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- Sales Rank: #5657566 in Books
- Published on: 2015-08-11
- Original language: English
- Number of items: 1
- Dimensions: 9.21" h x .56" w x 6.14" l, 1.10 pounds
- Binding: Hardcover
- 228 pages
Most helpful customer reviews
3 of 3 people found the following review helpful.
Critical monetary theory
By Michael L. Wolff
This is an important book that breaks down the "currency" part of the financial system in easy to understand details. It is a critical read for anyone interested in the concepts behind money and currency. It is also a nice history lesson that dates back to the 1870s. I don't normally read books that are over 100 years old, but this book is a critical piece of financial history.
0 of 0 people found the following review helpful.
It is amazing how many of the USA's current problems stem from ...
By Margaret
If you are thinking about purchasing this book, you are searching for the truth about money and banking. This lost gem contains a wealth of knowledge about how money worked under our original constitutional system. It is available in the public domain on archive websites, but a printed copy is valuable. This author published another book called "The Book" after the Fed was established. It is also a very important read.
This book exposes the important truth that the Dollar was a weight and measure of silver and the Eagle was our weight and measure of Gold under the original coinage act. It was never meant to be changed. It was a both a weight and a measure and a standard. Money is the very lifeblood of society. It is amazing how many of the USA's current problems stem from this departure from the Constitution and the amazing system that the people who founded this country set up.
Also Google, McFadden an astounding exposure, LBJ's comments on the signing of the 1965 coinage act, Jefferson's opinion on the Constitutionality of a National Bank, and finally find a picture of the back of a series 1914 Federal Reserve note and read the fine print. You will start to see the truth. It is shocking when you understand what has happened. Consider that all banknotes were redeemable for silver coin until 1965. This was the ultimate check and balance.
After you have done all this, listen to the song "Sixteen Tons" by Tennessee Ernie Ford and join the VERY small club that truly understands what has happened.
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