Written by Ellen Hodgson Brown
Release date: January 1, 2012
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.
Ellen Hodgson Brown may have done the impossible. She wrote a book about the most stupefying subject in the world, money, where it comes from and how it is manipulated and made it readable, compelling, even suspenseful. Web of Debt is a page-turner.
--Acres USA, April 2010
Most people need backing of some sort to break through and capture a share of the public mind, but Ms. Brown has seemingly accomplished this all by herself .... If we wore a thousand hats, they would all be doffed in respect.... There are in our opinion ... now Keynesians, Austrians and Brownians.
--The Daily Bell, Oct 8, 2009
Ellen Brown has translated a dense subject into a readable and fascinating story....Web of Debt not only demystifies money, but provides some thought-provoking and realistic solutions to our nation's dangerous dependence on a for-profit banking system that is sucking the financial lifeblood out of our nation.
--Thom Hartmann, April 2009
If there is one book, one newspaper, one blog, one article, that one should read to understand the current economic crisis, to understand the root of the problem, and to understand the solution, it is The Web of Debt . . . . The only ideology presented is one of fairness, integrity, and common sense.
-- Online Journal Reviews, March 2, 2009
Ms. Brown has taken two subjects considered boring - history and monetary policy - and turned them into a book as thrilling as any Tom Clancy novel .... This may well be one of the most important books you will ever read.
- American Free Press, April 21, 2008
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 --This text refers to an out of print or unavailable edition of this title.
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