Web of Debt

Waar komt geld vandaan? Hoe is het ontstaan? In welke richting gaat het huidige monetaire systeem? In het boek 'Web of Debt' zal Ellen Brown antwoord geven op deze vragen en zo inzicht geven in de private banken sector.

Voor verdere verdieping zie haar site, youtube en het boek.

SUMMARY
Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by private money lenders. Thomas Jefferson called them “bold and bankrupt adventurers just pretending to have money.” Except for coins, all of our money is now created as loans advanced by private banking institutions — including the privately-owned 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.

Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today.

Web of Debt unravels the deceptions in our money scheme 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.

PRAISE
"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 that explains the origin of the Federal Reserve, the functioning of our money supply, currency speculation, capital flows, and the rest. As you read, interest grows like a Wall Street bonus package. . . . The only downside - pardon the finance jargon - is a loss of innocence. Once the destructive reality of the contemporary monetary system sinks in, there is no longer any excuse for apathy."
-Acres USA

"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 its solution, it is "The Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free".... "Web of Debt" is an extremely enlightening and remarkable book, providing an understanding to our world and the current economic crisis and providing monetary and banking solutions that will take us out of this crisis and benefit the people... The book is an absolute must read and relevant to people of all political stripes. The only idealogy presented is one of fairness, integrity, and common sense."
-Online Journal

"It's frankly difficult to find a good book that will help a person become literate about our modern money supply. Most that are accurate are hopelessly dense and written for graduate students in economics....Ellen Brown has translated a dense subject into a readable and fascinating story....Web of Debt by Ellen Brown 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....Buy it, read it, and get active!"
-Thom Hartmann's Review of the Month for Buzzflash