97% Owned (Michael Oswald, documentary, 2012)
Why is it that the credit creation process is a mystery, when credit is worth 97% of the money circulating in the world?
Whoever creates the money has total influence over society. However, we know very little about who is responsible for originating it, and how.
Working with think tanks, academics, pressure groups and public records from the Bank of England, the film shows various types of currencies and different forms of money.
The film's title was taken from the discovery that commercial banks create 97% of the money in existence when they grant loans. To what end and how much is created determines the size of the banking sector, the countries' economic growth and the well-being of our societies. The film explains the relationship between money creation, growth and inflation.
Cinema at the Museum - Where does money come from?
Documentary series (4 sessions)
In collaboration with Zero em Comportamento
17th of November at 4:00 p.m., Money for Nothing: Inside the Federal Reserve (Jim Bruce, documentary, 2013) (104 min.)
1st of December at 4:00 p.m., 97% Owned (Michael Oswald, documentary, 2012) (130 min.)
15th of December at 4:00 p.m., Princes of the Yen (Michael Oswald, documentary, 2014) (93 min.)
5th of January at 4.00 p.m., The Capital (Costa-Gavras, drama, 2012) (114 min.)
For adults and youths (>14 years old)
Advance booking required
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