Category Archives: money

Bandits, Bankers & Brokers:Keiser Report

Via: youtube

In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the bandits, banksters and brokers who will have taken all that we have got. No dollar, euro, yen or drachma will be left behind. And inflation, deflation and confiscation will take every last nickel and dime. They also discuss Americans turning their bodies into cash machines as they start selling off various organs to make ends meet. In the second half, Max interviews economist and professor, Constantin Gurdgiev, about Bail-Ins, Bail-outs and Troikas. They also discuss ‘second-rate’ Britain and a de-Americanizing rest of the world.

 

Tens of Trillions of Dollars are Being Extracted From The United States of America.

“We’ve got a real problem! This is a mathematical fact! Tens of trillions of dollars are being extracted from the United States of America. Democrats aren’t doing it, Republicans aren’t doing it. An entire integrated system, financial system, trading system, taxing system, that was created by both parties over a period of two decades is at work on our entire country right now. And we’re sitting here arguing about whether we should do the $4 trillion plan that kicks the can down the road for the president for 2017, or burn the place to the ground, both of which are reckless, irresponsible, and stupid.”    Dylan Ratigan

The U.S. Economy Is Being ‘Extracted’ By Bankers, Taxes And Trade

Beware Of The G20s’ ‘Totalitarian Tiptoe’ Toward A Collectivist World Government 

The ‘Wizard Of Oz’ as a Monetary Allegory

Via: http://economics.rutgers.edu/dmdocuments/RockoffWizardofOz.pdf

I. Introduction
The Wizard of Oz is perhaps the best-loved American children’s story. The movie, starring Judy
Garland, Bert Lahr, Ray Bolger and company, is an annual television ritual. The book on which the movie
is based, L. Frank Baum’s The Wonderful Wizard of Oz, however, is not only a child’s tale but also a
sophisticated commentary on the political and economic debates of the Populist Era.1
Previous
interpretations have focused on the political and social aspects of the allegory. The most important of
these is Littlefield ([1966] 1968), although his interpretation was adumbrated by Nye (1951), Gardner and
Nye (1957), Sackett (I960), and Bewley ([1964] 1970). My purpose is to unlock the references in the
Wizard of Oz to the monetary debates of the 1890s. When the story is viewed in this light, the real reason
the Cowardly Lion fell asleep in the field of poppies, the identity of the Wizard of Oz, the significance of
the strange number of hallways and rooms in the Emerald Palace, and the reason the Wicked Witch of
the West was so happy to get one of Dorothy’s shoes become clear. Thus interpreted, the Wizard of Oz
becomes a powerful pedagogic device. Few students of money and banking or economic history will
forget the battle between the advocates of free silver and the defenders of the gold standard when it is
explained through the Wizard of Oz.

Hugh Rockoff of Rutgers University, ‘The “Wizard of Oz” as a Monetary Allegory’

‘Wizard Of Oz’: A Monetary Reform Parable

  The Wonderful Wizard of Oz  by  L. Frank Baum