Web of Debt: The Shocking Truth about Our Money System and how We Can Break Free

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Third Millennium Press, 2008 - Business & Economics - 530 pages
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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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As with every book one must be aware of the authors intentions and directions; however, Brown does for the vast majority of the book (approximately 98%) check her personal biases, occassionally you hear some feminist tones and frankly she should stick to history, finance, economics and policy (where she is admitately phenomelally gifted) and keep her nose out of Theology (however I can only think of a few paragraphs in the entire book where I (as a student of theology and history) went cross eyed (namely her glazing over of female ancient dieties) AGAIN VERY MINOR. This book is an absolute must read, I have personally vetted her sources, and am fully comfortable in citing them. The choice is yours, this is the little red pill...you can either wake up tmrw and believe whatever you want to, or follow us back in and find out just how far the rabbit hole goes. 

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About the author (2008)

Ellen Hodgson Brown is a health writer who specializes in alternative medicine. Her books include "The Alternative Pharmacy" (with Dr. Lynne Walker) & "The Key to Ultimate Health".

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