Web of Debt: The Shocking Truth about Our Money System and How We Can Break Free
Web of Debt: The Shocking Truth about Our Money System and How We Can Break Free
Web of Debt: The Shocking Truth about Our Money System and How We Can Break Free
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<strong><strong>We</strong>b</strong> <strong>of</strong> <strong>Debt</strong>: <strong>The</strong> <strong>Shocking</strong> <strong>Truth</strong> <strong>about</strong> <strong>Our</strong> <strong>Money</strong> <strong>System</strong> <strong>and</strong> <strong>How</strong> <strong>We</strong> <strong>Can</strong> <strong>Break</strong> <strong>Free</strong> (Ellen Hodgson Brown) EXPLODING THE MYTHS ABOUT MONEY. <strong>Our</strong> money system is not what we have been led to believe. <strong>The</strong> creation <strong>of</strong> money has been privatized, or taken over by a private money cartel. Except for coins, all <strong>of</strong> our money is now created as loans advanced by private banking institutions -- including the Federal Reserve, the branches <strong>of</strong> 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, exp<strong>and</strong>ing the money supply, inflating prices -- <strong>and</strong> robbing you <strong>of</strong> the value <strong>of</strong> your money. <strong><strong>We</strong>b</strong> <strong>of</strong> <strong>Debt</strong> unravels the deception <strong>and</strong> presents a crystal clear picture <strong>of</strong> the financial abyss towards which we are heading. <strong>The</strong>n it explores a workable alternative, one that was tested in colonial America <strong>and</strong> is grounded in the best <strong>of</strong> American economic thought, including the writings <strong>of</strong> Benjamin Franklin, Thomas Jefferson <strong>and</strong> Abraham Lincoln. If you care <strong>about</strong> financial security, your own or the nation s, you should read this book.<br />
<strong><strong>We</strong>b</strong> <strong>of</strong> <strong>Debt</strong>: <strong>The</strong> <strong>Shocking</strong> <strong>Truth</strong><br />
<strong>about</strong> <strong>Our</strong> <strong>Money</strong> <strong>System</strong> <strong>and</strong> <strong>How</strong><br />
<strong>We</strong> <strong>Can</strong> <strong>Break</strong> <strong>Free</strong>