The U.S. Federal Reserve announced they will start raising interest rates in the last week, which signals a new economic era of credit tightening and deleveraging. This makes it more important than ever to understand how money works.
I think the nature of money and credit has to be one of the most misunderstood things in the world. Fortunately, there are a lot of great documentaries on finance and economics that can help demystify what money is and how our economic system actually works.
Here are 3 documentaries I recommend watching if you would like to have a better grasp of how money works in our economy and what the future holds for money and economics in the 21st century:
1. How The Economic Machine Works:
Legendary investor Ray Dalio gives a simple but not simplistic and easy to follow animated video answers the question, “How does the economy really work?”
This short documentary is based on Dalio’s practical template for understanding the economy, which he developed over the course of his career. The video breaks down economic concepts like credit, deficits and interest rates, allowing viewers to learn the basic driving forces behind the economy, how economic policies work and why economic cycles occur.
2. Bitcoin: The End of Money As We Know It
This Bitcoin documentary traces the history of money from the ancient world to the modern trading floors of Wall Street. It exposes the practices of central banks and financial speculators who brought the world to its knees in the last crisis.
Epic in scope, this film examines the patterns of technological innovation and questions everything you thought you knew about money. Is Bitcoin an alternative to national currencies backed by debt? Will Bitcoin and crypto-currencies spark a revolution in how we use money peer to peer? Find out by watching this documentary film.
3. The Four Horsemen
The Four Horsemen is an award-winning independent feature documentary which lifts the lid on how the global system of financial capitalism and money really works.
It is free from mainstream media propaganda — the film doesn’t bash bankers, criticize politicians or get involved in conspiracy theories. It ignites the debate about how to usher a new economic paradigm into the world which would dramatically improve the quality of life for billions.
“Four Horsemen is a breathtakingly composed jeremiad against the folly of Neo-classical economics and the threats it represents to all we should hold dear.”
– Harold Crooks, co-director of The Corporation and Surviving Progress
Watch these documentaries and you will have a firm basis for understanding the present and future of money and economics.
Feel free to share any other money or economics documentaries that you’ve found to be worth watching in the comments below.