Bill Still's brilliant and award winning 2 documentaries, a little old now, but timeless non the less. Everything he says or shows is fact checked. He went back to the original documents or historical sources and if claims couldn't be backed up with proof he wouldn't include them in the films.
The Money Masters
The Secret Of Oz
Then there is Michael Kumhof - Former IMF's Global Integrated Monetary and Fiscal Model planner and now with the Bank of England. Any lecture from this guy on how money should be issued and circulated. Below is just one. He discovered Irving Fisher who was considered the leading economist of the 1930's, who is all but now forgotten, when researching possible future models to fix the wolds economies and has never been the same.
Note: Irving Fisher and the other 3 economists that wrote this paper at the height of the Great Depression and circulated it out to all the major economists of the time(there were only a few hundred back then, mainly at universities) and just over 85% of them agreed this would work and be a game changer and quickly get the world out of the depression. The economists that didn't agree were mainly Rockefeller employees. Guess which model they ended up going with? Below is a short description of it's objectives and benefits.
Irving Fisher's - The Chicago Plan Revisited. It goals are below -
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Michael Kumhof - Lecture
This is just a start to understand how it all really works. I have pointed all this out here before and just get ridiculed for it and so I couldn't be bothered explaining it all myself anymore. So I just point you in the right direction and if you really are interested you will watch and read for yourself and who knows, you may actually get it and realise that we are all just suckers. BTW, Australia, when we first Federalised into a nation back in 1901, we had the Commonwealth Bank, the wholly owned peoples bank, governed by Denison Miller and King O'Malley who knew what was going on and kept the private bankers at bay, which could issue its own money debt free. No income tax. In 1920-22, we changed its charter to stop this practice and as they say in the classics, game over. Income tax and a whole lot more, the the point of where we are now with policies like user pays and privatisation of everything. The old saying rings true, "They want the World and 5%".
