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September 29, 2013
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Money For Nothing: A Much Needed Examination of The Federal Reserve
— Posted by Kenny Miles
It was only a matter of time before a documentary was made about the Federal Reserve. Their policies have come under scrutiny for their involvement in the global financial woes that has hindered the American economy and worldwide financial markets. An exposé of the government agency is showcased in the levelheaded documentary Money for Nothing. Playing in a very limited release around the country, I highly recommend citizens and avid moviegoers seek this movie.
Money for Nothing highlights how the Federal Reserve, by keeping interest rates at record lows, assisted in wrecking the economy. “Capitalism doesn’t work well when it s free…and that corrupts the system,” one of the pundits says reminding us we dont have a free market system, just a pro-business one. There’s a difference. Edward Gramlich was worried about a sub-prime lending as his concerns fell on death ears. Many more economics were concerned about the housing bubble. The current issue of Quantitative Easing The conclusion to the documentary is this Financial Speculation isn’t working. What would work is finding what drives long-term growth in America is more sustainable. One of the talking heads directly quotes the iconic 1980’s pop song: “Its money for nothing and chicks for free.”
What made Money for Nothing such an important issue is the need for accountability. As an unelected body continues to make big decisions for America that effect the whole world, who will listen? There is a lot to ponder and the poli-sci geeks and economic nerds have a lot to chew on. It is worth your investment as a hard working, tax paying citizen to see this movie.
Opening this Friday at the Landmark Mayan in Denver. Filmmaker Jim Bruce In Person Fri, September 27 at 7:30pm & Sat, September 28 at 1:45, 4:30 & 7:30pm!)
This post was written by :
Kenny Miles who has written 215 posts on The Movie Blog Whether something is overlooked by Hollywood or whatever business trend has captured the Entertainment Industry’s attention, Kenny Miles loves to talk about movies (especially the cultural impact of a film). He covers various aspects of movies including specialty genre films, limited release, independent, foreign language, documentary features, and THE much infamous "awards season." Also, he likes to offer his opinion on the business of film, marketing strategy, and branding. He currently resides in Denver, Colorado and is a member of the Denver Film Critics Society critics group. When he isn’t writing, Kenny channels his passion for interacting with moviegoers (something most movie pundits lack) as a pollster for the market research company CinemaScore and working as floor staff/special events coordinator in the film community. You can follow him on Twitter @kmiles723. visit author's website | Contact the Author Around the Web
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