Tag Archives: fractional reserve banking

The Secret Of Oz (The Money Masters)

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‘The Money Masters’ is an excellent film produced by Patrick Carmack and directed/narrated by Bill Still, and released sometime around 2004 as ‘The Money Masters’, but repackaged and released in 2009 by Still as ‘The Secret Of Oz’ – this is the repackaged version.

It covers fractional-reserve banking, the Federal Reserve, central banking, the bond market and many other related subjects and attempts to explain why this monetary system is problematic and fundamentally flawed.

The main premise (generalised somewhat) is that the financial system has been designed and set up to reap the spoils of the many for the benefit of the few.

In this repackaged version the new premise is that ‘The Wonderful Wizard Of Oz’ by L. Frank Baum has many parallels with the financial system and perhaps the prevalence of what could be construed as hidden symbolism within the original story was a surreptitious way of ‘getting the message out’ to the people about the need for monetary reform, without Baum endangering himself in the process.

You can find quite a lot more background information about the two versions of the film here at the Wikipedia link.

What Is Debt? Money As Debt

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This is the ideal ‘starter’ video to point people towards when you are having a discussion with someone who has no idea how the monetary system really works and no clue about fractional-reserve banking.

As more people come across this subject, the typical response to an explanation of just how fundamentally flawed and skewed the whole financial system is, tends to be one of disbelief.

There are some criticisms of this film and even the filmmaker Paul Grignon admits that ‘his presentation of fractional-reserve banking may have been “misleading”‘, but it’s a good place to start.

You can read a little more about this 2002-released film by clicking HERE. Grignon has so far made three films in this series so I will also add the other two to this blog, although the third film – ‘Money As Debt 3 Evolution Beyond Money’ is not available for me to embed just yet. The second one, ‘Money As Debt 2’, can be viewed by clicking HERE.

These films are animations which, although a little basic in terms of presentation seem to be the ideal format for films of this nature.