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 Federal Reserve, the branches of which are 100% privately owned. 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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Great background and great solutions I highly recommend this book for everyone. I have spent decades educating myself on the topic, discovered a lot of the info in the book from other sources, so this is good corroboration, learned a lot more from Ellen’s research and we independently came up with the same solution, so it is very gratifying on that level. Great read, very educational. We all need to get on “the same page” if we want to effectuate any meaningful and lasting change to the system we currently find…
Government or Banks? For the first time, I really feel that I understand the role of money in society, and the importance of having our currency supply controlled by our elected government rather than by privately-owned banks. Everyone should read this book!
The root of all Evil? Amazingly, I never thought much about the money system until the crash of 2008. Then I watched the youtube video Money As Debt and read Ellen Brown’s book. For anyone who wants to understand where we are and how we got here, this book is fascinating and educational. This book reads like a murder mystery novel centered on a massive criminal conspiracy where the super rich have rigged the system to the point that they can create any amount of money to bribe government officials to do their…