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* [[User:Xiutwel/The Money Masters]]
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{{Infobox Film
| name           = The Money Masters
| image          = NonFreeImageRemoved.svg
| image_size     = 
| caption        = 
| director       = [[Bill Still]]
| producer       = [[Patrick Carmack]]
| writer         = 
| narrator       = [[Bill Still]]
| starring       = 
| music          = 
| cinematography = 
| editing        = 
| distributor    = 
| released       = 1996
| runtime        = 210 minutes 
| country        = {{USA}} 
| language       = [[English language|English]]
| budget         = 
| preceded_by    = 
| followed_by    = 
}}

"'''The Money Masters''' is a 3 1/2 hour non-fiction, historical  documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden  manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning  sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the  yoke of economic slavery to a privately-owned "central" bank was first forced  upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers."<ref name="site">[http://www.themoneymasters.com/synopsis.htm theMoneyMasters.com]</ref>

==Argument==
The film argues that the profit from issuing money is currently being used in the United States to benefit a few wealthy individuals.  It goes further and argues that this situation should be remedied, so that the profit benefits the public good, as during four periods in the history of the United States.  Finally it presents a bill, the [[Monetary Reform Act]], to implement such a remedy.  As support, the film provides many quotations from notable figures including [[economist]]s, members of the [[financial system]], [[British monarchy|kings of England]] and [[President of the United States|United States president]]s.

===Private central banking and fractional reserve banking===

The film criticises [[fractional-reserve banking]] and the control aspects of both modern banking regulation and [[Central bank|centralized banking]] systems such as the [[Federal Reserve System]]. It describes the history of money and [[banking]], how central banks came to be and how they operate.

===Money creation ===

The film describes how the [[United States Congress|U.S. Congress]] gave the power of money creation to private banks through the [[Federal Reserve Act]] and how the banks accumulate large amounts of interest using this power.  It asserts that wealth is slowly being drawn into the hands of a small banking elite at the expense of the general population.

===Federal Reserve gold===

The film argues that there is no publicly owned gold left in [[Fort Knox]] because the gold belongs to private banks as collateral against the U.S. [[national debt]]. The film argues that since the gold was accumulated by prohibiting its possession, the public's gold has been stolen by private banks.

===Depressions===

The film asserts that the Federal Reserve System enables private banks to force [[recession]]s at will by refusing to offer new loans while simultaneously demanding payment on existing loans. It asserts that this power has been used a number of times since the 1913 creation of the Federal Reserve, resulting in several depressions.

===Media control===

The film asserts that by the end of [[World War I]], private banks owned and controlled much of the United States' media, paper and film outlets and that they achieved this using consolidated wealth generated by fractional-reserve banking.  It argues that these banks have influence over the [[mainstream media]] through their ownership and that this influence is used to prevent the financial monopoly from entering the general public's consciousness.

===Tax===

The film touches briefly on the U.S. federal income tax. See also [[Tax protester constitutional arguments]].

===Monetary Reform Act===

By way of conclusion, the film presents an option for a different kind of [[monetary policy]] for the United States, the [[Monetary Reform Act]]. The film suggests that fractional-reserve banking and the Federal Reserve System be abolished in favour of 100% reserve banking. These reserves would come from the government, which would issue non-interest generating money to repay the public debt to the banks. This would happen over a gradual period of one year. As the government repaid its debt, the banks would be required to hold the government's new money as reserves and the reserve rate would slowly be increased to 100%.  Thus, there would be no inflation or imbalance in the amount of money in circulation. The issuing of new money would then be controlled.  In order to prevent inflation, issuance would be according to population statistics. After the public debt was repaid, money that would previously have been interest on the debt would be distributed by the government as a tax refund, leading to the abolition of income tax.

==Film segments==
 
'''Introduction'''

*The Problem
*The [[money changer|Money Changers]]
*[[Roman Empire]]
*The Goldsmiths of [[medieval|Medieval England]]
*[[Tally sticks]]
*[[Bank of England|The Bank of England]]

'''The Export of Private Central Banking to America'''

*The Rise of the [[Mayer Amschel Rothschild family|Rothschilds]]
*[[American Revolution|The American Revolution]]
*[[Bank of North America|The Bank of North America]]
*[[Constitutional Convention (United States)|The Constitutional Convention]]
*[[First Bank of the United States|First Bank of the U.S.]]
*[[Napoleon|Napoleon's]] Rise to Power
*Death of the [[First Bank of the United States]]
*[[War of 1812]], [[Battle of Waterloo|Waterloo]]

'''Andrew Jackson Kills the Second Bank of the U.S.'''

*[[Second Bank of the United States|Second Bank of the U.S.]]
*[[Andrew Jackson]]
*[[Abraham Lincoln|Abe Lincoln]] and the [[American Civil War|Civil War]]
*The Return of the [[gold standard|Gold Standard]]
*Free [[Silver]]
*[[J.P. Morgan]] / 1907 Crash

'''The Rise of the Federal Reserve Act of 1913'''

*[[Jekyll Island]]
*Federal Reserve Act
*[[J.P. Morgan]] / [[World War I|WWI]]
*Roaring 20s / [[Great Depression]]
*FDR /  [[World War II|WWII]] / Fort Knox

'''Conclusion and Monetary Reform Act'''

*[[World Bank group|World Central Bank]] and Conclusions.

==Sister documentary==
Money as Debt is a 47 minute documentary which explains all the topics of money masters in animation and in brief.The film is about the so called [[Debt-based_monetary_system|debt-based monetary system]] used in the [[world economy]] today. It tries to explain the history of the current monetary system and the basic principles behind it, and questions whether an economy based on debt is sustainable especially in the [[United States]] and [[Canada|Canadian]] economies.

It has been vaunted by a lot of bloggers and [[monetary reform]] activists on the Internet, although criticized by some for being too simplistic.<ref name="hart">[[Keith Hart (anthropologist)|Hart, Keith]]. Money is always personal and impersonal. Anthropology Today, Volume 23, Number 5, pp. 12-16(5). October 2007.</ref>[http://bsalert.com/news/2217/BSAlert_Show_%237_Money_Debt_and_Finance.html][http://www.stwr.net/content/view/2579/198/][http://carolynbaker.net/site/content/view/95/]

==See also==
* [[Kennedy dollars]]
* [[United States Note]]
* [[History of the United States dollar]]
* [[Fractional-reserve banking]]
*[[Full-reserve banking]]

==References==
{{reflist}}

==External links==
* [http://video.google.com/videoplay?docid=-515319560256183936 video.google.com]
* [http://www.amazon.com/Masters-International-Bankers-Control-America/dp/B0018IPKCG Amazon.com], [http://www.amazon.com/review/product/B0018IPKCG/ref=dp_top_cm_cr_acr_txt customer reviews, 2008], [http://www.amazon.com/review/product/9998896983/ref=dp_top_cm_cr_acr_txt 2005] 
* [http://www.themoneymasters.com The Money Masters]
* [http://www.moneyasdebt.net/ Money as Debt]
* [http://video.google.com/videoplay?docid=-9050474362583451279 Paul Grignon's 47-minute animated presentation of "Money as Debt"]
* [http://worldcat.org/oclc/61333007&referer=brief_results The money masters how international bankers gained control of America. OCLC: 61333007]
* [http://www.seek2know.net/pdf.html Transforming Money: Changing the Capital in Capitalism]
* [http://demopedia.democraticunderground.com/index.php/Federal_Reserve_System Demopedia - The Federal Reserve]
* [http://www.freedomforceinternational.org/freedomcontent.cfm?fuseaction=meetstill An analysis and critique] of the ideas presented in Still's video documentary work, including ''The Money Masters'', by [[G. Edward Griffin]], 2006
* [http://www.cholesterol-and-health.com/Money-Masters-Review.html The Truth Behind the Federal Reserve. A Review of the DVD The Money Masters]. Review by Chris Masterjohn, [[2008]]
* [http://www.prisonplanet.com/the-alex-jones-show-l-i-v-e-july-21st-with-william-still-patrick-s-j-carmack.html The Alex Jones Show - L I V E - With William Still & Patrick Carmack] July 21, 2008 ([[Alex Jones (radio host)|Alex Jones]])
* [http://stwr.org/global-financial-crisis/the-money-masters-how-international-bankers-gained-control-of-america.html Review by STWR] (Share The World’s Resources - non-governmental, politically unaffiliated and not-for-profit organization founded in [[2003]])

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