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The Truth In Money Book, by Theodore R. Thoren, Richard F. Warner
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- Sales Rank: #3594022 in Books
- Published on: 1980
- Binding: Paperback
Most helpful customer reviews
1 of 1 people found the following review helpful.
Our Money The Greatest Ponzi Sheme & how it Works & It made out of Thin Air by a Few people
By Louis Parilla
Excellent Book ..It tell you the way money really is made …Out of thin air & the people who are responsible for pulling the wool over all american & that this Ultimate Ponzi scheme like No Other . They call money !! It effects each person & family & Our Debt ridden Country . They are The Plantation Owners & The rest of us are Slaves . Great Service & Delivery of this Book !
16 of 16 people found the following review helpful.
The Real Story of "Money" in the USA.
By Sam Clemens
My review (Amazon.com) of a classic book, "The Truth in Money Book."
This is a gem of a book. It is written in a simple dialog form, which I found welcome in the treatment of a rather complex subject. In 1913, the Federal Reserve System was foisted upon us, as a substitute for a national bank, which many Americans (including American presidents Jefferson and Jackson) fiercely resisted. This system is based on money as debt, not commodities, not anything of substance, and is set up in such a way so as to guarantee a steady concentration of wealth in certain hands, and the steady impoverishment of America.
Under this system, the U.S. Treasury actually borrows money from the Fed, which then credits this money (from created from"thin air") to an account, and charges interest upon it. And, the commercial banks connected with the System constantly create more of this "funny money" every time, they provide a loan. One aspect of this lunacy, is that there is never enough money "in the system" to pay off all the loans and interest, so someone is always losing... slipping into bankruptcy. Even those not quite at that point...many of us...all too often feel that we are "treading water." So many, in recent years have lost their jobs and homes, or are working at a low-pay "service vector" job, it isn't funny. Of course, much of this is directly related to corruption during the last three presidential administrations.
Though not specifically mentioned in this book,* I will add that some very strange policies and behavior of the Fed frequently lead to panics, crashes and inflation, which truly do benefit SOMEONE, but not you and me. This is like the biggest Ponzi scheme in history...and along with things as the recent bank bail-out, and the damn NAFTA and CAFTA treaties (and lunatic and illegal wars overseas), have meant that American is rapidly going down the tubes.
This book is a "must-have." See if you can find a copy at a reasonable price, perhaps at your "American Opinion" bookstore, which is where I got mine some years ago.
For more on the "Fed," please see another classic, "The Secrets of the Federal Reserve," by Mullins. Pure gold. Lots of disinformation "out there," but not in these two books.
13 of 13 people found the following review helpful.
The Truth In Money; 4th ed.
By Marty Lewis
Recent MBA graduate from Xavier with whom I work read this during his studies then recommended it to me. Upon finishing the book readers will posess a thorough knowlege of: the US monetary system; the mechanics of our money system; the extent to which our money system controls our lives; the inherent problems with our money system; and the solutions that would dramatically improve life for every American.
Best of all: the book is exceptionally easy to read, written in a narritive format with effective examples that make our seemingly convoluted money system seem down-right intuitive.
BUY IT, READ IT, PASS IT ALONG.
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