The Money Masters

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By Published On: June 12, 2021Categories: AP Staff, Culture9 Comments on The Money Masters

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About the Author: NC Scout

NC Scout is the nom de guerre of a former Infantry Scout and Sergeant in one of the Army’s best Reconnaissance Units. He has combat tours in both Iraq and Afghanistan. He teaches a series of courses focusing on small unit skills rarely if ever taught anywhere else in the prepping and survival field, including his RTO Course which focuses on small unit communications. In his free time he is an avid hunter, bushcrafter, writer, long range shooter, prepper, amateur radio operator and Libertarian activist. He can be contacted at [email protected] or via his blog at brushbeater.wordpress.com .

9 Comments

  1. Black3 June 12, 2021 at 08:23

    Ahhh. That great theme music. Brings back the 80s and the Army training films.

  2. Jose June 12, 2021 at 09:48

    It is a great documentary. I saw it years ago. Very similar to the book – The creature from Jekyll Island by GE Griffin.

  3. Sleeper June 12, 2021 at 12:52

    This is a good documentary, however there are a couple of themes it presents that I feel are misleading. First, the control of the supply of money, whether it is government treasury or a private Federal Reserve system is problematic. It incentivizes the creation of money to suit the needs of those who control it. It is government spending beyond its means that devalues currency, regardless of who controls it. It is legal tender laws that enable Grisham’s law where bad money drives good money out. In Grisham’s time, Kings who controlled their treasury would debase coins by “clipping” or scraping off small portions of precious metal in order to spend more than they had. When there is no ability to have competition in legal tender, you see the real value of money quickly depreciate because people prefer to save the intrinsically more valuable money and spend the intrinsically less valuable money. Without legal tender laws, commodity values will float and the supply of the commodity will have no bearing on purchasing power.
    Second, Lincoln was a bastard regardless of his position on centralized banking before he died. Slavery, more importantly, the 3/5ths clause of the Constitution was a compromise in order to get both the North and South to agree to the compact. That 3/5ths clause was a hold over from the Articles of Confederation. The biggest issue the Antebellum South had with the North was that was significantly less populous and any form of “democratic” representative government would always end in favor of the interests of those who controlled the population centers of the country. It is why you’ve got very specific features in The Constitution like representation in the Senate for state interests at a fixed level sent by the Governors respectively — the 17th Amendment notwithstanding, 2/3rds majority needed for constitutional amendments with 3/4 majority state ratification, and the Electoral College process for electing the President of the country. The Union was a compromise and a compact that any state, which was sovereign, had the right to leave and the 3/5ths clause was an attempt at equalizing the population differences between the two areas of the country. Regardless of those protections, the interests of the north was to subjugate the Antebellum South’s agrarian economy to the high tariffs of imported finished goods (from England) in order to favor the North’s more industrial economy. More than anything, the “Tariff of Abominations” which was 38 percent on 92 percent of all imported goods, started the North and South down the path of irreconcilable differences because the South depended on British money and the importation of Southern cotton that quickly dried up when the tariff was passed in 1828. Slavery was definitely an issue, but not the only one. There were a whole chain of events Lincoln agitated in order to serve the interests of the railroads and the industrialized north. He specifically ran the Ft. Sumpter blockade with a token resupply ship because he was warned the South saw that as an act of war and wanted to goad the South into firing first. Incidentally, Ft. Sumpter was being peaceably supplied with food and non-military necessities by Charleston, SC irrespective of the viewpoint that it was northern occupation of sovereign southern territory. “The Real Lincoln” https://amzn.to/3ghG4XV is an excellent book on Lincoln that hasn’t been whitewashed by the mainstream consensus of allowable opinion.

    • thisisme June 13, 2021 at 00:40

      I think the slavery card was played back then to gain the moral high ground by the northern alliance over the south leading up to kinetic war much like the commies are trying to use the race card here and now. basically the same battle lines then and now just much bigger. cities vs bfe. thanks for reminding us of the very crucial point imho.

      • Sleeper June 13, 2021 at 12:39

        This is complicated. There were people who thought slavery was an abomination to the supposed principles of the country’s foundation. Even Jefferson tried to start the motions of manumitting slaves in the Virginia legislature and it never went anywhere. We don’t learn that in public education. We also don’t learn about the awful, enduring history of slavery throughout the existence of our species. The real reason slavery ended is because the Queen of England, who happened to have a very large empire at the time encompassing a whole lot of this planet, decided that it wasn’t right to treat people that way any longer. Lincoln’s views on blacks were that they were an inferior race and his opinion was they should be sent back to Africa, or at least removed from the country. The prevailing opinion in the North before Ft. Sumpter was that the South had every right to secede peaceably. Lincoln wanted to preserve the Union at ANY cost, and as every idiot does who goads a war into existence, thought he could win it in a matter of days.
        Here is a quote from Lincoln you’ll never hear about: “I will say then that I am not, nor ever have been, in favor of bringing about in any way the social and political equality of the white and black races, -that I am not nor ever have been in favor of making voters or jurors of negroes, nor of qualifying them to hold office, nor to intermarry with white people; and I will say in addition to this that there is a physical difference between the white and black races which I believe will forever forbid the two races living together on terms of social and political equality. And inasmuch as they cannot so live, while they do remain together there must be the position of superior and inferior, and I as much as any other man am in favor of having the superior position assigned to the white race.” — Abraham Lincoln, September 18, 1858
        Long story short, it’s very easy for us to sit here 150 years later and armchair quarterback our perceptions of what should have or not happened historically because of an outcome that occurred over 4 generations ago. Hindsight is always 20/20. Thomas Sowell goes into the worldwide institution of slavery at a decent level, amongst other racial and cultural issues, in “Black Rednecks and White Liberals.” It is an excellent book, as most of his books are. https://amzn.to/2U3Z7MH

        • thisisme June 13, 2021 at 23:55

          Copy that “armchair quarterback” I mentioned it because I was fortunate enough to have a couple instructors that kept it real when I was growing up in Alabama. Your insight is appreciated. I’ll buy the book without dragging this thread into the weeds. Thanks.

          • Sleeper June 14, 2021 at 09:33

            I personally don’t think this drags the topic into the weeds. It’s an excellent discussion and I think the world would be a better place currently if we could have more of them. Perspective is very important. I like the video and there is very little I can fault with it factually. However, it very lightly touches legal tender laws and implies that if national treasuries controlled money creation instead of a banking cartel, these problems wouldn’t happen, which is just historically incorrect. That maybe partially correct because we won’t have “debt” but it doesn’t solve the issue with devaluation of the legally mandated currency when you expand supply to finance government projects.

  4. Rooster June 12, 2021 at 15:27

    The theme of this documentary is the same now as in Christs time. Thats why the one time he got really mad was in the Temple directly at the “bankers”. The snakes today are the same as then only they want more power as money eventually has no allure when you have pallets of it. They literally want your soul and will release a bioweapon to get it and to cover their crimes. Unfortunate for us now, but this is not our world but theirs, and they will have their day before the throne and that power and money wont mean didley squat! Real treasure lies in the heart and its actions! Great posting!
    R

  5. thisisme June 13, 2021 at 00:20

    everybody wants to know who “They” are… Well there ya go. Your welcome. Now get on point everything you thought mattered is a distraction. Stop paying “them”! Your literally paying for your own mind fuck.

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