Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free (Revised and Updated)
Doctors Book Store
doctorsbookstore.com Ratings and Reviews
Home / Books / Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free (Revised and Updated)
Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free (Revised and Updated) - Customer Reviews, Information, Ratings, and Prices
Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free (Revised and Updated)
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.
Customer Reviews:
Avg. Customer Rating: 5.0 / 5.0
The best book to date on the subject.:
Web of Debt: The Shocking Truth About Our Money System -- The Sleight of Hand That Has Trapped Us in Debt and How We Can Break Free (Paperback)
-This is a book that should be taught in every school in my opinion, I know of University Economics professors who are unaware of how the banking system really operates, it is not just the "man in the street" who still erroneously believes that banks loan out their depositors funds.
There are some minor factual errors in the book, as can be read in the 1... more info
Web of Debt:
This is one of the best books I have ever read. Ellen Brown has managed to bring together history and finances in such a way that is so interesting that this book is totally addictive. I couldnt put it down.
I highly recommend it - and if only more people would read this book, there would be a higher chance that our financial systems could change for the better.
Thank you
A book we all need to read US citizen or not:
I started reading on our monetary system to make myself a personal idea on the current international financial crisis. And what a surprise! We would be far better off if, we citizens, had a better knowledge on the history of the international monetary systems. The problems we are facing are only there because we left the issue of money to politics and bankers. This book retraces the US history related to monetary creation, and explains clearly where we come from, and where we are going... We all need to... more info
Excellent Contribution:
This is a monumental, thorough - going critique of some of the ills of our economic system. While it doesn't seek to explain tendencies to war and environmental destruction like neo-Marxian theories attempt to do, for people who want to persuade others that there are fundamental problems with our system, it has a dialectical virtue: It can't be dismissed out of hand the way thoughtless people do by accusations that the persuader is a "communist," "socialist," "leftist," whatever.