9 of 9 people found the following review helpful:
5.0 out of 5 stars
This Book Should Scare You Straight!!!, July 5, 2008
Forget what party you may be supporting. Forget a lot of things you have been told about how our economy works. Read this book and you will begin to understand things that we have been kept in the dark and lied to for decades by both parties.
First of all this is a pretty good story. Secondly, in delivering the story, the author is trying to shake us awake as to what is happening to us and the result is far from pleasant.
In fact, the protagonists in the story have a sense of futility as to awakening enough of us to what has been done to our economy that seems difficult to oversome.
I was asked to review this novel by the author. I did and I am not sure I was not happier living in ignorance. However, it is better to understand one's life and situation and if you agree with that premise, then please, pick up this book and be prepared to be very, very worried about our econoomy and our future.
The "barbarous relic" referred to in the title is the gold standard which at one time in our history tied the value of our currency to that precious metal. If that sounds arcane or old fashioned, I challenge you to read this book and ever feel sanguine again about your economic status in this country, especially if you feel really, really comfortable.
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5 of 5 people found the following review helpful:
5.0 out of 5 stars
ripped from the headlines, July 17, 2008
The Flight of the Barbarous Relic is a completely unexpected book. George Smith makes a fascinating and suspenseful story out of a question some of us have asked ourselves: "Who stole the value of the money in our wallets?" Inflation is a faceless evil, but the author has managed to put faces and motives on the folks behind the phenomenon.
I have been puzzled by the news on the financial networks. One newscast recently said that the price of food had risen in the last month by the highest amount in years, and then went on to say that since there was no increase in the cost of living, some change in interest rates was expected. No change in the cost of living? I used to think you needed to buy food to live, but it turns out that food and energy, two of our biggest living expenses aren't included in the cost because they change too much. You can understand why this whole area can be very confusing.
As the pastor of a small church, I have seen the effects that our economic situation is having on "ordinary" people. One lady who works in a bank dreads going in to work in the morning, because the first thing she has to do is call an increasing number of her customers who have written checks--for rent, for utilities, for food, etc.--and ask them if they can provide funds for the checks so the bank won't bounce them. I have seen families cut back on everything they can think of to make payments on mortgage they should never have been offered in the first place. I have seen food pantry workers trying to fill needs for food for folks who have spent their food budget at the gas pumps in order to be able to get to work.
Those who are hurting most are the very ones who are trying to do the right thing--to work for their living, to support their families, to pay their debts, and to live a decent life. Most are too basically honest to believe that they have been robbed on such a scale. Most have trusted and supported the leaders who manage the economic environment in which they live. Business as usual has been going on for a long time.
This book, with its different perspective, shows this part of our economic system from the inside. It's a book of mystery, intrigue, and glimpses behind the scenes, which of course makes it fun. But it does also raise some relevant ideas and interesting questions to take away and consider. It is worth a look.
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4 of 4 people found the following review helpful:
5.0 out of 5 stars
Entertaining way to learn about the Fed!, July 30, 2008
I don't usually read novels very often, because I think that I should be learning something when I read. _The Flight of the Barbarous Relic_, however, is the best of both worlds; it is an entertaining way to learn the truth of how the Federal Reserve operates without having to read a dry text! I really enjoyed this book; I recommend it to everyone. It's a great way to educate people on the Fed. You can recommend it to your book club or hand it to everyone who is wondering why our gas prices are so high.
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