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The Web of Debt: The Shocking Truth About Our Money System And How We Can Break Free (Revised and Updated) - Softcover
Synopsis
EXPLODING THE MYTHS ABOUT MONEY Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions -- including the private Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices -- and robbing you of the value of your money. Web of Debt unravels the deception and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation's, you should read this book.
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Review
"One of the most important books you will ever read.... as thrilling as any Tom Clancy novel, except that this book is true... to have an understanding of the monetary mess we are in, this is an excellent historical overview with some truly elegant and ingenious ideas about correcting the problems that have plagued our planet for millennia." -- John Tiffany "American Free Press"
From the Back Cover
Ellen Brown has applied her training as a litigating attorney, researcher and writer to the monetary field, unearthing facts that even the majority of banking and financial experts ignore: ranging from the privatization of money creation, to the Plunge Protection Team, to the Federal Reserve's "Helicopter Money." Read it; you'll get information you need in order to understand what is going on in our financial markets today.
- Bernard Lietaer, former European central banker,
author of "The Future of Money" and "Of Human Wealth"
Literacy on the topic of money is at an all-time low. This book is tremendously important not only in its presentation, but by drawing attention to an age-old topic that should have a major presence in the public mind.
- Benjamin Gisin, Author of "Farmers and Ranchers Guide to Credit," publisher of "Touch the Soil" magazine, and a senior loan officer for a top 10 bank
"About this title" may belong to another edition of this title.
- PublisherThird Millennium Press
- Publication date2008
- ISBN 10 0979560810
- ISBN 13 9780979560811
- BindingPaperback
- LanguageEnglish
- Edition number2
- Number of pages528
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