Instructions
First Film Assignment: “Money as Debt”
Documentary: “Money as Debt” (2009). Directed & Produced by Paul Grignon. Documentary Site: https://vimeo.com/35742915
Viewing: View up to 24:08 (24 minutes, 8 seconds), at the section called “Perpetual Debt.”
Instructions:
Summarize in your own words the fractional reserve system, attending to the role of government and central banks in the system and definitions of the terms “fiat money” and “fractional reserve requirements.” Why does the documentary argue that money is (mostly) debt?
Formal Requirements:
Times New Roman 12-point font, double line spacing, 1-inch margins (2.5 cm);
Good grammatical paragraphs;
Effective use of key quotes
Citation(s) BY DOCUMENTARY TIME MARKERS (NOT TRANSCRIPT PAGE) and a bibliographical entry, in APA style (style sheet is on eClass); and
Please remember: to include a title page with the date, course number, your tutorial number and your TA’s name (not the professor’s name) in addition to your name on your first page;
o to only upload a Word file (.docx or .doc format) to eClass Turnitin (use “Save As” if using software other than MS-Word).
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