Poverty Inc. (2014)

Directed by

Gary Null

Genre

documentary film

Country

United States

Elsewhere

IMDb

How it feels

This documentary argues that the Federal Reserve operates like a pyramid scheme. It examines the 1913 Federal Reserve Act and the repeal of the Glass-Steagall Act, claiming these events allowed banks to gain excessive power.

informativecriticalsoberinvestigativethought-provokingpoliticaldenseanalytical

What happens

Poverty Inc. is a 2014 film by Gary Null and Valerie Van Cleve which "claims that the Federal Reserve, like other central banks such as the International Monetary Fund and the World Bank, is a pyramid scheme." The film, characterised as an "advocacy documentary", looks at the signing of the 1913 Federal Reserve Act by Woodrow Wilson and the demise of the Glass-Steagall Act, which it asserts "effectively turned Goldman Sachs from a financial casino into a commercial bank with full government coverage". The Federal Reserve is portrayed as "an unconstitutional lobbying body for commercial banks that prints money out of thin air". (from Wikipedia, CC BY-SA)

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