Hello, thanks for listening to this Darma podcast. I hope you consider that in accordance

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bookstores and online retail outlets. Thanks for listening. Few of us know that the Wizard of Oz was originally an allegory for the American populist movement of the late 19th century.

The writer, Frank Baum, was a very progressive leftist, who knew?

During the time when he wrote the book around the turn of the around 1900 there were been a lot of depressions that caused a lot of

suffering for the working class due to the fact and this is hard to conceive of today, but the US banks would only print money when they had purchased gold.

If there wasn't any gold, they couldn't print money.

So when there were gold shortages, guess what?

There was money shortages.

When there was money shortages, there wouldn't be any investment, and the money would be generally hoarded by the rich.

So Frank Baum believed that the banks should be able to print far more money to help the economy.

Rather than banks only buying or leveraging the dollar to gold, that they should also be able to buy silver

and print money from buying silver and other metals.

Now in the original story of the Wizard of Oz Dorothy doesn't

wear Ruby red shoes she wears silver shoes and in the story, the Wicked Witch and the Wizard, the Wicked Witch being the Republican

candidate at the time, William McKinley, and the Wizard being the President at the time, William McKinley and the wizard being the president at the time,

Grover Cleveland, stole her silver shoes to prevent the pop, Dorothy represents the working class, the honest American virtues,

and her two friends the Scarecrow which represents the farmers and the tin man, which represents the factory workers, decide to follow the

yellow brick road, which is the gold standard, to go to the Emerald City, which was Washington, D.C. and to actually convince the

President to buy silver. This is literally why Frank Baum wrote the book to create an allegory for the monetary

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