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Commodity money vs. Fiat money | Financial sector | AP Macroeconomics
A brief look at how money has evolved over time from being printed on valuable substances (commodity money), to merely representing those valuable substances (commodity-backed money), to not representing anything at all (fiat money).
Gold & US Dollar | Money & Monetary System | Bretton Woods | World Currency System | Documentary
End Of The Road: How Money Became Worthless - Wall Street is being occupied. Europe is collapsing in on itself. Around the world, people are consumed by fear and anger, and one question is on everyone's lips: Is the financial crisis over, or are we headed towards economic disaster? End of the Road is a documentary that chronicles the global financial collapse.
How the rich get richer – money in the world economy
For years, the world’s central banks have been pursuing a policy of cheap money. The first and foremost is the ECB (European Central Bank), which buys bad stocks and bonds to save banks, tries to fuel economic growth and props up states that are in debt. But what relieves state budgets to the tune of hundreds of billions annoys savers: interest rates are close to zero. The fiscal policies of the central banks are causing an uncontrolled global deluge of money. Experts are warning of new bubbles. In real estate, for example: it’s not just in German cities that prices are shooting up. In London, a one-bed apartment can easily cost more than a million Euro. More and more money is moving away from the real economy and into the speculative field. Highly complex financial bets are taking place in the global casino - gambling without checks and balances. The winners are set from the start: in Germany and around the world, the rich just get richer. Professor Max Otte says: "This flood of money has caused a dangerous redistribution. Those who have, get more." But with low interest rates, any money in savings accounts just melts away. Those with debts can be happy. But big companies that want to swallow up others are also happy: they can borrow cheap money for their acquisitions. Coupled with the liberalization of the financial markets, money deals have become detached from the real economy. But it’s not just the banks that need a constant source of new, cheap money today. So do states. They need it to keep a grip on their mountains of debt. It’s a kind of snowball system. What happens to our money? Is a new crisis looming? The film 'The Money Deluge' casts a new and surprising light on our money in these times of zero interest rates. _______
Rappers can't make Black capitalism work for Black people
Rappers can't make Black capitalism work for Black people
Bitcoin Documentary | Crypto Currencies | Bitcoins | Blockchain | Digital Currency | Money | Gold
Bitcoin: The End Of Money As We Know It traces the history of money from the bartering societies of the ancient world to the trading floors of Wall St. The documentary exposes the practices of central banks and the dubious financial actors who brought the world to its knees in the last crisis. It highlights the Government influence on the money creation process and how it causes inflation. Moreover, this film explains how most money we use today is created out of thin air by banks when they create debt. 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 cryptocurrency spark a revolution in how we use money peer to peer? Is it a gift to criminals? Or is it the next bubble waiting to burst? If you trust in your money just as it is - this film has news for you.
Building Atlanta: The Story of Herman J. Russell Documentary
“Building Atlanta: The Story of Herman J. Russell,” a documentary film about the inspiring life and legacy of Atlanta businessman and founder of one of the United States' largest black-owned commercial real estate development and construction firms. The nearly hour-long film took more than a year to produce and features interviews with notable Atlantans, who knew Herman J. Russell well. “For our family, having our father’s and grandfather’s story told through the eyes and words of those who knew him best is a particularly impactful approach the filmmakers use,” said Herman J. Russell’s son, Michael B. Russell, CEO, H. J. Russell & Company. “As humble as he was, I think he would enjoy seeing what his friends had to say about him in addition to seeing his life story on television. He would hope this documentary will inspire people, particularly young people, to strive even harder to reach their personal potential against all odds, and that’s what we hope it does too.” Herman J. Russell, the founder of Atlanta-based H. J. Russell & Company and Concessions International, LLC, is known for helping build the Atlanta skyline as we see it today as well as for shaping the airport dining experience for travelers throughout the country and the U. S. Virgin Islands since 1952 and 1979 respectively. However, his beginnings were humble. The Great Depression was a challenging time for most Americans, but particularly for a young African-American boy who was born in 1930 in the segregated South. As early as the age of 8, Herman J. Russell was inspired to build and own real estate, and to be his own employer. Through watching his father run his own plastering business, and feeling the urgency and necessity to create jobs during the hard economic times, his entrepreneurial spirit was born and lasted throughout his life until his passing in 2014. “Our family felt it was important to document the legacy of our family patriarch in film for generations to enjoy and be inspired by, as we were all of our lives,” said Herman J. Russell’s daughter, Donata Russell Ross, CEO, Concessions International, LLC. “We’ve always been proud of our father’s accomplishments, but to see his life illustrated so beautifully in this film is so rewarding for our entire family. We are grateful ATL PBA was supportive and interested in sharing his story with a larger audience.” The “Building Atlanta: The Story of Herman J. Russell” documentary, is produced, written, edited and directed, in coordination with the Russell family by Emmy Award-winning father and son co-directors, David and John Duke of Living Stories Film & Video. “John and I met Mr. Russell in his later years, when we interviewed him for our documentary on former City of Atlanta Mayor Ivan Allen,” said Duke. “Of his many qualities, the one that stood out the most was his warmth. As we worked on Mr. Russell’s own story, we quickly saw that he built more than buildings: The relationships he formed with Atlanta’s white business community became lasting friendships. The trust and confidence he inspired enabled a new generation of Black entrepreneurs to move into the mainstream. Herman Russell not only left his mark on the skyline of his home town; he helped to make real the legacy of a city too busy to hate.” In the documentary, the voices of Herman J. Russell’s proteges are heard, along with business partners who witnessed first-hand his challenges of the times. For example, Robert “Bob” Holder, Founder and Chairman of Holder Construction, expressed, “Herman and I were born within a month of each other, and within three miles of each other, but the two worlds could not have been more different. Everything I was born into was designed to make sure I succeeded; everything he was born into was designed to be sure he did not succeed. And Herman, in his lifetime, overcame all of that.” As a lasting legacy to Herman J. Russell, the Russell family has created the Russell Center for Innovation & Entrepreneurship, designed to encourage and support generations of entrepreneurs, especially Black entrepreneurs, as he did throughout his life. “The documentary is the inspirational back story on which the Russell Center for Innovation & Entrepreneurship (RCIE) is being created,” said Herman J. Russell’s son and namesake, H. Jerome Russell, Jr., Chairman of the Board, RCIE. “We want current and aspiring entrepreneurs to come to RCIE to reach their potential as entrepreneurs, and this film will help our members understand the legacy and foundation on which RCIE is built.”
The Rise of African-American Entrepreneurs in America
The Rise of African-American Entrepreneurs in America http://www.thephpagency.com A short video on the History of African American Entrepreneurs in America by Dr. Len Cooper and Latasha Cooper. Both are successful Executive Marketing Directors at PHP Agency out of Riverside, CA. For years, African Americans were deleted access to the paths of careers such as law, being doctors and being able to have a business. Yet overtime, as the struggles emerged and fought against, the African American community started emerging in business.