Let‘s Make Money
Let your money work for youLET’S MAKE MONEY follows the trail of our money, which Spanish construction workers, African farmers and Indian laborers multiply while they themselves are still stricken by poverty. The film shows us the acclaimed fund managers who invest their clients’ money in new ways everyday. We also see entrepreneurs exploit foreign countries to line the pockets of their stockholders, as long as wages and taxes are low and no one cares about the environment. We become witness to omnipresent greed and the resulting destruction financed with our money.
The film depicts several different layers of the financial system, and we find out how this unbelievable style of money-making came about. We learn the consequences it has for our lives. Every day, billions are transferred around the globe at the speed of light, and the highest possible interest rates, of course.
LET’S MAKE MONEY portrays some of the stopovers money makes on this journey, such as Switzerland, London and Jersey. How did this Channel Island become the richest country in Europe? Corporations and the rich make use of tax havens to avoid paying taxes. So far, governments have failed to do anything to stop it, though they make all the rules that apply to the global financial system. Since the 1970s countries have facilitated the flow of money, thereby laying the groundwork for the boom in the financial industry based in London, New York and Frankfurt.
The focus is always the interests of a small number of powerful individuals. For example, the International Monetary Fund and the World Bank have forced a number of developing countries to privatize retirement funds, electricity producers and cotton mills after their governments became vulnerable to blackmail due to deep debt. This has created a number of new investment opportunities. But this sellout of social achievements like the health system, pension insurance, power supply and public transportation is happening not only in the distant “Third” World. We’re all directly affected.
And that’s what the film is about: We’re going through not a financial crisis, but a social crisis—one we can influence with our money.
