Psychology / SocialSkills / InterHumanCompetence

Denzel Washington graduation speech
Denzel Washington graduation speech… the woman on the upper left corner already failed big X-D (unless she tweets about how cool it is to have Denzel Washington on your graduation ceremony, because she clearly fails to hide her smart phone addiction)

 

let me tell you one thing straight: if there is “no money” for things that make sense – like solar power in Nevada (sunniest place on earth) (including battery to make the sun shine at night?) – then capitalism has become non-sense.

with “no money” usually one means – no bank is giving a loan for this or that project.

OF COURSE the solar panels of the Green New Deal NEED to be Made in USA or it will stimulate the Chinese but not the US economy. (that was one point wrong with the German Green New Deal “German_Renewable_Energy_Sources_Act”)

But besides this Germany is using now 50% from renewables and the costs for electricity have been falling – the only problem now are the companies that own the grid.

They want to charge more and more for transferring electricity. (because power generation is done by the people itself)

So either this get’s fixed or the only solution is: completely off grid. (solar + wind + batteries… might not charge your electric car and run your hair dryer but except for that it can run quiet a lot)

You know what NOBODY can afford?

Stupidity and a destroyed inhabitable planet.

We want a good world to live in and have a bright future and live among the stars.

Nobody needs depressions (except the Pharma to sell more drugs, like shorting a stock, profiting from the end of mankind).

How to Pay for It All: An Option the Candidates Missed

July 10, 2019 by Ellen Brown

The Democratic Party has clearly swung to the progressive left, with candidates in the first round of presidential debates coming up with one program after another to help the poor, the disadvantaged and the struggling middle class. Proposals ranged from a Universal Basic Income to Medicare for All to a Green New Deal to student debt forgiveness and free college tuition. The problem, as Stuart Varney observed on FOX Business, was that no one had a viable way to pay for it all without raising taxes or taking from other programs, a hard sell to voters. If robbing Peter to pay Paul is the only alternative, the proposals will go the way of Trump’s trillion dollar infrastructure bill for lack of funding.

Fortunately there is another alternative, one that no one seems to be talking about – at least no one on the presidential candidates’ stage. In Japan, it is a hot topic; and in China, it is evidently taken for granted: the government can generate the money it needs simply by creating it on the books of its own banks. Leaders in China and Japan recognize that stimulating the economy is not a zero-sum game in which funds are just shuffled from one pot to another. To grow the economy and increase GDP, demand (money) must go up along with supply. New money needs to be added to the system; and that is what China and Japan have been doing, very successfully.

Before the 2008-09 global banking crisis, China’s GDP increased by an average of 10% per year for 30 years. The money supply increased right along with it, created on the books of its state-owned banks. Japan under Prime Minister Shinzo Abe has been following suit, with massive economic stimulus funded by correspondingly massive purchases of the government’s debt by its central bank, using money simply created with computer keystrokes.

All of this has occurred without driving up prices, the dire result predicted by US economists who subscribe to classical monetarist theory. In the 20 years from 1998 to 2018, China’s M2 money supply grew from just over 10 trillion yuan to 180 trillion yuan ($26T), an 18-fold increase. Yet it closed 2018 with a consumer inflation rate that was under 2%. Price stability has been maintained because China’s Gross Domestic Product has grown at nearly the same fast clip, by a factor of 13 over 20 years.

In Japan, the massive stimulus programs called “Abenomics” have been funded through its central bank. The Bank of Japan has now “monetized” nearly 50% of the government’s debt, turning it into new money by purchasing it with yen created on the bank’s books. If the US Fed did that, it would own $11 trillion in US government bonds, four times what it holds now. Yet Japan’s M2 money supply has not even doubled in 20 years, while the US money supply has grown by 300%; and Japan’s inflation rate remains stubbornly below the BOJ’s 2% target. Abe’s stimulus programs have not driven up prices. In fact deflation remains a greater concern than inflation in Japan, despite unprecedented debt monetization by its central bank.

China’s Economy: A Giant Ponzi Scheme or a New Economic Model?

Critics have long called China’s economy a Ponzi scheme, doomed to collapse in the end; and for 40 years China has continued to prove the critics wrong. According to a June 2019 report by the Congressional Research Service:

Since opening up to foreign trade and investment and implementing free-market reforms in 1979, China has been among the world’s fastest-growing economies, with real annual gross domestic product (GDP) growth averaging 9.5% through 2018, a pace described by the World Bank as “the fastest sustained expansion by a major economy in history.” Such growth has enabled China, on average, to double its GDP every eight years and helped raise an estimated 800 million people out of poverty. China has become the world’s largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.

This massive growth has been funded with credit created on the books of China’s banks, most of which are state-owned. Even in the US, course, most money today is created on the books of banks. That is what our money supply is – bank credit. What is different about the Chinese model is that the Chinese government can and does intervene to direct where the credit goes. In a July 2018 article titled “China Invents a Different Way to Run an Economy,” Noah Smith suggests that China’s novel approach to macroeconomic stabilization by regulating bank credit represents a new economic model, one that may hold valuable lessons for developed economies. He writes:

Many economists would see this approach as hopelessly ad hoc, haphazard, and interventionist — not the kind of thing any developed country would want to rely on. And yet, it seems to have carried China successfully through several crises, while always averting the catastrophic financial crash that outside observers have been warning about for years.

Abenomics, Helicopter Money and Modern Monetary Theory

Noah Smith has also written about Japan’s unique model. After Prime Minister Abe crushed his opponents in October 2017, Smith wrote on Bloomberg News, “Japan’s long-ruling Liberal Democratic Party has figured out a novel and interesting way to stay in power—govern pragmatically, focus on the economy and give people what they want.” He said everyone who wanted a job had one; small and midsize businesses were doing well; and the BOJ’s unprecedented program of monetary easing had provided easy credit for corporate restructuring without generating inflation. Abe had also vowed to make both preschool and college free.

Like China’s economic model, Abenomics has been called a Ponzi scheme, funded by central bank-created “free” money. But whatever it is called, the strategy has been working for the economy. Even the once-dubious International Monetary Fund has declared Abenomics a success.

The Bank of Japan’s massive bond-buying program has also been called “helicopter money” — a policy in which the central bank directly finances government spending by underwriting bonds – and it has been compared to Modern Monetary Theory, which similarly posits that the government can spend money into existence with central bank funding. As Nathan Lewis wrote in Forbes in February 2019:

In practice, something like “MMT” has reached a new level of sophistication these days, exemplified by Japan. . . . The Bank of Japan now holds government bonds amounting to more than 100% of GDP. In other words, the government has managed to finance itself “with the printing press” to the amount of about 100% of GDP, with no inflationary consequences. [Emphasis added.]

Japanese officials have resisted comparisons with both helicopter money and MMT, arguing that Japanese law does not allow the government to sell its bonds directly to the central bank. As in the US, the government’s bonds must be sold on the open market, a limitation that also prevents the US government from directly monetizing its debt. But as Bank of Japan Deputy Governor Kikuo Iwata observed in a 2013 Reuters article, where the bonds are sold does not matter. What is important is that the central bank has agreed to buy them, and it is here that US banking law diverges from the laws of both Japan and China.

Central Banking Asia-style

When the US Treasury sells bonds on the open market, it can only hope the Fed will buy them. Any attempt by the president or the legislature to influence Fed policy is considered a gross interference with the sacrosanct independence of the central bank.

In theory, the central banks of China and Japan are also independent. Both are members of the Bank for International Settlements, which stresses the importance of maintaining the stability of the currency and the independence of the central bank; and both countries revised their banking laws in the 1990s to better reflect those policies. But their banking laws still differ in significant ways from those of the US.

In Japan, the Bank of Japan is legally free to set interest rates, but it must cooperate closely with the Ministry of Finance in setting policy. Article 4 of the 1997 Bank of Japan Act says:

The Bank of Japan shall, taking into account the fact that currency and monetary control is a component of overall economic policy, always maintain close contact with the government and exchange views sufficiently, so that its currency and monetary control and the basic stance of the government’s economic policy shall be mutually compatible.

Unlike in the US, Prime Minister Abe can negotiate with the head of the central bank to buy the government’s bonds, ensuring that the debt is in fact turned into new money that will stimulate domestic economic growth; and he is completely within his legal rights in doing it.

The leverage of China’s central government over its central bank is even stronger than the Japanese prime minister’s. The 1995 Law of the People’s Republic of China on the People’s Bank of China states:

The People’s Bank of China shall, under the leadership of the State Council, formulate and implement monetary policies, guard against and eliminate financial risks, and maintain financial stability.

The State Council has final decision-making power on such things as the annual money supply, interest rates and exchange rates; and it has used this power to stabilize the economy by directing and regulating the issuance of bank credit, the new Chinese macroeconomic model that Noah Smith says holds important lessons for us.

The successful six-year run of Abenomics, along with China’s decades of unprecedented economic growth, have proven that governments can indeed monetize their debts, expanding the money supply and stimulating the economy, without driving up consumer prices. The monetarist theories of US policymakers are obsolete and need to be discarded.

Kyouryoku,” the Japanese word for cooperation, is composed of characters that mean “together strength” – “stronger by working together.” This is a recognized principle in Asian culture and it is an approach we would do well to adopt. What US presidential candidates from both parties should talk about is how to modify the law so that Congress, the Administration and the central bank can work together in setting monetary policy, following the approaches successfully modeled in China and Japan.

________________________________________

First posted under another title at TruthDig.com. Ellen Brown is an attorney, founder and chair of the Public Banking Institute, and author of thirteen books, including Banking on the People: Democratizing Money in the Digital Age (June 2019), Web of Debt, and The Public Bank Solution. She also co-hosts a radio program on PRN.FM called “It’s Our Money.” Her 300+ blog articles are posted at EllenBrown.com.

src: https://ellenbrown.com/2019/07/10/how-to-pay-for-it-all-an-option-the-candidates-missed/

Aushang An Alle 00419 Wörgl Langsam umlaufendes Geld hat die Welt in eine unerhörte Wirtschaftskrise und Not gestürzt
Aushang Nr: 00419 Wörgl

“Slowly circulating money has plunged the world into an unheard economic crisis and millions of people creating unspeakable distress – the demise of the world has (purely economic terms) taken its terrible beginning – it is time by clear recognition and determined action to save the downward-rolling economic machine so that humanity is not driven into fratricidal wars, confusion and dissolution.

People live by sharing their achievements.

The slow flow of money has largely prevented the exchange of power and millions of people who are ready to work have already lost their living space in the economic transmission – the exchange of power must therefore be lost again lifted shaft transmission – the exchange of power must therefore be lifted again and the living space for all those who are already out

To this aim the bill of the market town of Wörgl: IT RELIEVES THE DISTRESS, THERE is WORK AND BREAD!”

“Langsam umlaufendes Geld hat die Welt in eine unerhörte Wirtschaftskrise und Millionen schaffender Menschen in unsägliche Not gestürzt – der Untergang der Welt hat (rein wirtschaftlich gesehen) seinen furchtbaren Anfang genommen – Es ist Zeit durch klares Erkennen und entschlossenes Handeln die abwärts rollende Wirtschaftsmaschine zu retten, damit die Menschheit nicht in Bruderkriege, Wirrnisse und Auflösung getrieben werde.

Die Menschen leben vom Austausch ihrer Leistungen.

Der langsame Geldumlauf hat den Leistungsaustausch zum großen Teil unterbunden und Millionen arbeitsbereiter Menschen haben dadurch bereits ihren Lebensraum im Wirtschaftsgetriebe verloren – Der Leistungsaustausch muss daher wieder gehoben und der Lebensraum im Wirtschaftsgetriebe verloren – der Leistungsaustausch muss daher wieder gehoben und der Lebensraum für alle bereits Ausgestoßenen wieder zurückgewonnen werden.

Diesem Ziel dient der Arbeitsbestätigungsschein der Marktgemeinde Wörgl: ER LINDERT DIE NOT, GIBT ARBEIT UND BROT!”

1932: A small community in Austria decides to print their own money – backed by the official currency, they successfully battles unemployment, poverty and the economic crisis aftermath of the 1929 new york stock market crash that send ripples of economic shockwaves around the globe.

  • 170 municipalities and cities in Austria had to follow the example of Wörgel, but it has been adjusted to official (central bank) instructions
  • 170 Gemeinden und Städte in Österreich waren drauf und dran dem Beispiel von Wörgel zu folgen, es ist aber auf behördliche (Zentralbank) Anweisung eingestellt worden
  • Fischer advises Roosevelt to overcome the economic crisis in the style of Wörgel, Roosevelt decides against it, why? Everything just to cover the Seniorage / money-creation monopoly of the (not democratically legitimized) central bank?
  • Fischer rät Roosevelt die Wirtschaftskrise im Stile von Wörgel zu überwinden, Roosevelt entscheidet sich dagegen, warum? Alles nur um das Seniorage/Geldschöpfungs-Monopol der (nicht demokratisch legitimierten) Zentralbank zu decken?
Wörgl 1932: Bridge build and paid in local currency
Wörgl 1932: Bridge build and paid in local currency

Fritz Thyssen (* 9. November 1873 in Styrum; † 8. Februar 1951 in Martínez bei Buenos Aires)
Fritz Thyssen (* 9. November 1873 in Styrum; † 8. Februar 1951 in Martínez bei Buenos Aires)
https://www.amazon.de/I-Paid-Hitler-Fritz-Thyssen/dp/B0007J04TQ
https://www.amazon.de/I-Paid-Hitler-Fritz-Thyssen/dp/B0007J04TQ Review: “This book shows the betrayal of our own citizens against us and for Hitler’s regime? Why? Money!” “Thyssen provides very valuable insight into, and detailed information concerning the period between the end of WWI (the Treaty of Versailles), and the end of the Weimar Republic, explaining the root cause of it’s failure. Since the German economy was the greatest issue on which Hitler and the Nazis built their politics to win over enough Germans to get elected to the chancellorship, Thyssen’s expertise in finance is especially welcomed in understanding the many financial problems Germany faced nationally and internationally. It also gives some insight into how politics work in Germany, which is very different from what we know and understand in the U.S.”

read it for free here: (thank you archive.org!)

https://archive.org/details/in.ernet.dli.2015.239690/page/n7

Book Source: Digital Library of India Item 2015.239690

70 years later… it seems all “the wrong way around”

is USA under Trump now a defacto fascist country?

“The push came hours after Trump bashed Germany for “being captive to Russia” because it imports much of its natural gas from there. That tirade, over breakfast with NATO Secretary General Jens Stoltenberg, was rare in its bitterness.”

“A favorite target of Trump’s ire has been Germany, which has not met its NATO spending commitments and has granted permits for a second natural gas pipeline to Russia. Germany and other European NATO partners argue, however, that they have boosted their contributions to the military alliance and plan to kick in more in coming years. Germany’s leadership has said the pipeline is a private business decision, and it has been reluctant to interfere.”

“The accusation of Russian influence may have been particularly biting for German Chancellor Angela Merkel, who grew up in Communist-controlled East Germany.”

“I myself experienced a part of Germany that was controlled by the Soviet Union, and I am very happy today that we are united in freedom as the Federal Republic of Germany,” Merkel told reporters as she entered NATO headquarters. “We decide our own policies and make our own decisions.”

https://www.washingtonpost.com/world/europe/trump-says-germanyis-captive-to-russia-in-fiery-opening-salvo-against-nato/2018/07/11/56aa7174-7f0a-11e8-a63f-7b5d2aba7ac5_story.html

well… you can DEFINATELY say, Europe and in particular Germany has A LOT MORE US influence through various think tanks such as Bertelsman-Stiftung (located in Berlin) and people like ex-IMF Lagarde now ECB CEO!?

Christine Madeleine Odette Lagarde (French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: [laluɛt]; born 1 January 1956) is a French lawyer and politician serving as Managing Director (MD) and Chairwoman of the International Monetary Fund (IMF) since 2011.

Lagarde joined Baker & McKenzie, a large Chicago-based international law firm, in 1981.

IMF’s lending program for distressed European countries was “a very massive plan, totally unexpected, totally counter-treaty, because it wasn’t scheduled in the treaty that we should do a bailout program, as we did.” She also said, “we had essentially a trillion dollars on the table to confront any market attack that would target any country, whether it’s Greece, Spain, Portugal, or anybody within the eurozone.” With respect to the French economy, she stated that besides short-term stimulus efforts: “we must, very decisively, cut our deficit and reduce our debt.”[45]

Liberte, Fraternite, Austerite

will get right-wing radicals elected.

Christine at her time at the IMF was pretty much pro Austerity: Latest News: (2013) “OOOPS! We were wrong”

Oooops! We were wrong: IMF report details the damage of austerity

HOW ON EARTH is the President of the ECB Elected?

“the European Council, de facto by those who have adopted the euro, for an eight-year non-renewable term.[2]”

Who the fuck is the European Council?

comprises the heads of state or government of the EU member states, along with the President of the European Council and the President of the European Commission

WHAT?

Council of the EU and European Council.svgEuropean Council
Member state Representative Member state Representative Member state Representative
European Union

European Union
(non-voting)

1 December 2014
Prime Minister of Poland 2007–2014


Election 2014, 2017
Next by 2019
Donald Tusk (6165309851) (cropped).jpg
President of the European Council
Donald Tusk
(EPPPO)
European Union

European Union
(non-voting)

Member since 1 November 2014
Prime Minister of Luxembourg 1995–2013


Election 2014, 2019
Next in 2024
Ioannes Claudius Juncker die 7 Martis 2014.jpg
President of the European Commission
Jean-Claude Juncker
(EPPCSV)
Austria

Republic of Austria
Österreich[a 1]
(1.71% of population)[a 2]

Member since 3 June 2019

Next in 2019
2015-04-28-BrigitteBierlein.jpg
Federal Chancellor
Brigitte Bierlein
(Ind. – Ind.)
Belgium

Kingdom of Belgium
Belgique/België
(2.22% of population)

Member since 11 October 2014

Election 2014, 2019
Next by 2024
Vladimir Putin and Charles Michel (2018-01-31) 01 (cropped).jpg
Prime Minister
Charles Michel
(ALDEMR)
Bulgaria

Republic of Bulgaria
България/Bulgaria
(1.39% of population)

Member since 4 May 2017
Prime Minister 2009–2013; 2014–2017


Election 2009, 2014, 2017
Next by 2021
Boyko Borissov 2017-11-03.jpg
Prime Minister
Boyko Borisov
(EPPGERB)
Croatia

Republic of Croatia
Hrvatska
(0.81% of population)

Member since 19 October 2016

Election 2016
Next by 2020
PM Andrej Plenković (cropped).jpg
Prime Minister
Andrej Plenković
(EPPHDZ)
Cyprus

Republic of Cyprus
Κύπρος/Kýpros
(0.17% of population)

Member since 28 February 2013

Election 2013, 2018
Next by 2023
Nicos Anastasiades at EPP HQ.jpg
President
Nicos Anastasiades
(EPPDISY)
Czech Republic

Czech Republic
Česko
(2.04% of population)

Member since 13 December 2017

Election 2017
Next by 2021
A Babiš Praha 2015.JPG
Prime Minister
Andrej Babiš
(ALDEANO)
Denmark

Kingdom of Denmark
Danmark
(1.12% of population)

Member since 26 June 2019

Election 2019
Next by 2023
Mette Frederiksen - 2010.jpg
Prime Minister
Mette Frederiksen
(PESS)
Estonia

Republic of Estonia
Eesti
(0.26% of population)

Member since 23 November 2016

Election 2019
Next by 2023
Jüri Ratas 2017-05-25 (cropped).jpg
Prime Minister
Jüri Ratas
(ALDEEK)
Finland

Republic of Finland
Suomi/Finland
(1.07% of population)

Member since 6 June 2019

Election 2019
Next by 2023
Antti Rinne.jpg
Prime Minister
Antti Rinne
(PESSDP)
France

French Republic
France
(13.09% of population)

Member since 14 May 2017

Election 2017
Next by 2022
Emmanuel Macron in July 2017.jpg
President
Emmanuel Macron
(Ind. – LREM)
Germany

Federal Republic of Germany
Deutschland
(16.10% of population)

Member since 22 November 2005

Election 2005, 2009, 2013, 2017
Next by 2021
Angela Merkel. Tallinn Digital Summit.jpg
Federal Chancellor
Angela Merkel
(EPPCDU)
Greece

Hellenic Republic
Ελλάδα/Elláda
(2.10% of population)

Member since 8 July 2019

Election 2019
Next by 2023
Kyriakos Mitsotakis (cropped).jpg
Prime Minister
Kyriakos Mitsotakis
(EPPND)
Hungary

Hungary
Magyarország
(1.91% of population)

Member since 29 May 2010
Prime Minister 1998–2002


Election 1998, 2010, 2014, 2018
Next by 2022
Viktor Orbán 2018.jpg
Prime Minister
Viktor Orbán
(EPPFidesz)
Republic of Ireland

Ireland
Éire/Ireland
(0.93% of population)

Member since 14 June 2017

Next by 2022
Leo Varadkar 2016.jpg
Taoiseach
Leo Varadkar
(EPPFG)
Italy

Italian Republic
Italia
(11.95% of population)

Member since 1 June 2018

Election 2018
Next by 2023
Giuseppe Conte Official (cropped).jpg
Prime Minister
Giuseppe Conte
(Ind. – Ind.)
Latvia

Republic of Latvia
Latvija
(0.38% of population)

Member since 23 January 2019

Election 2018
Next by 2022
Karins, Krisjanis-9702.jpg
Prime Minister
Krišjānis Kariņš
(EPPV)
Lithuania

Republic of Lithuania
Lietuva
(0.56% of population)

Member since 12 July 2019

Election 2019
Gitanas Nausėda (cropped).jpg
President
Gitanas Nausėda
(Ind. – Ind.)
Luxembourg

Grand Duchy of Luxembourg
Luxembourg
(0.12% of population)

Member since 4 December 2013

Election 2013, 2018
Next by 2023
Tallinn Digital Summit. Handshake Xavier Bettel and Jüri Ratas (36718144533) CROP BETTEL.jpg
Prime Minister
Xavier Bettel
(ALDEDP)
Malta

Republic of Malta
Malta
(0.09% of population)

Member since 11 March 2013

Election 2013, 2017
Next by 2022
Joseph Muscat, cropped.jpg
Prime Minister
Joseph Muscat
(PESPL)
Netherlands

Kingdom of the Netherlands
Nederland
(3.36% of population)

Member since 14 October 2010

Election 2010, 2012, 2017
Next by 2021
Mark Rutte 2015 (1) (cropped).jpg
Prime Minister
Mark Rutte
(ALDEVVD)
Poland

Republic of Poland
Polska
(7.41% of population)

Member since 11 December 2017

Next in 2019
2018-07-04 Mateusz Morawiecki-0603 (cropped).jpg
Prime Minister
Mateusz Morawiecki
(ACREPiS)
Portugal

Portuguese Republic
Portugal
(2.01% of population)

Member since 26 November 2015

Next in 2019
António Costa 12.ª Cimeira Brasil-Portugal 2016-11-01.png
Prime Minister
António Costa
(PESPS)
Romania

Romania
România
(3.83% of population)

Member since 21 December 2014

Election 2014
Next in 2019
Klaus Iohannis Senate of Poland 2015 02 (cropped 2).JPG
President
Klaus Iohannis
(EPP[a 3] – Ind.[a 4])
Slovakia

Slovak Republic
Slovensko
(1.06% of population)

Member since 22 March 2018

Next by 2020
Jakou Evropskou unii chceme v sále Morava 2018-05-26 (6835) Pellegrini.jpg
Prime Minister
Peter Pellegrini
(PESSmer–SD)
Slovenia

Republic of Slovenia
Slovenija
(0.40% of population)

Member since 13 September 2018

Election 2018
Next by 2022
Marjan Šarec in Logatec 2017.jpg
Prime Minister
Marjan Šarec
(ALDELMŠ)
Spain

Kingdom of Spain
España
(9.08% of population)

Member since 2 June 2018

Election 2019
Next by 2023
Pedro Sánchez in 2018d.jpg
Prime Minister
Pedro Sánchez
(PESPSOE)
Sweden

Kingdom of Sweden
Sverige
(1.97% of population)

Member since 3 October 2014

Election 2014, 2018
Next by 2022
Tallinn Digital Summit. Handshake Stefan Löfven and Jüri Ratas (36718147193) (cropped).jpg
Prime Minister
Stefan Löfven
(PESSAP)
United Kingdom

United Kingdom
of Great Britain
and Northern Ireland

United Kingdom
(12.85% of population)

Member since 13 July 2016

Election 2017[a 5]
Theresa May closeup.jpgPrime Minister
Theresa May
(ACREC)

in English:

The miracle of Wörgl-could it have prevented the Second World War? now also as a feature film:

20: 15 the miracle of Wörgl TV film Austria 2018 tip

https://www.arte.tv/de/videos/078113-000-A/das-wunder-von-woergl/

89 Min.
due to absolutely harassed media laws only available until: 11/07/2019

Tirol, 1932: The world economic crisis is at its peak, radical political movements. In a small Austrian community, the driver Michael Unterguggenberger accepts the mayor’s office against better knowledge. But how is he supposed to save Wörgl? The power of despair and the support of his wife Rosa form the basis for a daring Experiment: Unterguggenberger wants to print his own money – so-called work confirmation certificates. For this, he must not only convince the community of his city, but also, above all, lean against the powerful banking system.
Michael Unterguggenberger is a newly elected mayor of the municipality of Wörgl in Tyrol. There he stands in front of a question that is not easy to answer: “and, you know, how you save the world?”

We write the year 1932. In the midst of the global economic crisis, unemployment prevails in the small Tyrolean town; money to pay the wage is scarce. The result: famine and poverty in the population.

However, these circumstances appear Unterguggenberger absurd, because the work and the food there is actually enough – only you can make no one. So why not just print your own money? In the absence of other ideas, they at least consider a test-like attempt. Only money cannot be called the new means of payment, which would be a gross violation of the National Bank’s currency monopoly. Unterguggenberger gives up his secure position as a train driver and finances the first pressure of the new currency-the so-called work confirmation certificates.

It is now up to various parties to convince: firstly, the workers must accept the money printed by Wörgl as a reward for their work, and secondly, the shopkeepers must accept the bills as a means of payment. Against all scepticism and resistance even on the part of his own son and despite the ever – widening radical political groupings, Unterguggenberger succeeds gradually in winning people for his Plan-the community is building up again, the economy begins to flourish.

While even the mayor of the neighbouring towns want to follow the example of the Wörgler a very powerful enemy: the banking. Unterguggenberger’s endeavours are to be stopped, all those responsible go to prison. Does the community find a way out to continue the Experiment?

“The miracle of Wörgl” tells the story of a daring money experiment, initiated by the Tyrolean Mayor Michael Unterguggenberger, based on real events in the early 1930s. Director Urs Egger succeeded already in 2017, with the award-winning ARTE co-production “A child is looking for,” a successful reality-based Film. Egger is particularly active in the field of television films, his works have been awarded several times. “To the border “from 2007 and” the Fall of Bruckner ” from 2014 received the Adolf-Grimme-prize. For the latter, Egger also received the award in the category Best Director of the Deutsche Akademie für Fernsehen (German Academy for television) in 2015.

The main role of Mayor Unterguggenberger is embodied by Karl Markovics. International awareness of the actors, erlang due to its main role in the 2008 Oscar-winning Film “The counterfeiters”. In 2011 Markovics made his multi-award-winning debut as director and author with the feature film “Breathe”.

in German: Das Wunder von Wörgl – hätte es den zweiten Weltkrieg verhindern können? jetzt auch als Spielfilm:

20:15 Das Wunder von Wörgl Fernsehfilm Österreich 2018 Tipp

https://www.arte.tv/de/videos/078113-000-A/das-wunder-von-woergl/

89 Min.
aufgrund absolut bescheurter Medien Gesetze nur Verfügbar bis: 11/07/2019

Tirol, 1932: Die Weltwirtschaftskrise ist auf ihrem Höhepunkt, radikale politische Bewegungen entstehen. In einer kleinen österreichischen Gemeinde akzeptiert der Lokführer Michael Unterguggenberger wider besseren Wissens das Bürgermeisteramt. Doch wie soll gerade er Wörgl retten? Die Kraft der Verzweiflung und die Unterstützung seiner Frau Rosa bilden den Nährboden für ein wagemutiges Experiment: Unterguggenberger will kurzerhand sein eigenes Geld drucken – sogenannte Arbeitsbestätigungsscheine. Dafür muss er nicht nur die Gemeinschaft seiner Stadt überzeugen, sondern sich vor allem auch gegen das mächtige Bankwesen auflehnen.
Der Lokführer Michael Unterguggenberger ist frisch gewählter Bürgermeister der Gemeinde Wörgl in Tirol. Da steht er gleich vor einer nicht einfach zu beantwortenden Frage: “Und, weißt du schon, wie du die Welt rettest?”

Wir schreiben das Jahr 1932. Inmitten der Weltwirtschaftskrise herrscht Arbeitslosigkeit in der Tiroler Kleinstadt; Geld, um den Lohn auszuzahlen, ist Mangelware. Die Folge: Hungersnot und Armut in der Bevölkerung.

Doch diese Umstände erscheinen Unterguggenberger absurd, denn Arbeit und Lebensmittel gibt es eigentlich genug – nur kann sie sich niemand leisten. Warum also nicht einfach eigenes Geld drucken? So abwegig der Vorschlag dem zerstrittenen Gemeinderat zunächst scheinen mag: In Ermangelung anderer Ideen erwägen sie zumindest einen testweisen Versuch. Nur als Geld darf das neue Zahlungsmittel nicht bezeichnet werden, das wäre ein grober Verstoß gegen das Währungsmonopol der Nationalbank. Unterguggenberger gibt seine sichere Stelle als Lokführer auf und finanziert von der Abfindung den ersten Druck der neuen Währung – die sogenannten Arbeitsbestätigungsscheine.

Nun gilt es verschiedene Parteien zu überzeugen: Erstens müssen die Arbeiter das von Wörgl gedruckte Geld als Lohn ihrer Arbeit akzeptieren und zweitens müssen die Ladenbesitzer die Scheine als Zahlungsmittel annehmen. Gegen alle Skepsis und Widerstände auch seitens des eigenen Sohns und trotz sich immer weiter ausdehnender radikaler politischer Gruppierungen gelingt es Unterguggenberger nach und nach, Menschen für seinen Plan zu gewinnen – die Gemeinde baut sich neu auf, die Wirtschaft beginnt zu florieren.

Während selbst Bürgermeister umliegender Städte dem Beispiel folgen wollen, haben sich die Wörgler einen sehr mächtigen Feind gemacht: das Bankwesen. Unterguggenbergers Unterfangen soll gestoppt werden, alle Verantwortlichen ins Gefängnis wandern. Findet die Gemeinde einen Ausweg, um das Experiment fortzusetzen?

“Das Wunder von Wörgl” erzählt – basierend auf wahren Begebenheiten Anfang der 1930er Jahre – die Geschichte eines gewagten Geld-Experiments, das der Tiroler Bürgermeister Michael Unterguggenberger ins Leben rief. Regisseur Urs Egger gelang es bereits 2017 mit der prämierten ARTE-Koproduktion “Ein Kind wird gesucht”, erfolgreich einen auf der Realität basierenden Film umzusetzen. Egger ist insbesondere im Fernsehfilmbereich tätig, seine Werke wurden mehrfach ausgezeichnet. “An die Grenze” aus dem Jahr 2007 und “Der Fall Bruckner” aus dem Jahr 2014 erhielten den Adolf-Grimme-Preis. Für Letzteren bekam Egger 2015 auch den Preis in der Kategorie Beste Regie der Deutschen Akademie für Fernsehen.

Die Hauptrolle des Bürgermeisters Unterguggenberger wird von Karl Markovics verkörpert. Internationale Bekanntheit erlang der Schauspieler durch seine Hauptrolle im 2008 Oscar-prämierten Film “Die Fälscher”. 2011 gab Markovics mit dem Spielfilm “Atmen” sein vielfach preisgekröntes Debüt als Regisseur und Autor.