i gave u something to eat but i dont need piano lessons but you can still maybe repay the community by teaching piano to someother person who would surelly there is... also you can go ahead and say that maybe your skills are writing poems or music but no one likes your poems or music and by the capitalist system you will not earn money only because of peoples "taste" in not buying your product but in reality your work is there for anyone who wants so everyone gets eventually something in return. there is work and workers just not the paper money (licensing) to activate things being done. if its possible we live in a "out of thin air money world" i think the mutualist system is much more sound.

  18. Clix (????)

    Very true. There is such trust in small numbers. 150 seems to be that right number. A guy by the name Robin Dunbar performed this research a while back and deduced this is the right number of people who can create a meaningful interpersonal relationship in a community. Beyond that number, he witnessed the group deteriorate rapidly. The number is called Dunbar's number.

  19. wishborn77

    Excellent film, very good information that needs to be educated to more people.
    The Venus Project with Jacque Fresco should be looked at more! Resource based economy please. :D

  20. Weniger Gottquatsch

    Excellent film. The calm, measured approach to revealing the way banksters have taken over most of our world is an effective way to educate people.

  21. EconSurfer

    Two questions:
    1-What is to stop a person accumulating negative credits and not clearing them? So one gets services like a boiler repair, a haircut etc but never bothers to provide anyone his services.
    2-How does one resolve situations like A provides a car repair to B and B in turn does some roof repair job for A but A thinks the roof repair job is sub-standard while B thinks it is up to the mark. Who decides whether or not B has cleared his negative credit or not?

  22. oxoox

    1 - Good question. That means that someone is receiving goods/services without giving out credits he has earned. I would think you always needed credits to be able to "shop". So I suppose that has to do with how you get credits into circulation. You could 'borrow' credits from the community, interest free of course.

    2 - That is a problem we also have today with the current system. What do you do if you are unhappy with the goods or services you are being charged for?

  23. Shannon Wise

    I have what i think is a solution for slipping an alternitive system in the back

  24. Cool E Beans

    There is a short story in the 'Science Fiction Hall of Fame Volume Two A' copyright 1973 called "...And Then here Were None" by Eric Frank Russell which will answer your question.

  25. Cool E Beans

    If you don't reveal it, we won't be able to contemplate it.

  26. Shannon Wise

    I cant say too much but i need to talk to a very skilled computer programer and a Mathematician.

  27. Jacob Solomon

    the only problem I see with this type of trade/barter credit system is how the intellectual and arts community would receive credit. Obviously you cant have writers write stories every time they want a sandwich, or have a painter paint a picture when he needs plumbing, or professor give you a lecture whenever he needs a good. I like the idea but I guess I feel like it leaves out an entire/important part of the community. How do you barter intellectual property/services?

  28. Bred Farnes

    you can still have money, just not interest

  29. Bred Farnes

    1. what stops people from doing this now?
    2. the courts would still resolve the disputes, when you did the work the contract would state it has to be done to a certain level of professionalism... also this person would be known for being shady, and would find it much harder to barter away his goods or services. The main point is to take interest out of the equation, there is no need for it other than pure greed. Fractional reserves work too, as long as you don;t have interest, eventually a system with interest will fail.

  30. cezy

    There's only one solution: everyone should work less - 25 hours a week at the most - and have hobbies and friends. Share a flat, which should be rented and not owned, use public transport instead of buying a car, and see how much less one would need to get by. And if one works only 3 days a week, who cares if the job is not creative! There are 4 more days to be filled up with all kinds of creativity.

  31. Kumamori

    Nice to see someone else voicing this way. They tried six-hour working days in France, and I didn't hear a bad word from it. Myself, been doing 10-hour workdays with over two hours on public traffic betweeen home and workplace per day, that makes over 12 hours per day if I don't be late. Gotta say I've been missing those 8-hour days, even if it means one more working day per week to me.

    But yeah, what's the point with longer workdays on easy jobs practically anyone can do when our unemployment rate is what it is. We can afford to work less for our survival these days, that's a given. It is the money fixation, the "I have to make more money"-mindset and forceful cmopetition between big companies. They say it's all good free capitalism, but look what it's been doing to the people and grassroot level! That greed, lust, and interest bloodsucking of banks, all unnecessary and harmful to everyone else except for the big guys on top. Should their moneys be used for the good of the people who earned them for the big guys, no one except maybe those big guys, would have a complain about things. If you ask yourself why people of the past haven't complained, well it was simply matter of surviving for the poorer folk. You don't wanna get fired from yuor job by spreading strange ideas on the streets. That why today's internet is so good. We can finally start developing things without letting people force their unfair conditions on us again.

    Now the next question after finding a good enough exchange system is, how do you get the message to the public when the big media most likely wants to ignore your message or at the best case, label it as crazy-talk? Banks would probably send assassins after anyone who'd get close enough to implement any better system to their country, like they did with Lincoln and JFK, so it's a likely suicide mission if it'd succeed. If there is a path to find, I will find it or at least help next generations find it till I stop breathing.

  32. Shannon Wise

    By the looks of the comments here we are all ready and willing for a new system to emerge and free us from this corupt and greed filled world.
    Now you may have noticed whilst trying to explain this definate need for change to your friends and family that thay get very interested, that is for about 2 minutes max, and then they go back to "i wonder who is going to win american idol" or "look at this new app on my i clone".

    Well this is the precise reason i have started (Say no to the dollar) it is a facebook page dedicated to monetary reform, now iv only just activated it and this is the fist place iv posted it because this is the documentary that finaly tipped me in this direction.

    Now you may be thinking how is a facebook page going to change the world,
    well the answer is ITS NOT!! neither is a documentary a polatician a protest or even a briliant idea, the only way to combat the corporations and banks strangle hold on the economy is to stop using there money.

    Now i have the beginings of a plan to implement simaler systems as the ones in this film, first in multiple small comunities around the world with would
    eventualy join together to form a real world FREE! market completly dept free.

    The only thing is i couldent dream of doing this by myself it needs lots of people with a variaty of different skills all working towards a common goal.

    I need all the help i can get so please add (Say no to the dollar) and lets get the ball rolling because if we dont, who will?

  33. Matteasmom107

    You should check out the Venus Project (Zeitgeist movement)

  34. Abe Jones

    Interesting -- a little too touchy feel-y though without answering some obvious questions.

    Mutual credit must require that a value is attached to a purchase. How is this determined? Marx and other left wing thinkers thought goods and work had intrinsic value. Few economists believe that today. The reality is that value is only what someone is willing to pay for something.

    In a barter system that valuation works well because the person bartering can fix that value. How can that happen in a mutual credit system where the person "buying" has no consequences from his/her valuation ?

  35. Abe Jones

    After a bit of googling it looks like the way valuations are done in mutual credit system is by some outside rules. So you anarchist and back to the land types will be putting up with a central authority deciding what a good is worth and what an hour is worth unless someone comes up with a better idea.

    This "solution" will work but only in a very rudimentary and limited way. Are all people of a certain occupation worth the same hourly value? People worth more will not use this system as those who are worth less won't be traded with.

  36. Shannon Wise

    would love you to check out my facebook page, discusion about this can only work to get all the bugs out.
    in my system prices will be deccided by the seller and then controlled by the market, and as it is not a proffit making sceme all members have a say in how things are run within the system and all fees will be paid in the systems currency and all surplus after running costs are refunded evenly to all members

  37. Steven Trella

    It's a nice idea and of course it works on the level of a small town and breaks down when you actually want business to function. We won't get rid of currency until we have reached a level of technology that will have machines doing everything. Then people will just do what they are interested in because the everyday concern of food and entertainment etc will be taken care of.

    Creating money from nothing really isn't a problem. Of course you have to create money from nothing. It doesn't matter what you use, local dollars or a credit/debit system, it's just another word for currency and it all relies on people putting faith in it. The problem isn't federal money it's the corruption, the influence of lobbying by those with power (corporate giants), in order to abuse the system. It's the revolving door that has allowed people with the wrong interests into the agencies that should be the ones preventing them from exploiting us.

    They replaced one form of currency for another and created a whole new world of problems. The system we have now works in principle, the problem is people are abusing it so it isn't working as it should. When the car doesn't start you don't toss it out, you get in there and you fix what went wrong. We need free information (corporations need to get out of the news business), we need transparency in government finances, and we need representatives who do the right thing over the politically expedient thing.

  38. Kumamori

    Those are real problems too. I don't honestly know if it's true that the debt money system automatically drops people like they said on the doc, call me simple if you want. It works like that in theory but it's also easily fixed by distributing new money that's not debt money. You can then pay the debt with that.

    But this current system of ours, it isn't good if it directs our thinking in the consumerist way, consume more and more for survival because you never really know when the next crisis hits in. Does it? I guess there's the thing about poverty and hard-to-get necessary good that you learn to appreciate it more, to conserve it because now you got only one secure place to get it from, unless there's some central place in that community system, like a welfare food bank where people can bring their excess food in exchange of something of value. It seems like reinventing the wheel, tho I can't see what's the harm in a simplified economy in itself. It's harder to cheat when everyone knows the rules and the game, if you ask me.

    The thing with uncorrupted media and government is, you can't expect that there's always gonna be enough uncorrupted people to stop them from abusing a shady system. You're right in that if someone should direct things from above, it ought to be the uncorrupted guys. But they shouldn't stop us from using peaceful means to live by. This car needs some serious weight removing if you ask me, and after that it wouldn't run so efficiently, yes. But it isn't a car, it's a system where you trade goods, and the point is that it ought to be fair for everyone. It's about changing a system around us.

    And by the way, cars don't usually get just thrown away. You can salvage important parts and melt down the otherwise unusable steel for reuse in places that require less pure steel quality and integrity. In same manner we ought to learn from our history and keep a record of our current system for future generations, so they can do the same. And just like smelting the steel and reusing it, we can just keep using the same infrastructure we had until now. It doesn't go anywhere even if people would come to accept a new trading system, as long as that trading system doesn't require you to throw away things for no good.

  39. Steven Trella

    I'm assuming you don't understand much about economics. Nothing you said gave me reason to think you do anyhow. In response I will simply restate that it doesn't have to be that way. If everyone wanted to be green and were more conscientious about the consequences of their purchases on the world there wouldn't be a problem. Unfortunately, most people are ignorant or callous about it because the media and the government are dominated by the unregulated/unrestrained profit seeking motives of business. It's hard to fund social programs that take help those in need when we give huge tax breaks to those who don't need it.

    Capitalism is fine when it is regulated and controlled. This video did not offer a viable solution.

    As an aside about the car, it was simply a metaphor. Personally I think we need to get rid of cars and build better public transportation systems + use bikes. You an't keep using the same infrastructure, it falls apart and becomes obsolete. For example, in the US what we need are high speed green trains connecting major cities because it doesn't make any sense to continue using the fleet of trucks and planes we do now; it isn't efficient.

  40. Mark Lepage

    The problem to me as I see it, is that scarcity comes from stock piling of money. Of course there is going to be a problem when 99.9% of the wealth (money) in the world is held by 1% (or less) of the worlds population. But this seems like a consequence of economics to me. Sure a community based moneyless economy sounds great, but what happens when the women who contributes to the community by selling apples, needs heart surgery from the community doctor? It doesn't take a genius to see that scarcity for this women has now become an issue.

    A monetary system IMO drives maybe not efficiency in actual resources (natural resources), but drives human efficiency. Why am I currently spending 60 hours a week PAYING money towards a degree in University? In the prospect that eventually I will be making more money in the future.

    A world where everything is readily available to everyone without scarcity is a idealistic world which isn't possible. There are 7 billion people on the planet, there will always be scarcity. Maybe the monetary system creates "losers", but it also supports a very large portion of the population.

    The next time you're going to pay your mortgage bill, thank the monetary system that you are actually paying for a mortgage, allowing you to afford everything else luxurious in your life; be it food, vacations, iPod's or whatever it may be. Nothing in this world is bought on principle.

  41. Kumamori

    You're right Steven, I don't understand too much about the economics, and I don't base my points on that. I base my points in common sense.

    Maybe this video didn't offer a viable solution to big towns, biggest reason being the lack of farming space unless they'd do the sensible thing and build a roof-size greenhouse on top of the apartment buildings. It just requires glass and the framework to support it. Glass is made of sand so we have more than plenty of it. Low-grade steel is good enough for it, and in less windy areas you might be able to use more renewable framework material. Watering system is easy, even if an automated water system wasn't always the easiest solution. You can hire an unemployed person to water the plants from tap water that has been purified by making it stand still. This should work on warmer countries, and well, us northern people don't have as much big cities as you do so we can keep our agriculture more to the land. The only real issue with that kind of greenhouses is the starting expense and getting permissions for it through the byrocracy hell and people who think you're a fool. Long story short, but this is my reasoning to why it can work even in big cities. This would make a slight cut to that truckline you talked about, in terms of seeing less food trucks there. But big farming companies, especially Monsanto, won't like this idea unless they can monopolise the damn thing to themselves, and that's just one more nail to the coffin.

    So I see we are both right in a way, the big corrupted corporations need to be kept back or removed from the picture if we want a lasting economy, which the trading system could offer. As long as there's enough food to trade for everyone in the neighborhood, it should be all good, right? And you know, everyone don't have to use this kind of a system, and thus this system and a nationwide system can work simultaneously.

    One thing that's really, really good in the trading system is that you can basically alter your own working hours, and possibly not having to commute to work and back. That why I don't wanna reject it just because someone says "it doesn't work" when 40000+ people around the world already been using it.

  42. Kumamori

    To the apple-selling woman needing a heart surgery, you should have government-supported hospitals for that. We do that here, and well, can't complain. It still usually costs us money but less than seeing a private doctor, and you can usually apply for a support or relief to that hospital bill. In cases like those ability to take debt for that heart surgery would be a valuable thing.

    A world where everything is readily available for everyone is an unrealistic utopia, but also a reality we live in now, as supermarkets and such. Overpopulation is an issue of it's own that is hardly solvable by any monetary system unless you implement one that denies half the population it's food supply and cause mass stravation deaths and thus reduce the overpopulation problem. But that's beside the point.

    Pure water and electricity, they still ought to be paid, and if it works only with the nation's own currency then you'll just need to have at least one person in the trading community that has a steady income of national currency from a job or pension or from an enterprise participating it, and have everyone who want that electricity trade some of their goods in exchange of that currency they can pay their bills with. But there's odd chances that people got solar panels or generators or dynamos or whatever.

    Nothing in this world is made by money, but by people. Changing an trading system won't affect that, but it does affect how much you must work and at what conditions, and how much you gain in return. Some trading systems are more vulnerable to abuse and tend to distribute profit more unevenly than others. And there's not just communism and capitalism and there doesn't have to be just one trading system everyone has to worship as their only god. That why it can work, and it does not require everyone to use it.

    Videspread small-community trading system has one more benefit. In times of a crisis your supply of food and housing is more secure, because there's no central bank that's fall could bring the country's ecenomy to a turmoil. People using small-community trading system are naturally more used to surviving without relying on such things.

  43. Shannon Wise

    in australia were i am from there is a government health plan that everyone is entitled to it's not perfect but its free. now what if the fees from the members as well as going towards running costs also provided hospitals, schools,ect remembering all surplus goes back to members and all major decisions are voted on by members its just a thought.
    i'm not thinking small, although i do think small comunities are the best place to start i think building a hole new econemy that isnt based on debt that runs in a pure democratic fashon has got to be an improvment.
    trace all money in circulation backwards and you get to a proffit making entity
    in my system you get a proffitless entity controlled by everyone.

  44. Shannon Wise

    checked out both of these, great work what a mailing list when this is up and running.
    everything is just falling in to place almost effortlessly, still allot to do though

  45. charles1957b

    This is sooo gooood

  46. charles1957b

    While I can agree on much what you are saying, I also see alternatives to the current system. I believe we can not completely eliminate the current monetary system, I do see hope that we can reduce both financial and labor burden locally. For example, if I need a tooth pulled by a dentist, I can ask area dentists if they need a room painted in exchange for their service. If this was considered routine, socially, then we might find many paintophobes who would jump at the relief of this painting burden either in their own labor or paying someone a high premium for the redecorating.

    This type of exchange may only relieve, for example, perhaps 20-25% of the local financial stressors, but I see this as very positive.

    Government interference is both un-necessary and counter-productive in this example. Both parties feel good about themselves, for what they are able to contribute. Though the dentist has outside expenses that still need to be covered, this is offset by the savings on the redecorating. Understand that no one can be forced to accept a barter agreement, any more than they can be forced to accept lower fees, (except of course when government or insurance become entangled in the mix -- I might note also -- with their own overheads/profits to realize).

  47. Mark Lepage

    And how does this not differ from the way the monetary system works now?

    Money doesn't artificially create disparity, it rids of disparity.

    What happens when none of these dentists are "paintophobes" and are fine with painting and redecorating their own rooms? Now what do you have to offer the dentist to pull your tooth?

    This documentary made good on the fact that money is a universal medium of which goods and services can be exchanged. What is the difference if you were to pay the dentist in money to pull your tooth, and then the dentist were to pay you to paint his room. Nothing. Except that if the dentist preferred to paint his own room, he isn't, like you said forced to accept a barter agreement. Now you could go paint someone else's room who perhaps is a "paintophobe". In your books, nothing has changed, and you weren't limited to seeing a dentist who is afraid to paint his own room.

  48. Paul Pedro

    1. in a monetary system you can't take goods and services without returning equal value of goods and services because you simply wouldn't have the money needed to do the trasaction. in a credit system you obtain goods and services with the provider's faith that somebody in the community will repay that value of goods or services back to him. there's no guarantee that this will happen.

    2. courts trying to decide the value of a good or service is expensive and inefficient. value should be decided in the market under the forces of demand and supply

  49. Paul Pedro

    1. for a credit system to work, ideally, there should be no "reserve" credits that can "bail out" a delinquent member. Either you provide a valuable service or you get kicked out of the community. The credit system isn't dependent so much on the cirulation of credits as it is dependent on everyone contributing value. Thats what would make the community grow.

    2. that's why demand and supply works. you, as a goods/service provider are just as much dependent on the buyers as the buyers are on the quality of your goods/services. if your goods/services are crappy, there is no demand, and your enterprise fails.

  50. Jakup Pauli Joensen

    For those who think the monetary system as it is works, only fools them self. And I also think they missed the point of this documentary movie.
    Why it doesn't work was explained very well. Bank gives a loan and wants loan + interest back. principle=principle+interest it does not add up. Therefor there either has to be created new loans all the time to pay back the interest or a heck of a lot of people go broke. There is a reason why the debt's of almost all nations have risen to astronomical proportions. To keep the economy going. And the bill always ends up at the taxpayer.
    I think the documentary was refreshing and showed very well the sides of money we rarely think about and that there is a problem.
    A good documentary about this subject is also "money as debt"

  51. Shannon Wise

    Tzm and the venus project is a great goal to strive towords but a revolution of such proportions will not happen over night, think of these systems as stepping stones dont disregard them because peter joeseph didnt say it, TZM is a movement not a cult use your own brain.

  52. BystanderA11

    Money is created when somebody take a loan from the bank???? They puff!!?? create money out of nothing?? Can somebody show me how that accounting book entry would look here? If this is true no wonder why US and EU economies are crap. It's because you are crazy!!

  53. Jakup Pauli Joensen

    Yes the whole monetary system is crazy. And you better believe it, because it is the ugly truth many people don't know. The banks are in the control of the worlds money supply. Without any loans the hole there would be almost no money. The banks creates the loans against security in real stuff. So if you would like to a house for example 100.000$ and you didn't have the cash, but you had a good steady job. The bank would (create) lend you the money and put them as credit in your account and set the house as debit in their account of worth 100.000$ or the market value. You would have to sign a promise to pay off course principle+interest. And it is here the worlds economic problems comes!!!!! NOBODY CREATES THE INTEREST MONEY. Therefor will there always be a shortage of money if not equal amount of money is created by the banks each year to pay the principle+interest. Money is created representing the real things and goods of the world.
    It is not only US and EU economies that are crap all the worlds economy are basically based on the same principals.
    And by the way.... if you think the money that you put in the bank is really yours think again... IT IS NOT. As soon as you put it in the bank account it becomes the banks property and they can do with it as they pleases. But the debit says the bank OWE YOU, so you can always come and get the money out. It is the bank promise to pay.
    Think about that next time you put your money in the bank :)

  54. amitascoupons

    A monetary system may drive people to be more efficient or productive, but only towards a specific kind of goal which fits within the monetary framework. It's great that money can motivate people to improve their quality of life and prepare for the future, but money doesn't necessarily make you want to expand your mind or learn anything new. Money can certainly drive people to do all sorts of things including sell drugs, rob banks, lie, cheat, have sex with strangers, and kill people. Money can also, as Chomsky noted, drive people to be desperate and work in jobs that are torturous. To say that money drives people to do great things which therefore justifies the terrible things it can motivate people to do, like poisoning the Earth and exploiting undeveloped nations, is preposterous.
    We must value each other as people, not as human resources, just as we must value the Earth for what it is - our only home, not just a collection of natural resources waiting to be dug up or cut down. I think that if the lady selling apples can get dental work done, she could have her community doctor perform heart surgery because they have created a community where everyone's time and services are equally valuable. It isn't that heart surgery is necessarily valued more than growing apples, but that the surgeon would be willing to help out the apple lady who is his friend and member of the community. Of course there will always be some sort of scarcity, but the disparity is astonishing. While we do not have the resources for everyone to be wealthy by the American standard, we do have the resources on this Earth for at least most people to have food, water, and shelter, yet over 16,000 children die every day of starvation. We cannot exaggerate this scarcity to say that it justifies lavish quality of life for some and condemnation for others.

    But, I can see that your reasoning has been affected by capitalism. I used to feel the same way when I used to participate more actively in capitalism and just "not worry" about it. Ever since I stopped caring about money and trying to barter my goods and services when possible and find ways to sustain myself for free or very cheap, I feel happier. I look back and feel that I used to be much more selfish, which I think money does motivate people to be. We need to understand that sharing is far healthier for our society than competition and greed. I do have an Ipod that a friend gave me for free, but I would certainly give it and nearly all my other creature comforts if it would help people who struggle to survive everyday. I don't think this movie is trying to argue that it is possible to have a world where nothing is scarce, but to work towards narrowing the gap between the impoverished and the ultra-rich. I will not thank money for anything in my life, because it is merely a thing, and should be treated as such - that is the whole point of the movie, not to achieve a utopia. We have money to thank for much evil in this world as well as the ability to pay bills and own a house.

    The system doesn't just create "some losers", it creates casualties, it kills people. 25,000 people die every day from hunger and billions of people are impoverished and unable to support their families. MOST of the WORLD is losing in this system. The idea that food is scarce is a myth - in fact, we do produce MORE than enough food to feed everyone and are capable of producing more. The problem is poverty - that they do not have the means to obtain food in this kind of economy. You can go to and see the stats yourself. Talk about the short end of the stick.

    Sure, this monetary system has obviously been favorable enough to me that I have internet access and many other luxuries, but I cannot simply brush it aside and say, but for the grace of Money go I. This system has blessed some people with opportunity, but for others who were in the wrong place at the wrong time, it has crippled them and their families. If people continue to think and behave selfishly all for the sake of maintaining any system, we are surely doomed.

  55. Nolan Gilbertson

    Money will soon not exist. In fact, it does not exist now. Money is just another extremely efficient way to control the populous. Eventually, we will all do for one another what we know how to do, and love to do, and thus all will be provided for. There need not be any argument, as time will show this to be correct. If we all paid attention to Universal law as opposed to government law, it would never have come to this. If you disagree, well, you have an infinite number of lifetimes to figure it out, I, however, am moving on. Enjoy yourselves, it's the only thing thats matters.

  56. megan2

    I know we all like kick dirt in the face of the banking system, myself included, but lets get our story straight. When my bank issues me $100,000 of made up money to build a house, they've done a huge service not only to me and my family that needed a house, but also to my builder. Without the bank, I would have to save up for 20 years to pay for the house (by which time my kids would have left home anyway), and my builder would have to wait 20 years to get the job! So what the bank has done is bring that transaction forward by 20 years. They have also taken on the risk that I'll default. They ask in exchange an interest rate. Can we blame them?

  57. GlialFlatulence

    Lynne Twist: the most insidious and tragic lie is your plastic surgery!

  58. David Nicol

    The first 25-30 minutes are very basic monetary concepts... still a decent watch, but i thought much of this was common knowledge.

  59. darko m

    Hmm really? and who made up that a house has to cost 100,000 $?
    modern society has taken away from us the basic stuff nature gave to us---> walk somewhere and build a house in 1-2 days out of stones or whatever convenient material is out there, for no cost at all but the 'cost' of your manual labor. When you die you get buried in a grave pit outside (or in the house depending of the culture, cremated itd..) but now you cant do even that, after paying for the house you have to pay for a grave place ---> actually a kind o rent it is, cos they throw your bones out after 100 yrs or more :)

  60. Andrew Allred

    Don't be a moron. She's not comparing a 100K house a pile of rocks, she is comparing it to a normal house. There's something called demand that bids up the prices for homes, and something called supply that brings it back down. The natural equilibrium reached is the market price of a house, which obviously will fluctuate with changes in the supply and demand curves due to changes in the overall economy.

  61. Andrew Allred

    It's because we use the Fractional Reserve system. If you personally deposit $1,000 at your local bank, they're going to turn around and immediately loan out as much of that money as they can so they can receive interest payment from loaning your money to someone else. Legally, they can loan only $900 (90%) of your $1,000 that you deposited. So perhaps your neighbor has an account at the same local bank and wants a $900 dollar loan. Perfect for the bank - they just take $900 of your deposit and loan it out so they can make maybe 50 or 60 bucks in interest. The point being, banks usually only actually keep 10% of your money. So for every dollar deposited, they turn it into $10. If the required reserve ratio is 10%, then everything deposited increases the money supply by a factor of 10.

  62. ade fell

    But it continues...

    And then, whoever receives that $900 will put that in a bank which that bank loans out 90% of it again. And on and on and on like Russian Dolls getting smaller and smaller the banks keep lending out the money. It only stops if someone in the chain doesn't put their money in a bank.

    By the end the original $1000 is more like $100,000 all money created from nothing at all.

  63. DocLover247

    Heh, I like your take on the banking system...
    Unfortunately you need to take things a bit farther

    Did you know...30 YEAR mortgages are a NEW concept?
    People....who suffered thru a REAL depression, actually paid CASH for their homes? let's break this down...

    People who suffered the greatest financial meltdown in US history..
    were able to buy a home with cash, and it DIDN'T take 30 years of saving...

    So what does that REALLY mean?
    It means that thru the money supply/dollar devaluation...
    It means thru the price inflation robbery because of the money supply..
    It means that thru wages that will not keep up with REAL inflation..
    It means that thru fractional reserve banking...

    YOU, and I, as average citizens, in reality...are more POOR....then people from the post depression era. lol
    Funny...yet sad...and very true

    Banking today = Debt = Money

    People from the depression DIDN'T need....
    credit cards...home equity loans...mortgages..payday loans, car loans
    and on and on...
    They worked a job....saved for awhile...and bought it
    MOST people just think this was just an ODD way of doing things...saving then buying. But when you dig find that prices were in line with wages, which banking today ...has totally took this out of harmony.

    You can say banking is doing you a service, when in reality, they are actually doing you a dis-service by the constant perpetuating of debt.
    Look at prices from history...
    Then look at wages from a job back then to now..
    A car was let's say 20x cheaper than today..
    But the wages of the same job today is only 10x for example.

    Robbery..plain and simple
    And it's going to get worse
    Wooo Hooo !!

  64. Jake Chelonia

    We do not borrow money from banks. We merely think we borrow money from banks. The bank gives nothing up in lawful consideration but merely publishes the evidence of our promissory notes to eachother at almost no cost or risk to themself. Google Mathematically Perfected Economy, Mike Montagne.

  65. Rainmaker

    The first half of the documentary is brilliant, it does the job of describing the monetary system in much more clear and profound way than The Money Master's, Money as Debt, etc.

    But then come the community currencies, and it just doesn't make much sense! With community currencies or credit exchange, who defines the value of your skills, your products and your services? In my opinion, this is just going into the direction of no further development, a dead end.

    However, what DOES need to be changed in our system, is the SCARCITY OF THE MONEY, the money supply should be sufficient AND should be well regulated BY THE GOVERNMENT, not by some for-profit private institutions. (Not to say that governments should always act within the framework defined by the constitution, and should be prohibited from making subjective decisions that may have serious consequences for the whole nation!)

    All it takes is to consider good examples of economies (i.e. countries) with low public and external debt, and to learn from them how to efficiently manage the monetary system. No need to re-invent the wheel.

  66. Kumamori

    The people in the start of this document reminded me of what's really important. No matter how much you change the monetary system, no matter what kind of system you make, there's always the thing of what you do in order to get food? Because that's what everyone needs money for these days! I'm not about to suggest that everyone would be entirely self-sufficient in their food-production, but taking a few steps that way wouldn't hurt. If you look at that scene now, it's big big farms, poor poor farmers. Who does that serve except the few people who really own all that land? The farmers may own them in name, but in many cases companies like Monsanto own the farmers, against their will far too often.

    The problem in today's farming is, that it needs a background of oil, metal and humanpower industry behind it, to work repetitive, dull drudgery work or with big machines and all those poisons they put on land. All this and it's a very inefficient way compared to having many smaller scale natural farms in the same land. Especially so if the land is desert, wetland or other harsh land, since natural farming thrives where conventional fails, mainly due to helping nature handle the water cycles properly.

    The beef here is, after you have food producers on your side supporting a more humane economy, you won't really need to worry much about anything else, apart from government interventions, which can be dealt by voting, at least to an extent. As long as money has a sovereign control on your food, you're tied to that money. I don't wanna be tied to anything in that manner.

  67. am153

    this doc is spot on.

  68. Tom Rabbitt

    socialist propaganda video

  69. Kumamori

    You have a good point. One of the strong points of our current system is how it regulates the values. It's also it's weak point if you ask those who don't get off so well from their hard work. That why I think the issue is not just money, but why we even need the hard work. Why must it be the only option? If you can be self-sufficient in your basic living and produce a bit more than what you use, then you don't need to submit yourself to a hard work with little pay. If we can achieve and maintain that self-sufficiency, we can, through our own choises of where we work or do we work at all for other people, through that we can set the values for work. Values that resonate with how much someone actually values your work and on how much the worker thinks the work is worthy of, instead of work value being based on a "do this or you don't eat nor live indoors" mindset.

  70. dfreitas85

    Great documentary! Not quite what I was expecting the subject to be about, but it is a very enlightening, very good, with a positive perspective and outlook, on our current crises, and also on how we can grow as humans, societies, and communities. Definitely recommended!!!!

  71. Kris Fowdar

    the content of the doco is awsome..but i was more impressed by the way it was presented coz i think it has been explained in very simple and easy to grasp terms.. targeted at a much larger audience...Keep up the great work!!!

  72. Julian Anderson

    this is amazing...our "system" is not working...many can agree on that...if all are in agreement that our current Monetary beliefs are in need of evaluation then we should all begin a dialogue...let's begin to ask each other questions in the nature of a fair replacement for our existing ideas...

  73. Thomas Euler

    The problem with your reasoning, Steven, is that you try to change the individual rather than the system. Yet, experience and research in man-made systems shows, that there is a natural tendency in people to 1st figure out the rules of a system and 2nd bend it to their own benefit aka game the system.

    Hence, it often proves more efficient to change the parameters of the system (the game's rules) in order to achieve the outcome wished for.

    The problem of course is, that monetary systems, especially in our globalised world, are tremendously complex. Hence, it is very hard - if not (almost) impossible - to come up with a new, working system that has no or at least less unforeseen, unbeneficial effects.

    I tend to believe that there are some basic flaws in our economic and monetary systems and that they ultimately need to be altered because it's easier - though still extremely tough - to change a system than to change humans. But of course I don't have a solution at hand. But thinking about new, out-of-the-box approaches is always a good idea.

    Like in businesses' competition that drives innovations and better solutions to a given problem, the same is true for systems. We should never get stuck at believing that what we have right now is the best possible solution. It's bad for business and bad for development of society. Only in constantly questioning if the systems we live in are still adequately equipped for the environment in which they exist will we be able to maintain a functioning society (of course this is true for any other system as well).

  74. Brian Cooke

    As the documentary clearly points out, the problem isn't the original $100,000. It is the interest. Interest that is never created. That is why the house is so much in the first place. Decades of compound interest at exponential rates.

    Money is arbitrary. It is exchange of work hours that counts. With compound interest, you pay the labour hours required to make 2 houses just to get one. Over the whole system, this clearly cannot work.

    At the least, banks could just charge a flat rate fee for *their* labour hours in arranging and managing the loan. It would be far, far less than the exortionate mortgages we have now

  75. Brian Cooke

    Peter doesn't have to pay Paul back. Mutual credit would put a minus to Peter and a plus to the Paul at the time the fence was fixed. Paul is in credit, so has not problem. The whole point is not that "x owes y" and that "only y can pay back x", but just recording each individuals status in relation to the system. The amounts are changed by transaction with anyone.

    The huge benefit is that no hucksters get richer than rich just by charging for the luxury of recording your balance.

    What happens to peoples balances when they die is another issue, I would assume the creators have figured something out as death is a fact of life!

  76. Ricky Ratnayake

    I wouldn't like to live in a house i built my self .... i'd rather pay people who have skill in building houses to build it for me ...and I'll do what I'm good at to earn money to pay them>>> this doco has got most of it flipped around; start with the real economy , which has value in labour and products of labour, productivity increases when you specialise labour >> carpenter specialises in house building and money allows individuals to specialise >> leading to greater overall production in the economy

    But it's true that america's monetary system is a little bit stinky, I live in australia, and here the reserve bank is independent of government and private banks (but they can't exactly force banks to follow suit with monetary policy decisions, they just make it financially painful for them not )

  77. Ricky Ratnayake

    Sigh....there's so so many things screwed up with your world/spiritual view. What universal law? ... ultimately there's only biology and whatever laws were coded through evolution, and that unfortunately is hopelessly flawed (nature has no foresight).

    Money wasn't created to control anyone ... and it isn't used to control anyone ...and what's this hippy poop about nature being a communal bank and always abundant? ... everything natural isn't automatically "good", nature has no morality ... and these aren't "cultural lies" ... nature has limited resources .. and money is a way of managing those resources ...

    this doco misses out a huge chunk about monetary systems, Inflation ... if money isn't scarce then the value of the "money" falls in relation to what it can buy, so banks can't infinitely make money because the money they will earn in interest will be valueless, and they're exposing themselves to huge risk of bankcrupcty

    Also scarcity isn't culturally created!... it's biologically instated ... if we don't feel "want" and anxiety over scarcity ... we won't do anything .... look into biology and psychology (read the blank slate by steven pinker) >altruism is also biologically instatedthe speakers in the doco are terrible with evidence ... they keep using 'opinions' and some spiritual mumbo jumbo... and kinda pretend they know how humanity works<

  78. thomas_5900

    I just spent 11 minutes listening to id**t's points of view on money.

    My family is a complete failure. college, housing, food, every dime is going to be up to me.

    It's all about not being a id**t and playing your cards right.

    If you spend money on the lottery, you're a id**t. Anybody living in countries such as America, Canada, the UK or anywhere else that isn't a third world country has the potential of being successful and rich no matter what kind of family they were born into and no matter what situations they have experienced, unless they are physically or mentally disabled.

    People just CHOSE to be unsuccessful because they spend their lives chasing their tails around and refusing to hold them selves accountable for their mistakes made in life and therefore refuse to learn from them. Instead, they chose to make excuses such as "It's not my fault, I was born into a poor family" and other bull**** excuses to protect their egos.

    Same goes for people who are depressed; they chose to be unhappy and live a life of self pity.

    The majority of the world's population depend on the idea of a "God" to comfort them, and choose to PRAY for money instead taking the productive steps necessary for reaching success.

    Another excuse is "it's not in god's plan for me to be successful", yet another way of not being responsible for their own success. I could go on forever giving these sorts of examples of human stupidity, but rather not.

    It all sums up to the phrase "survival of the fittest.", and of course the smartest. This is social Darwinism, get used to it.

  79. budge5

    hippi dippi nonsence
    its called popularly the black economy - no TAX

    NO hospitals schools or law :- yipee

  80. john Palermo

    Well presented although important facts are lost in a dual message where the two points vie for credibility and essentially cancel one another out as a whole.
    After reading a few of the pundit responses I am at a loss for words and left with just this one thought and a basic comment on content "As Rome burns".....
    I hope they can at least start to accept some of the facts soon and join those who wish to change this obviously corrupt system for the better. Sure a lot of the presentation comes off as and may be tree huger propaganda but the larger and wholly factual aspect is whats important to acknowledge.

  81. Guest

    Decent doc. Most interviewees made good points. The glaring exception was Constance Rice, who should herself to be a bigot and a misandrist and whose presence in this film served to cloud its central message.

  82. maleman112

    Simple, but most wont get it....sad how important money is to us, but lack the understanding

  83. manfruss

    There is also an aspect of equal opportunity. In any first world nation, someone born poor is far more likely to stay that way, without access to the best education, the best living environment. This does cause an issue, where it become much harder for someone to make it big, rather than just be lucky and born big.

    Also, since we live in a global economy, with global issues, and everyone is all interconnected. We have to consider the equality and well being of anyone, regardless of country born. Someone born to the poorest parts of Haiti, has the exact same rights to life, and resources as a Wall Street Billionaire.

  84. kev_FFF

    right now, right now im worried about money.

    that line says it all.

  85. vvindred

    i pretty much agree with you , but i think we better take into consideration that third world countrys total for sure more than 50% of the population so i guess over 3 billion people are born slaves, and another thing Charles Darwin never used the phrase "survival of the fittest." , it's just an excuse...all the best

  86. Robo Pastierovi?

    anyone heard of BitCoins yet?

  87. Aart van Baren

    The thing is that you generally pay more interest on a loan than you can receive dividend, if you were to put that loan on a savings account. So it's very unlikely this will happen.

    If you invest the loaned money in a (hedge) fund owned by a bank then the bank has to invest the money in the fund, because the invested money is actively used to make more money, so it can't be loaned to someone. This is done by investors when interest rates are low and the stock market is booming.

    If everything goes well, you can gain money by doing this and the bank will gain also (they also want a piece of those earnings). If you lose the money and it is a fairly small amount (10.000 - 100.000) you still need to repay the bank the sum you loaned. If the money you lost was a very big amount (1 billion) the bank has a problem, because the likelihood that you can repay them is alot lower. And then the bank's house of cards collapses.

  88. Aart van Baren

    If you put it this way, the bank has given the economy a boost. The big thing you left here though is how you're going to repay the loan. You'll probably will work to repay your loan. So where does your boss get his money from. Hopefully he runs a profitable business, so his income comes from buyers. But where does the buyer's money come from? This can go on and on until you get back to where it all started. THE BANK! So indirectly someone that took out a loan (and also paying interest) is paying you so you can repay your loan. In the long run this means that someone has to default. This is the cause of scarcity and the whole rat race. In the doc they also explain this concept.

    What they didn't mention is that a product or a service doesn't have to have a fixed value. It can be that the first one buys it and then resells it with a profit. Can also be the other way around ofcourse. You buy something and then try to resell it, but nobody is interested for the price you're offerring the product so you cut your losses and sell it anyway.

  89. Colin Perkins

    Its hard to imagine that the monetary system we have was NOT created for a nefarious agenda, that they were altruistic when they came up with this. In fact, its impossible to believe.

  90. David Foster

    "Money is just information, a way we measure what we trade, nothing of value in itself."

    Correction: Money is the chain that binds you to the landlord --an entity which calls itself "government", which WE OURSELVES have created out of our own fears and superstitions-- who, for allowing us the privilege of living on "HIS" land, demands that we pay "HIS" taxes.

    This "Benevolent Provider" and "Defender Of The People" generously affords us the opportunity to earn whatever monies are required to satisfy "HIM"; as well as to procure sustenance and amusements for ourselves and our loved ones (now that the land is no longer OURS) by playing servant to "HIS" industries.. something you will find you are morally obligated to do *by your society* for the duration of your adult life. Whether or not you agree to this contract is entirely irrelevant. You were born into this servitude.

    This is what money IS, and what it has ALWAYS BEEN. It does not matter what color you paint it, or what shiny substance you choose to represent it. It is merely a talisman of that which you believe you can OWN; and a portrait of that which OWNS YOU!

  91. Nuno da Silva

    Time should be the only value that money is based on.
    think about it, it is the only measure that is the same on the entire world.

  92. Richard Boase

    I disagree with this. Because an hour's worth of banker's time has a different value to a hour's worth of jeweller's time...

  93. Ted Troth

    the narrator's voice is distractingly bad

  94. Lance Harvie

    Open Source & transparent living will become the norm - barter on a global scale will replace the conventional notion of money - technology will be the enabler. It will happen faster then you think. Look for evidence at the pace of technological change as it accelerates exponentially.

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