Customer Reviews

The Federal Reserve and Our Manipulated Dollar: With Comments on the Causes of Wars, Depressions, Inflation, and Poverty

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This book should be required reading for any middle class American.Martin Larson takes us throught the creation of the banking cartel called the Federal Reserve System. Larson shows how the Fed manipuates interest rates and artificially creates depressions and resessions. He shows howthe printing of worthless fiat(paper)money destroys the credit, and true value of a nation.Larson goes through the arguements for and against fiat money and shows how a currency based on metals( gold, silver)is the only true constitutional money. With quotes and a chapter on Thomas Jefferson we see how the Third president was a prophet when it came to debt, inflation and banks. A great buy.

Although this book was written in 1975, it is very relevant to present day. An excellent overview of finance and its relationship to American history. Money and politics go together. But the key is to maintain a check and balance on politicians and government from having unlimited access to the printing press. There is the fundamental problem. Although a gold standard is sometimes seen as hindering economic growth, the author sees this as the only way to have sound money. There is an excellent section in this book from Thomas Jefferson's letters. He expresses his fear of paper money and the fate of this nation. Even in 1975 the author predicted we are heading towards financial bankruptcy. He demonstrates what follows in history. Anarchy and revolution. But you see this was no accident, it was a well orchestrated plan to bring on the New World Order. Will the American people wake up in time?