The True Story Of Killing Pablo
Sins of my Father
This is the incredible story of Pablo Escobar, the infamous boss of Colombia’s Medellin drug cartel, told for the very first time by his son, Sebastian and his widow Maria Isabel Santos. In Nicolas Entel’s film Sebastian tells of his extraordinary childhood, growing up with a father he loved but whom he knew to be Colombia’s enemy number one. He tells of times of extraordinary luxury and extravagance, and other times on the run. And Sebastian and his widow open the family vaults to share their private and long hidden archives. But this is also the story of two of Escobar’s most prominent victims, the Minister of Justice and a politician about to be elected President of Colombia, as told by their sons. They were among hundreds that Escobar had killed in the 1980’s. The film follows Sebastian as he tries to break the cycle of revenge and assassination by seeking reconciliation with the sons of his father’s victims.
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered as money.
Money is historically an emergent market phenomenon establishing a commodity money, but nearly all contemporary money systems are based on fiat money. Fiat money, like any check or note of debt, is without use value as a physical commodity. It derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for “all debts, public and private”. Such laws in practice cause fiat money to acquire the value of any of the goods and services that it may be traded for within the nation that issues it.
The money supply of a country consists of currency (banknotes and coins) and, depending on the particular definition used, one or more types of bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts). Bank money, which consists only of records (mostly computerized in modern banking), forms by far the largest part of broad money in developed countries.
Text source: Youtube video description
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