Money as Debt is a 2006 animated documentary film by Canadian artist[1] and filmmaker Paul Grignon[2] about the monetary systems practised through modern banking.

New money enters the economy through the indebtedness of borrowers, thus not only obligating the public to the money-issuing private banks but also creating an endless and self-escalating debt that is to eventually outgrow all other forms of wealth generation.

[5] An article in Anthropology Today called the film "a hit in activist circles", but also a "fable" that "demonizes the banks, and interest in particular" and whose "message is in many ways misleading".

"[3] Cdurable wrote, "This animated feature, dynamic and entertaining, by artist and videographer Paul Grignon, explains the magical but twisted effects of the current system of debt-money in terms understandable to all.

[13] On his personal website, Paul Grignon said there were two main criticisms of the documentary, provided counter-arguments, but conceded that his presentation of fractional-reserve banking may have been "misleading" and "in the revised edition will be replaced with less contentious information".