oreclosures are everywhere, unemployment is skyrocketing and this may only be the beginning. Could it be that solutions to the world’s economic problems could have been embedded in the most beloved children’s story of all time, “The Wonderful Wizard of Oz”? The yellow brick, the emerald city of Oz, even Dorothy’s silver slippers (changed to ruby slippers for the movie version) were powerful symbols of author L. Frank Baum’s belief that the people, not the big banks – should control the quantity of a nation’s money. This version finally cuts several bogus quotes which have festered in the monetary reform literature for decades. The world economy is doomed to spiral downwards until we do 2 things: outlaw government borrowing and 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. The bottom line: No More National Debt. All our money is created out of debt. But nations don’t have to borrow money from banks. Sovereign nations can create their own money – debt free – just as Abraham Lincoln did.
The Secret of Oz won best documentary of 2010 at the Beloit International Film Festival; the Silver Sierra Award for Excellence in Filmmaking at the Yosemite Film Festival; the Award of Merit at The Accolade Competition in La Jolla, California; the Silver Screen Award at the Nevada Film Festival and an excellent review on Nathan’s Economic Edge, one of the world’s top economics blogs.
