The Wizard Of Oz, The Gold Standard, and Crypto
Description
SEASON 1: OIL, GOLD, CRYPTO & FASCISM: HOW WE GOT HERE AND HOW TO FIX IT
In 1964, Henry Littlefield proposed that the wildly popular book and film "The Wizard of Oz" by L. Frank Baum could be read as an allegory about the gold standard, silver, and other political themes present in the 1890's when Baum was conceiving of the book. Others suggest it could be read as a theosophical story as well. Regardless of Baum's intent, this reading of this universally beloved story provides a gateway for people to think about such topics as monetary policy. Today, with cryptocurrency serving as a modern proxy for gold, we can think about its parallels to gold and its strengths and weaknesses. By tying current debates to history, we gain a better understanding of the present moment. Includes discussion of Littefield's theory and listener questions and ideas about cryptocurrency and cults historically connected to gold and oil.
United States
