“You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out” – President Andrew Jackson addressing the Board of the privately owned Bank of the United States, 1821
This documentary The Secret Of Oz, explains the history of American money and various attempts to keep the issuance of money in the hands of the government, instead of private banking corporations.
We should be forcing our governments to reclaim the right to print and then issue currency by spending it into the economy, as a public good. Instead, we all enslaved and therefore effectively owned by private banking corporations.
Private banking corporations should loose their right to create currency and then lend to governments (us) at interest, as is the case now – meaning that all money is debt and that the money supply (the amount of money in the economy) is controlled by these private corporations, who create boom followed by bust and then go around buying-up everything for next to nothing and repossessing property.
In the solution offered at the end of this film, private banks would still have a roll to play, lending money to businesses and individuals, in a truly competitive and open market.
They would also only be allowed to lend out money that they actually have – where as today they are allowed to create money (literally from nothing) equal to approx. 10 times the actual money they have in deposits, which they then lend at interest.
The film contains the the startling claim that the amount of money in the world economy has been reduced by 40% since the ‘credit crunch’ of the late 2000’s.
The theme of the film is The Wizard Of Oz, which, so the film-makers claim, is an allegorical tale of banking and money, all of which all explained.
The Secret of Oz is made by the same team who produced the 1996 film The Money Masters, also available to watch at You Tube or Google Videos.
Complete quote by Otto Von Bismark on the cause of the American Civil War: