Hot Money

Director Statement

I met General Clark and his son Wes Jr. while filming Living In the Future’s Past, then met the General again at a speaking engagement two years later and the kernel of a film planted itself in my mind – a conversation between a father and son on how climate change will affect our financial system. It seemed logical to follow up to the introspective Living In The Future’s Past with a nuts and bolts view of how the machinery of our money system contributes and reacts to climate change. We lined up a broad and diverse cast of experts who’ve spent their lives doing the work. What we could see emerging was an easy to understand story whose depth is masked by its light-hearted breeziness. The Covid 19 pandemic cut short our filming and I turned to a New Yorker cartoonist to visualize concepts so somebody like me, who doesn’t have an MBA or ever worked in finance, can be simultaneously entertained and enlightened about one of the prime forces driving our world - debt.

Hot Money is an important film for right now as America stands on the brink of conflict. Many people lack context interpreting the world and this documentary delivers it. Conversations taped more than a year ago about wildfires making homes impossible to insure and the ripple effect that will roar through the financial system seem as startlingly prescient as the scenes describing populist breakdown in a country like Venezuela and how it can happen here. Hot Money offers a glimpse into our future and a chance to avoid the dangerous course we are on. To solve a problem we have to understand it.