The Secret of Oz - English - FREE.mov

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The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing; 2. outlaw fractional reserve lending. Banks should only be allowed to lend out money they actually have and nations do not have to run up a "National Debt". Remember: It's not what backs the money, it's who controls its quantity.

• Category

  News & Politics

[bstill3]

Ok, a lot of people ask me; "What can I do to get monetary reform going -- something -- anything?"

Ok, a lot of people ask me; "What can I do?"

Now there is something you can do. I have put up a Kickstarter page to help get us through the editing of the new film, "Jekyll Island". I need a last minute boost to pay some bills.

The page is on Kickstarter dot c o m / jekyll island the documentary.

[Andybaby]

(0:45:00) I'm confused. If bankers reduce the money supply, the the value of each dollar goes up (the opposite of today's situation) - right?

[bstill3]

No. The same as today.

[tryptala]

Bill, tell me if I'm getting this right. You want us to change our privately-generated debt-based fiat money for a publicly-generated debt-free fiat money that is injected into the economy--by an apoliticized department of the federal government--through public works projects when additional money is required to increase the money supply due to the demand for more liquidity from a "natural" inflation? If this is right, how do taxes function in this system, and where are they drawn from?

[bstill3]

Well you still have to pay for things and without taxes, raw money creation would be overwhelmingly inflationary.

[DrususNeroGermanicus]

fun to see the purple jacket from the moneymasters again!

[bstill3]

You are the FIRST person to notice that. It'll come out again. Thanks.

[bstill3]

- Brilliant! You can't -- other than sucking other unknowing folks into the bottom of the Ponzi scheme.

[Tim Andrews]

This should be on TV every night until everyone gets it.

[Matthew Coppola]

All that matters is government producing the money and spending it into existence debt free. End of story!

[Freedom Tracker]

Why not simply use something like a Crown Corporation?

Admittedly they have their flaws but these can be ironed out.

If a Government created a Crown Corp. and funded it using a small amount of printed money, they could create enough income for the Government to function off of its own enterprise and no longer have to print dollars.

For example starting public water company, public hydroelectric, public paper production and so on, as a Crown Corporation (Government owned entity).

Plausible?

[Kaberf]

God is much more than consciousness. God also has a body. When "doubting" Thomas didn't believe Jesus (the Son of God) was risen, the resurrected Jesus told him "...Reach here your finger, and behold my hands; and reach here your hand, and thrust it into my side: and be not faithless, but believing."

If you really care about the truth, then ask God in prayer and he'll lead you aright.

[John C]

Ha ha! I just sucked on an ad for a BANK, shilled by that beaut, Rory McIlroy, no less!

Great documentary. I'm unsure about the Wizard of Oz symbolism, but it scarcely matters. Your explanation of the scam of the creation of money as debt was peerless.

If politicians cared about the common good they wouldn't support this DISGRACE.

Something has to change, and soon, or we're headed for a very bad place.

Peace from Northern Ireland. (We aren't all bought and paid for like Rory).

[Karma Michele]

why would we have to pay taxes? and on what? would income taxes be necessary?

[Lee Hyde]

Would said apoliticised department essentially credit (or debit) new money into (or out of) the governments coffers, with the government left to balance the books by either spending the money into the system (via public works, tax cuts, low/zero interest loans and alike) or if needed removing money from the system (through tax rises, interest baring loans and alike)?

[Serendipitous1971]

Let every 'thing' fail and every 'one' succeed, please ! 

[Nilladaspilla]

This was a great documentary. I gained a new perspective on money. I don't understand how the money supply recently got cut. Everyday financial blogs deride the Fed for quantitative easing. Does it have to do with the Fed giving money to the banks, and then they don't lend and just wipe credits from their books?

[wtfbollos]

keep up the great work bill!