Anyone Seen The Movie 'Money Masters'?

Off Topic Politics & World Issues
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[quote]dnlcdstn wrote:
I find it fascinating how who ever is running the fed reserve keeps the public so far away from the obvious truth. Their system is genius. Whoever says that we should abolish the fed gets labeled as a conspiracy theorist or hippie or whatever. It’s like an automatic defense.
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You know who “owns” the fed? U.S. banks own most of the stock in the fed. You also know that the fed’s actions in the open market are all public record. Their balance sheet - public record. The minutes of their meetings - public record. The fed is independently audited every year and the results of those audits are, yes that’s right - public record.

The chairman of the fed is appointed by the President. The Congress outlines the rules and policy and the fed works with the Treasury in implementing those rules.

The fed isn’t “run” by sinister jews, it’s a private company that is publicly owned by the United States.

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[quote]Brother Chris wrote:
There is not quantitative difference between a recession and a depression. At least not logically. Example, the Great Depression was actually 3 recessions close together. Almost all of them can be linked to the New Deal, and the printing of money after Great Britain had devalued their own currency.

The definition of a recession is “two or more quarters of falling economic output.” The definition of a depression is “a severe recession”, so I suppose the “severe recession” part would be open to suggestive argument, but that’s the definition I understand it to be.

[quote]
Eh, I think people take it too far, however there are some wealthy families (some happen to be Jewish, which Jewish is spelled with a capital J, but they do not control the whole world) that do control large portions of business movements around the world. I actually know two Jewish brothers that attempted to (did it and then were caught) control the silver market. Successfully capturing 3/4ths of the silver market, then of course had it taken away by the government. [/quote]

I never read any of this, I would think it would be a big news story unless it happened a long time ago. But even so, this isn’t proof that a handful of evil jews are “ruling the world” through the banking system - which is my point.

One thing that I can’t get around is that if there is a secret cabal of evil jews that want to rule the world through the international banks, and this secretive cabal of evil jews has been operating subversively for 60-70 years now - wouldn’t all these men be in their 90s by now or dead? Why conjure up a good “take over the world” scheme if you won’t be around to enjoy it?

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From what I hear, the fathers pass the plan down to their children, mostly through sons. Yes, it has been quite a while ago since the brothers took down the silver market. I will find their names tomorrow and post them.

I am not sure what you mean by evil Jews, which again you spell with a capital J. I do not really believe that there is a conspiracy. Nevertheless, I would not put the idea past myself that there are power hungry people that do control large stakes of the world economy.

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[quote]dnlcdstn wrote:

[quote]JoeGood wrote:

You seem to think you know quite a bit about econ and markets. Will you watch what I proposed in my op and address what the film states? Also, why do we have to rely on fractional reserve banking and with nothing to back it? Is there no better way?[/quote]

Oh I’m not going to pretend I’m an expert on markets, in fact I subscribe to the view that its almost impossible to be an expert on markets but maybe you can focus on small enough segments to have some understanding of that portion.

All that said, I’ll watch it when I get home. All the fractional reserve system is, is leverage. Leverage is neither good nor bad except in the manner in which it is applied. Fractional reserve predates banks as it was first sued by goldsmith’s who realized that not all of the gold they held in trust was going to be demanded at any one time and they could make loans of the remainder.

Ask your self this, what would banks loan if they had to keep full reserves?

Now the part about having nothing to back it is a totally different question. When the US was on the gold standard banks did not keep 100% of their deposits in gold. In fact they only had to keep a small amount in gold in case it was demand by a cash holder in exchange. The promise of exchange acted as a defacto value to the currency. If you think their should be some form of commodity backing of the currency then I’m not against that depending on what.

A further question arises in regards to the value of The Federal Reserve. For you to form an informed opinion regarding that you need to do some reading regarding financial and banking issues prior to its forming. people often talk about what the Fed has or has not done but tend to ignore a great deal of historical financial problems previous.

These are opinions you need to come to your self but they require a lot more than one or two sources of information.

At least you are interested, most people aren’t.

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[quote]Brother Chris wrote:

[quote]skaz05 wrote:

[quote]dnlcdstn wrote:
and it’s not like this movie is shedding light on some secret cabal of a few sinister men (and “teh jooz”) that control the world, since such a cabal doesn’t exist anyways; that always seems like the narrative for any Alex Jones type conspiracy theorist.
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This would be discrediting the movie since it centers around this main point.
Also, I took accounting in college and it never really discussed fractional reserve banking and the benefits or problems associated with it.

I’m not arguing with you because I simply don’t know enough about economics (although I took econ in college as well), but I don’t see how depressions just happen. It seems like a 800 billion dollar bailout is exactly what the fed reserve would want. [/quote]

Yeah, you’re not going to learn about how the banking system works by taking an accounting class. If you’re still in school, you might want to look into econ classes titled “public finance” or “economics of money and banking”. I took several econ classes in banking and public finance in college and it’s not as easy a subject to understand as movies like this pretend it to be, it requires lots of study and lots of reading. The Federal Reserve and the banking system in the U.S. are very intricate and complex entities that simply can’t be summed up in a couple hours of video.

Recessions are a normal part of any economic cycle. A depression is simply a severe recession. Anyone who took a macro econ course should be familiar with the variables that contribute to economic recessions, but it should also be noted that these things simply can’t be summed up in a couple hours of video.
[/quote]

There is not quantitative difference between a recession and a depression. At least not logically. Example, the Great Depression was actually 3 recessions close together. Almost all of them can be linked to the New Deal, and the printing of money after Great Britain had devalued their own currency.

[quote]
Seems to me that the bottom line here for many people that use these kinds of videos as their source of information about these types of issues, is that there is a handful of jews and ultra-wealthy families that “control the world”. This simply isn’t true, and it isn’t even worth debating why. Anyone that believes that the entire world is controlled by a few jews and ultra-wealthy families would probably believe anything anyway.[/quote]

Eh, I think people take it too far, however there are some wealthy families (some happen to be Jewish, which Jewish is spelled with a capital J, but they do not control the whole world) that do control large portions of business movements around the world. I actually know two Jewish brothers that attempted to (did it and then were caught) control the silver market. Successfully capturing 3/4ths of the silver market, then of course had it taken away by the government. [/quote]

Pretty sure the Hunt brothers were not Jewish.

At least one of them is on the Council of the John Birch Society as of 2008.

26

[quote]dnlcdstn wrote:
I find it fascinating how who ever is running the fed reserve keeps the public so far away from the obvious truth. Their system is genius. Whoever says that we should abolish the fed gets labeled as a conspiracy theorist or hippie or whatever. It’s like an automatic defense.

When I watch Big Brother or Survivor I realize how and why these groups do what they do. It’s obvious to win the game you need to align yourself with other strong players and manipulate the votes to get what you want. The game they play is controlling the world and accumulating wealth. The strategies are strikingly similar.

[/quote]

I tend to agree. You cannot go against anything the governments say without being labeled a conspirator.

Never seen this one, but I’ve seen both Zeitgeists, and I must admit they do make you think.

I mean if you were to even consider the idea of them aiming for a one world currency, look at what happened to the Polish President and his men. The only country in Europe to have a growing economy in the recession, didn’t accept the Swine flu vaccine, and don’t have the Euro - and all of them wiped out in a plane crash? On top of that, there was a dude who filmed the crash site with supposed agents walking around and killing off survivors - and he was stabbed a few days later. Pretty fucking big coincidence.

I’m not saying it’s all true, but I don’t think people should be too quick to dismiss it as conspiracy theories.

27

as other has pointed out, economical crisis is a natural part of a capitalist economical system. so blaiming the fed or the government or some other entity consisting of a small real or fictiv elite is just a naive way to look at this problems.

but I agree as a socialist that a sentralbank that are private is a bad thing. giving power over a part of the state system to privatcapital cant bee good. but if the fed is privat or not, I dont know. if someone could post a link with real facts about that, and not some youtube video made by either alex jones, zeitgest or ron paul I would apreciate it :slight_smile:

warning: it may be some spelling errors.

28

Money Masters has some history in it, but it’s pretty much a toned down Alex Jones-type conspiracy video. As easy as it is to demonize the Federal Reserve, central banking is a world wide thing and has it’s purpose. Ben Bernanke is still an asshole, but I don’t think he’s plotting to destroy us all.

Anyone that wants to know about the history of international finance and why it’s essential should read Globalizing Capital by Barry Eichengreen. It’s a tough read at times, but it goes through history from like the 17th century, when international trade really started to happen.

[quote]skaz05 wrote:
I don’t see what the big deal is with the Bilderberg group. As far as I know it’s a group of intellectuals that Henry Kissinger belongs to that meets every year to get drunk and discuss whatever it is they discuss. It sounds pretty boring to me. I hardly think that any plots to rule the world are discussed at a social gathering of really old drunks that play golf and write opinion pieces about labor economics and geopolitics.
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If you want to know more about groups like the Council on Foreign Relations, Bilderberg, Trilateral Commission type groups watch those two videos. They are from the 1980’s so they’re a little dated, but he actually talks specifically about Herny Kissinger one of them. Domhoff is the one of the only sources of information on groups like the CFR that I’ve found that’s not conspiracy theory. Also, Domhoff’s book titled Who Rules America? is probably one of the most on point books I’ve ever read about American politics.

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I mean if you were to even consider the idea of them aiming for a one world currency, look at what happened to the Polish President and his men. The only country in Europe to have a growing economy in the recession, didn’t accept the Swine flu vaccine, and don’t have the Euro - and all of them wiped out in a plane crash? On top of that, there was a dude who filmed the crash site with supposed agents walking around and killing off survivors - and he was stabbed a few days later. Pretty fucking big coincidence.
/quote]

Are you serious? Did this really happen? It’s shit like this that make people go crazy wondering why? I agree. Pretty big coincidence. I’ve heard about the Clinton’s and numerous close personnel who have died. Again, coincidences. I’m just saying, all these coincidences are pretty fishy. The only ones who die are people who appose or know something about the elitests.

30

[quote]dnlcdstn wrote:
I mean if you were to even consider the idea of them aiming for a one world currency, look at what happened to the Polish President and his men. The only country in Europe to have a growing economy in the recession, didn’t accept the Swine flu vaccine, and don’t have the Euro - and all of them wiped out in a plane crash? On top of that, there was a dude who filmed the crash site with supposed agents walking around and killing off survivors - and he was stabbed a few days later. Pretty fucking big coincidence.

Are you serious? Did this really happen? It’s shit like this that make people go crazy wondering why? I agree. Pretty big coincidence. I’ve heard about the Clinton’s and numerous close personnel who have died. Again, coincidences. I’m just saying, all these coincidences are pretty fishy. The only ones who die are people who appose or know something about the elitests.[/quote]

Yeah, it’s true - well, at least some of it definitely is.

Here’s the video of the crash where they zoom into the background to reveal people walking around:

This has gone on in South America too - I think they’ve lost count with all the presidents that have died in plane crashes. They talk about the “Economic Hitmen” in Zeitgeist and explain a lot of how this works. Perhaps its farfetched, but it’s certainly plausible.

Look into it if you’re interested.