The Wonderful Wizard of Oz/money masters vid

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The Wonderful Wizard of Oz/money masters vid - 5/7/2010 7:42:51 AM

pahunkboy

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http://www.theopensource.tv/the-money-masters/the-secret-of-oz-video_82fa50cc4.html

Thirteen years ago, in a documentary called "The MoneyMasters", we asked the question why is America going broke. It wasn't clear then that we were, but it is today. Now the question is how can we get out of this mess. Foreclosures are everywhere, unemployment is skyrocketing - and this is only the beginning. America's economy is on a long, slippery slope from here on. The bubble ride of debt has come to an end.

What can government do? The sad answer is - under the current monetary system - nothing. It's not going to get better until the root of the problem is understood and addressed. There isn't enough stimulus money in the entire world to get us out of this hole.

Why? Debt. The national debt is just like our consumer debt - it's the interest that's killing us.

Though most people don't realize it the government can't just issue it's own money anymore. It used to be that way. The King could just issue stuff called money. Abraham Lincoln did it to win the Civil War.

No, today, in our crazy money system, the government has to borrow our money into existence and then pay interest on it. That's why they call it the National Debt. All our money is created out of debt. Politicians who focus on reducing the National Debt as an answer probably don't know what the National Debt really is. To reduce the National Debt would be to reduce our money - and there's already too little of that.

No, you have to go deeper. You have to get at the root of this problem or we're never going to fix this. The solution isn't new or radical. America used to do it. Politicians used to fight with big bankers over it. It's all in our history - now sadly - in the distant past.

But why can't we just do it again? Why can't we just issue our own money, debt free? That, my friends, is the answer. Talk about reform! That's the only reform that will make a huge difference to everyone's life - even worldwide.

The solution is the secret that's been hidden from us for just over 100 years - ever since the time when author L. Frank Baum wrote "The Wonderful Wizard of Oz."/snip
One can skip around in this 2 hour film. Note the recurring tension. Note also how people in the past were more tuned in to money supply issue. Like it or not this is all done by design. The top elite will buy things up for pennies on the $. This time it is different=-HELL NO.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 7:49:43 AM

MichiganHeadmast

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Print money? THAT'S the 100 year old "secret"?? Wow, this guy should write a book! He could make gobs of money! And we could just print it to pay for his books!

Too bad the Weimar Republic didn't think of this. Or Bobby Mugabe. Printing money. Ingenious. We'd all be trillionaires in days!

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 7:53:27 AM

pahunkboy

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But note how this happens over and over again. Meanwhile silly people argue over how to repay this fraudulent debt.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 7:57:46 AM

Musicmystery

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First, productivity is another way--it is not a purely monetary problem. If it were, we'd just fix it.

Second, you want to inflate the currency. That would severely exacerbate the problem--and it would also wipe out the value of savings, disrupting the economy. The dollar would plummet, and our debt problems would be far worse.

This is a ploy to increase the value of gold against the dollar--because the trouble with holding gold is that over time it's actually not a great investment in terms of returns, but only as a hedge against inflation.

In Baum's day, people wanted to inflate the currency with silver precisely because they wanted to devalue the savings of wealthy industrialists, thereby limiting their power. With new silver discoveries, people wanted to essentially create their own money. This was a plan for munchkins, not a middle class, which would have suffered from it.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:00:32 AM

pahunkboy

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This debate would flow so much better if people watched even 7 minutes of the vid.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:01:27 AM

Musicmystery

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When you have a history of posting insanity, people make better use of their time.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:21:09 AM

MichiganHeadmast

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quote:

ORIGINAL: pahunkboy

This debate would flow so much better if people watched even 7 minutes of the vid.

Or if we all got lobotomies.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:24:49 AM

pahunkboy

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MM, MI;

You guys are pathetic.

You want CNN? Why do you come here? WHY?

In your world everything is bliss. Your house- job and retirement are all secure per the future. You have no idea how serious this collapse is.

HOARD GOLD.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:28:29 AM

MichiganHeadmast

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We come hre because we love you.

(Even if you are a bit "out there" sometimes).

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:33:56 AM

Musicmystery

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I haven't even owned a TV in years. My husky destroyed it, and I didn't miss it, so I never replaced it.

I see lots of problems in the current structure. And I want them fixed.

The kooky conspiracy crap, though, has nothing to do with it.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 8:54:53 AM

DomKen

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quote:

ORIGINAL: pahunkboy
The solution is the secret that's been hidden from us for just over 100 years - ever since the time when author L. Frank Baum wrote "The Wonderful Wizard of Oz."/snip

Anyone who makes claims like this should be ignored on all subjects.

If Oz was about money. a big if IMO, it was about going to the silver standard and allowing anyone, with enough silver, to make legal coins. This would have been in response to 20 years of very tight monetary policy by the federal government, which was paying off the debt from the Civil War. The tight money policy meant that from about 1870 to 1890 the nation had a low level deflation (maybe 1 or 2% per year). This deflation was far far worse than similiar levels of inflation. Small farmers in particular were very hard hit by deflation. 20 years of terrible monetary policy led to a lot of radicalism and quite a few violent incidents. However the solution was to loosen the flow of money a little not to allow unlimited coinage.

unlimited coinage was a terrible idea in 1900 and is a terrible idea today.

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RE: The Wonderful Wizard of Oz/money masters vid - 5/7/2010 9:10:08 AM

pahunkboy

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Yes Ken, it is the crime of 1873. Reducing the money made debts, jobs hard to pay. All by design.

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