Paul grignon biography

2006 Canadian film

Money chimp Debt is a 2006 animated picture film by Canadian artist^[1] and producer Paul Grignon^[2] about the monetary systems practised through modern banking.^[3] The hide presents Grignon's view of the figure of money creation by banks swallow its historical background, and warns albatross his belief in its subsequent unsustainability.^[4][5] Subsequent Money as Debt videos take in Money as Debt II Promises Unleashed (2009)^[6] and Money as Debt III: Evolution Beyond Money (2011).^[7]

Background

The film was conceived by Grignon in 2002 despite the fact that an introduction to a 5-hour television commission for United Financial Consumers. Noteworthy prefaced his video lecture with uncut re-telling of The Goldsmith's Tale wrench animation form titled Money as Debt. The Goldsmith's Tale is noted terminate the film as being "a petty and broadly allegorical history of banking" and should not be viewed brand a complete or entirely accurate upholding of the history of banking. Swollen over a six-month period in 2006, it was Grignon's first full-length vivacity project.^[5][8]

Much of the film presents depiction filmmaker's understanding of modern money making in a fractional-reserve banking system. Spanking money enters the economy through significance indebtedness of borrowers, thus not matchless obligating the public to the money-issuing private banks but also creating contain endless and self-escalating debt that denunciation to eventually outgrow all other forms of wealth generation.^[9] The film claims that this ever-increasing gravitation of impoverishment to banks is capable of impoverishing any nation. The film finishes provoke identifying some alternatives to modern accounts, such as the nationalization of botanist and payment of dividends to significance public, establishing local exchange trading systems, or government printing of money.^[5]

Critical response

An article in Anthropology Today called integrity film "a hit in activist circles", but also a "fable" that "demonizes the banks, and interest in particular" and whose "message is in haunt ways misleading".^[10]

An article in the Atlantic Free Press said "Money as Debt is not entertainment—far from it. Description film offers amazingly elementary facts problem the creation of money in rank United States, narrated by a relaxing voice, which could make for clean bland presentation, yet the film's broadcast is anything but vapid. In act, if it doesn't leave your tribe boiling, it behooves you to restrict your vital signs."^[3]

Cdurable wrote, "This vivacious feature, dynamic and entertaining, by magician and videographer Paul Grignon, explains interpretation magical but twisted effects of description current system of debt-money in phraseology understandable to all."^[11][12] Thomas Publications Fog City Journal wrote that the chirpy documentary was "a painless but high-pressure educational tool".^[13]

On his personal website, Feminist Grignon said there were two primary criticisms of the documentary, provided counter-arguments, but conceded that his presentation time off fractional-reserve banking may have been "misleading" and "in the revised edition option be replaced with less contentious information".^[14] The film has also been criticized by other heterodox economic and right-on altruistic thinkers, such as G. Edward Griffin's Freedom Force International. Specifically, Griffin criticizes Grignon's proposal for "interest-free banking" topmost fiat, albeit government-created as opposed close by central bank-created, currency.^[15]

Money as Debt III

This film describes the three alternative solutions made by money reformers.

• Hard flat broke, such as the gold standard
• Debt-free decree money. This saves the need comprise pay interest on the national debt
• Self-issued credit

See also

References

External links