The Truth About The Hobbit – Part 1: Who’s Really Behind It?

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Gandalf the hobbitThis Friday sees the UK release of the third instalment of Peter Jackson’s Hobbit trilogy. The first two parts have enjoyed, or endured, a mixed reception. Fans (nerds) have raged against changes and additions to the original story, cynics have poked sharp needles at the bloating of a 380-page book into a 7+ hour film trilogy, and film purists have poured scorn on Jackson’s decision to film the series at 48 frames per second (fps) as opposed to the standard 24 fps.

These criticisms have varying degrees of validity and largely depend on whether you’re a traditionalist or a radicalist (that’s a perfectly cromulent word, btw).

But there’s one facet of the Hobbit story that hasn’t been addressed that needs to be. It’s such a major factor that recognition of it will overturn the interpretation and understanding of the whole Hobbit story. It may also lead us to the ULTIMATE TRUTH behind the trilogy.

No one has raised the issues I’m about to explore. No one has dared to. But now, on gorillafilmonline.com (visit our shop), we’re going to give you the red pill, pull the wool away from your eyes and make you smell so much goddamn coffee you’ll swear you’re living in a giant Starbucks slops bucket.

The Hobbit tells the story of a sheltered hobbit, a renegade wizard and group of easily led dwarves on a quest to expel a dragon from the home fortress of the dwarf people.

We are told that the dragon, called Smaug, invaded the dwarf lands, laying waste to their city and taking up residence in their huge fortress built into a mountain. You see, the dwarves had lots of gold. I mean tons of the stuff. Their mountain fortress was stuffed, literally, floor to ceiling with gold. And apparently dragons covert gold. A narrator tells us that this is because they are “GREEDY”.

The Hobbit Smaug dragon gold hoard

Most of the sheeple watching The Hobbit will blindly accept this: Dwarves have loads of gold, dragons are greedy for gold, dragon occupies gold, dwarves lose out.

I, however, question this. I’ve watched The Wire 2.8 times (couldn’t do season 5 three times, tbh) and know that if you want to find the truth, follow the money.

So lets do that. Forget about quests, and birth-rights and the propaganda of the unreliable narrator. Let us focus on the universal language that applies to all worlds: currency.

An Unexpected Economic Collapse

As mentioned, the dwarves were rich. MC Hammer in the early ’90s rich. They mined tons and tons of gold, which is, as far as we know, the only currency in use in the Middle-earth world of The Hobbit.

Just before the dragon intervention we’re shown just how much gold the dwarves had, and it was just being stored in the fortress, not being used or spent. It was implied that this was bad. On the contrary, this was not only good, but necessary. Why? Because if the dwarves one day all decided to go out and each buy the Cadillac of horses (whatever that may be. A Mustang?) the money supply would explode, inflation would sky rocket, no one holding less gold than the dwarves would be able to buy anything (due to inflation). This would be disastrous.

Here’s a simple graph, that even a real dumb-dumb could understand, to explain it:

Money-supply-and-inflation-gold-hobbit

Basically, if you dump a load of money into a system, the value of it falls, i.e. you can buy less with one unit of it, which means inflation.

Still not convinced? Read about an actual account of when the price of gold crashed around the Mediterranean because Mansa ‘The Man’ Musa, the ruler of the kingdom of Mali in the 14th Century and possibly the richest person in history, decided to just give away tons of the stuff when he went on the Haj from Mali to Mecca.

“He gave away the gold to the poor he met along his route. Musa not only gave to the cities he passed on the way to Mecca, including Cairo and Medina, but also traded gold for souvenirs. Furthermore, it has been recorded that he built a mosque each and every Friday.

Musa’s generous actions, however, inadvertently devastated the economy of the region. In the cities of Cairo, Medina and Mecca, the sudden influx of gold devalued the metal for the next decade. Prices on goods and wares greatly inflated… This is the only time recorded in history that one man directly controlled the price of gold in the Mediterranean.” – Wikipedia

The dwarves seem to be unaware of basic monetary theory, so it seems possible they could have unleashed the economic WMD stored in their fortress at any moment and wreaked havoc on middle earth.

As a dragon, which is described as very old, it’s possible that Smaug possessed more wisdom than the dwarves and did have a grasp of basic economics. So how about this: Smaug’s occupation of the dwarf fortress was not an attack by a greedy beast, but a selfless act to secure the gold reserves, preventing it being dumped on the world and causing economic catastrophe. It wasn’t an invasion, it was an intervention. He was saving the world from the profligacy of the dwarves.

Hobbit threesome dwarves elvesBut this is only half the story. It may provide a revisionist (and true) interpretation of what the dragon was up to, but it doesn’t explain what happened next; it doesn’t explain why they went on the quest to reclaim the dwarves’ fortress and the gold inside. Let’s try and find out by looking at the main parties involved:

  1. Bilbo Baggins – A sheltered, xenophobic hobbit, he joins the dwarves’ quest, apparently moved by their story of loss. But the idea to join them was not independent, it was prompted by someone else.
  2. The dwarves – They are ostensibly going to reclaim their home, to end their years as a diaspora and return to past glories. Fair enough. But, the idea to do this was not proposed by the dwarves. It was suggested by someone else.
  3. The elves – Reluctant to do anything about the dwarves’ situation (apparently because of some sort of racial thing). Their involvement is eventually secured by a third party.

So, all three parties were apparently going about their lives the best they can, accepting the powerful dragon was occupying the dwarves’ home and hoarding (protecting) the gold. That is until a third party convinces them to upset the equilibrium of the world. This third party is a shady figure, disappearing in secret and reappearing at opportune moments. He uses magic and psychology to bend people to his ways. He is Gandalf.

So Gandalf is the catalyst of this quest to break the dragon’s control over the gold. But that’s not the full story, we still need to know to what ends. We need to go further down the rabbit hole where we will reveal Gandalf’s motivation, as well as the shocking truth of who the true puppet master in The Hobbit is, because Gandalf is just another pawn in this shadowy game.

Part 2, with the SHOCKING TRUTH of who the puppet master is.

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About Author

David Price is the editor of Gorilla Film Online and co-writer/co-producer of MarsCorp and The Bunker podcasts. He has made a number of short films and has watched more than 12 feature films. Writers/con-artists can contact him at daveprice at gorillafilmmagazine.com

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