The Real, Forgotten Meaning Of 'The Wizard Of Oz'
"The Wizard of Oz" book, written by L. Frank Baum and originally
published in 1900, may have been inspired by the real-life economic
struggles during the Gold Standard. Many economists and historians
insist that the book is a political allegory. In their telling, each
character represents a person or group active in the late 1800s. The
scarecrow represents the farmers in the west. most of these farmers had
mortgages and owed money to the bankers in the east. When deflation hit,
the value of the farmers' debts rose. The amount they owed the bankers
was now worth much more than at the time of the loan - bad for the
farmers but great for the bankers The yellow brick road is the gold
standard. The gold standard was blamed for the rise in prices and many
believed the end of the gold standard would fix everything. But the
citizens of the East (who are represented by the munchkins) wanted to
keep the gold standard in place. They urge Dorothy to "follow the yellow
brick road". The farmers weren't the only group suffering and seeking
an end to the gold standard. Industrial workers are represented by the
tin man. His joints are rusted and he can no longer work much like the
18% of Americans that were unemployed in 1894. The cowardly lion is
William Jennings Bryan, A populist leader and the face of the Free
Silver Movement. He believed that adding silver to the gold standard
would ease deflation and solve the nation's economic woes. And of course
there is a nod to gold in the title. The Wonderful Wizard of Oz or O-Z
the abbreviation for an ounce of gold. The Emerald City is America's
capital, Washington, D.C. where everything is seen through dollar
colored glasses literally (which is why everything appears to be green).
In the end, it is Dorothy's shoes that save her — HER SILVER SHOES. The
shoes were silver in the book but were changed to ruby for the movie.
It turns out, The solution was right under her nose the entire time.
Adding silver to the money supply."
This was copied from Yahoo News article.https://screen.yahoo.com/popular/heres-real-forgotten-meaning-wizard-040000330.html
The question to ask yourself is: What will our current situation be written as in some future story? This country is in so much debt and continues to print money that really has no backing or value. Will we, the working class, suffer the same fate as the farmers? Is there a yellow brick road that represents gold for us to follow? There is doubt that gold still exists in the vaults of Ft Knox. Therefore, our yellow brick road, just may be "brick" after all.
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