Friday, May 4, 2012

Wizards of Money

The Wonderful Wizard of Oz - A Monetary Reform Parable

The Wonderful Wizard of Oz by L. Frank Baum (Chicago, 1900) is a parable about Money Reform and the 1890s Midwestern political movement led by William Jennings Bryan (1860-1925); three times candidate for President of the United States. From 1891-1895 Bryan served in the House of Representatives, where he advocated the coinage of silver at a fixed ratio with gold, in order to break the bankers monopoly and manipulation of the gold-backed currency.

THE WIZARDS OF MONEY Part 1: How Money is Created

This is your Money and Financial Management Series but with a twist. My name is Smithy, I am from the land of Oz.

- Oz, short for Gold Ounces, is probably short for the Gold Standard.
- The Wizardry in Oz may refer to the mysterious money making process itself.
- The YELLOW brick road to Oz, is probably the way to the gold standard.

- Emerald City is likely another word for WALL STREET, where the wealthy financiers who owned most of the gold were based, and where green glasses (green for money) were worn.

- Dorothy's shoes in the original book were SILVER, not red as in the movie, and likely represented the other component of the bimetallic standard.

- The man operating the Wizard possibly represents the financiers behind the presidential candidate at the time who favored the Gold Standard. This candidate was William McKinley.

- Wizards of Money, as in Oz, is a most appropriate name for those who are responsible for the mysterious money making process today. In this process, as we shall see, money is essentially created out of thin air. It is only the Wizards who get to practice this art, and they do so in the absence public scrutiny which might ruin the magic.


1 How Money is Created
2 Financial Risk Transfer
3 Banking on Poverty
4 Wizards and Warlords
5 Monetary Terrorism
6 Democratizing the Monetary System
7 Money Cycle vs Water Cycle
8 Trading Nature & Cooking the Books
9 Jack and the Sweatshop
10 Back to the Twenties through the Looking Glass-Steagall
11 House Lever-Edge at the Derivatives Casino
12 The Imperial Budget and the Mythical Lock-Box
13 Bankruptcy Bill's Shootout at the Social Safety Net
14 The Trade Federation and the Intergalactic Banking Clan
15 Homeland Securitizations & Overseas Vacations
16 There's a Generic in my Sharkfin Soup
17 Caught Between a Dock and a Sweatshop
18 Where Wall Street Crosses Auburn Avenue
19 The Education Sweepstakes
20 The Battle of the Dragons - Oil vs Insurance
21 Playing Russian Roulette in the Carbon Markets
22 Ecotainment Gossip...Mickey Mouse & Smokey Bear?



1) - One 512 MB File (WinRaR)

2) - Individual MP3 files

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