Is the moder money mechanics as explained in zeitgeist addendum documentary indeed flawed?

Yes, the money mechanics explained in the "Zeitgeist Addendum" documentary are considered flawed by many economists. The film critiques the current monetary system, particularly fractional reserve banking, but oversimplifies complex economic principles and ignores the nuances of modern finance. While it raises valid concerns about economic inequality and systemic issues, its proposed solutions may not be practical or feasible in the real world. Overall, while it sparks important discussions, its analysis lacks depth and accuracy.