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Web of Debt - The Shocking Truth About Our Money System and How We Can Break Free (Paperback, 5th Revised ed.)
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Web of Debt - The Shocking Truth About Our Money System and How We Can Break Free (Paperback, 5th Revised ed.)
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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 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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