The Alex Jones Show – L I V E – July 21st With William Still & Patrick S. J. Carmack

Prison Planet.tv
Monday, July 21, 2008

Alex talks with the minds behind the classic 1995 documentary The Money Masters, Patrick S. J. Carmack and William T. Still. Topics covered include the private, run for profit Federal Reserve and why it needs to be repealed, the necessity to eliminate the evil of fractional reserve banking and allow government to print money to help pay off the national debt, as well as real solutions to allow us to escape from the manufactured cycles of boom and bust.

Members can click here to watch the video. Not a subscriber? Consider becoming a member by clicking here.

• 
• Social bookmarks
• 
• Email this article
• 
• Print this page

Comment Terms Of Use

4 Responses to “The Alex Jones Show – L I V E – July 21st With William Still & Patrick S. J. Carmack”

1. headache Says:
   July 22nd, 2008 at 1:51 am

   Another, run over the the guests show.

   “Finishing each others sentences” only works whan all have the same audio levels – Geez Jones, turn their audio up, or level yours out man. I love the way you pick up main stream (Rothchilds owned) Reuters media “news” etc, and lay their bull out as creditable, but the run over guest delivery is really rude.

   Thank to the MoneyMasters for their work also.

2. Spirit Says:
   July 22nd, 2008 at 5:36 am

   Alex & Money Masters is Mistaken. Ron Paul & G Edward Griffin are Correct

   Money Masters is great at showing the problem but it’s solution is wrong. Alex is right on most things and I think e is mistaken on supporting the “replace fiat money with fiat money” solution. Below is why I think Ron Paul and G Eward Griffin and the constitution got it right. If you think the fiat money solution is correct, I am willing to listen once you have read these points.

   Money Masters say let politicians print money out of thin air rather than bankers.

   Might be a bit better with regards to debt. But politicians are not angels to be trusted, so rather than forginers controling the money directly they would have to buy off American politicians, and we would have tratorist politicans controlling it. If it was backed by gold then money can’t be printed out of thin air. Congress who voted for the patriot act couldn’t vote to print money for another false war, or for medicare or any other false government money hole. Do you really think you can print money out of think air and it wont affect the value, just because it’s government printing it and not banks? It will devalue robbing our savings. If they can’t print money out of thin air, they would not have enough tax money for wars and raising taxes skyhigh would lose support for the war.

   Alex argument is that we can’t have gold back currency because bankers control gold.

   The Government not the banks would own it’s gold for it’s currency. If Alex is talking about on global markets, then if the solution is to use paper currency backed by nothing remember the bankers control all the other currencies on the market and can manipulate those to get a desired effect against a paper U.S currency, and how much is the commodity paper worth? It doesn’t matter how much gold the U.S has, you can set a dollar to be equal to 0.005 oz or 0.00001 oz. Once the dollar has a measurement that can never be changed you’ll always know how much a dollar is worth.

   A paper currency is guaranteed to change, historically always down (not matter if Gov or banks prints more it). Gold does change due to supply and demand but extremely slow in purchasing power, and gold will always be in limited supply which will has been cherished for thousands of years. A 1oz gold coin 2000 years ago would buy almost the same amount of goods as a 1oz gold coin now, a quality suit, leather shoes, bag of groceries. 80 years ago a $20 bill would buy you that too but now a $20 bill would buy you a pizza. Money Masters also suggests you can back your money with wooden sticks, wood is not in limited supply and is the same as backing your currency with nothing.

   On the interview William T. Still said, “People who speak about Gold backed money speak in generalities”. Ron Paul and Eward G. Griffin do not speak in generalities about gold backed currencies unless you only read their summaries and and you don’t care to read their in depth material.

   William T. Still said Lincoln’s fiat greenbacks were a success. They were not a success for the ordinary people left with the greenbacks as they became worthless, robbing their payment for their labor.

   William T. Still said, “Gold backed solution is false. Gold backed money failed during the great depression.” This is flat out wrong, and is calling the real solution false while suggesting a mistaken fiat money solution is true! As we know the great depression was caused by the Fed increasing the money supply and then decreasing it during the great depression. At that time they were printing more money backed by nothing, debasing the gold in reserve. Later they took all the gold backed dollars out of the system. Remember Rothschild’s paper receipts were called gold backed as he had gold reserves, but they printed more receipts than gold in the vault, a violation.

   Here is what G Edward Griffin has to say about Money Masters:
   “Excellent productions with a great deal of history and professionally created images… The alleged solution is that we abandon our present fiat money system and adopt another one similar to it. Yes, they actually advocate FIAT money! The proposal is that we should take the power to create money-out-of-nothing away from big, bad bankers and turn it over to nice, trustworthy politicians. In my view, it is very naïve to think that politicians are more trustworthy than bankers. The problem with money created out of nothing is not who does it but that it is done at all.”
   Read more of his critical review here:
   http://www.freedom-force.org/p.....ontent.cfm

3. civilian Says:
   July 22nd, 2008 at 8:25 am

   Check out the 8 part interview
   Alex Jones – The Money Masters 1/8
   http://ca.youtube.com/watch?v=v_iMMlj-IG0

   (subscribe for breaking news)

4. Anthony Mascia Says:
   July 22nd, 2008 at 5:24 pm

   Money Masters presents 4 examples of working Fiat Currency.

   1. The British Empire was built on the Tally Stick system

   2. Colonial script worked so well it was outlawed before the American Revolution (It didn’t work for the Revolutionary War, however. NOTHING works for wars, eh?)

   3. The greenbacks were obviously working during the Civil War: Lincoln was killed because of them.

   4. Gurnsey 200 years of Fiat Currency (since 1815)

   I’ll go with the Milton Friedman solution, thanks. Carmack, Still, and Jones are correct. And, it’s not the most critical point, eh! The most critical point is CONTROL OVER CURRENCY CREATION: private VS public.