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Hot Money

But, look, we needto set up something that people canunderstand how it works

But, look, we need
to set up something that people can
understand how it works

Full Transcript

00:00:01.000 --> 00:00:03.502
- But, look, we need to set up something
00:00:03.502 --> 00:00:05.047
that people can understand how it works.
Duration
5 seconds
Views
21
Timestamp in Movie
00:32:16
Uploaded
May 25, 2025
Genres
documentary
Production
N/A

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Movie Summary

Former NATO commander Wesley Clark and son explore economic forces linking various sectors, revealing interconnections that can lead to collapse and potential solutions to untangle them.
We have like a grocery farmer, another store here - Hot Money 00:15
We have like a grocery farmer, another store here
So, but the first thing I gotta do is change - Hot Money 00:16
So, but the first thing I gotta do is change
- We have a huge financial system compared to what the, - Hot Money 00:11
- We have a huge financial system compared to what the,
(upbeat music) (people chattering) - Hot Money 00:06
(upbeat music) (people chattering)
- What we were talking about was trying to explain - Hot Money 00:11
- What we were talking about was trying to explain
- I don't know if it's gonna work. (laughs) - Hot Money 00:14
- I don't know if it's gonna work. (laughs)
John works at the grocery store - Hot Money 00:11
John works at the grocery store
- He doesn't have enough money from his earnings - Hot Money 00:23
- He doesn't have enough money from his earnings
- Well, - Hot Money 00:04
- Well,
Okay, so here's the money and-- - And by the way, this is just - Hot Money 00:07
Okay, so here's the money and-- - And by the way, this ...
Just tell him yes, tell him yes, come on, - Hot Money 00:05
Just tell him yes, tell him yes, come on,
- We typically think that bank takes deposits from us - Hot Money 00:05
- We typically think that bank takes deposits from us
The balance sheet equates one entry on this side, - Hot Money 00:11
The balance sheet equates one entry on this side,
- In the old days, - Hot Money 00:09
- In the old days,
So the bank takes the IOU, and the bank sells the IOU - Hot Money 00:09
So the bank takes the IOU, and the bank sells the IOU
- Then once I have this mortgage and maybe the mortgage - Hot Money 00:21
- Then once I have this mortgage and maybe the mortgage
(retro jazz music) - Hot Money 00:19
(retro jazz music)
- Which means I can make loans off these things, - Hot Money 00:05
- Which means I can make loans off these things,
(water splashing) - Hot Money 00:10
(water splashing)
In some cases, they're just buying a slice - Hot Money 00:07
In some cases, they're just buying a slice