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The Biggest Con: How the Government Is Fleecing You Paperback – June, 1977

18 customer reviews
ISBN-13: 978-0930374013 ISBN-10: 0930374010

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Product Details

  • Paperback: 369 pages
  • Publisher: Freedom Books (June 1977)
  • Language: English
  • ISBN-10: 0930374010
  • ISBN-13: 978-0930374013
  • Product Dimensions: 0.8 x 6 x 9.2 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (18 customer reviews)
  • Amazon Best Sellers Rank: #869,855 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

31 of 31 people found the following review helpful By Kermit L. Cain on February 11, 2003
Format: Paperback Verified Purchase
I learned more concerning our government's tax policy and the manipulation of money (versus the pieces of paper we carry around in our wallets) from this book in three hours than four years of study in college. Schiff boils it down to the essence, from three men beginning a culture to a controlling government, taxing and watering down the money supply. Your view of Keynes' ideas and why Adam Smith's concepts were abandoned will become cystal clear. Should be required reading for anyone involved in economics - which is exactly why the government would prefer that this book be left on the shelf.
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24 of 24 people found the following review helpful By Culture Buff on January 20, 2005
Format: Paperback
The best word to describe this book is prophetic. Read about the dollar's decline, how inflation erodes our buying power, the crumbling of the U.S. industrial base, currency vs. money, then marvel that these words were written over 30 YEARS AGO.

This book is a great primer not only on the dangers of big government, but also on economics, the federal reserve system and a host of other tax-related topics. After reading this, many of the ills that afflict and aggravate us today in the 21st century will make far more sense. This book will answer such questions as: "Why do I keep paying more in taxes and getting less in services from government?" and, "If the government can print all the money it needs, why is the national debt so big?" and finally, "What happened to all the great, last-a-lifetime 'Made In America' products I had as a child in this once-great country?"

The Biggest Con has many helpful illustrations and charts which -- although 30 years out of date -- demystify the subject of taxes, money and market forces. Think of it as Economics 101 without wasting your hard-earned cash on an overpriced 3-inch-thick textbook that confuses you even more, or sitting through a boring semester at college.

In the appendix you also will find a transcript of Schiff's 1968 testimony before Congress warning of the consequences of going off the gold standard, consequences we are living with and suffering through today. Read it and say "He told us so!"
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16 of 16 people found the following review helpful By A Customer on January 25, 1996
Format: Paperback
Although this book is almost 20 years old its detailed and
fully referenced facts on how our national debt is
masterfully misrepresented by our government is an irrefutable
fulfilment of prophecy of our present debt crisis.
Learn how Shiff, who testified before congress in opposition
to the removal of gold and silver backed currency has been
vindicated on all accounts. See through the con of how our
present politicians are solving the budget crisis.
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9 of 9 people found the following review helpful By J. Lloyd on October 9, 2011
Format: Paperback
After listening to Peter Schiff (Irwin Schiff's son) give seemingly prophetic insight on the rise of gold in 2001 - present, the housing bubble YEARS before it happened, and the consequences the fed and governments actions will have on the economy today (QE1, QE2, "operation twist", etc), it's easy to understand where he got his knowledge from. Irwin Schiff explains real supply and demand economics so clearly in this book that anyone with a grade 8 education can understand it better than someone with a degree in (Keynesian) economics does. Quickly you will realize that the capitalist nation that we though we were living in, is quite the contrary. You will understand why we had the industrial revolution in the 1800's and why economic growth has slowed in the 20th century, is crawling in the 21st, and where it all went wrong. Even though this book was written in 1975-76 (printed by Arlington House), and added upon with an addendum in the 1977 printing (printed by Freedom Book), it's amazing the similarities between the 1973-75 recession and todays one, and the "solutions" offered to resolve the 70's recession vs todays "solutions".

This book, along with Peter Schiff's "How an Economy Grows and Why It Crashes", which expands on the island economy outlined near the end of "The Biggest Con", should become textbooks in high school, or at the very least on a must read list. As it turns out the Schiff's aren't prophets at all, they just understand real economics, go figure.
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8 of 8 people found the following review helpful By Tom Vyse on August 1, 2008
Format: Paperback
Irwin is one bright guy, and he has a gift for explaining complex topics in interesting and understandable ways. Even though this book is more than 30 years old, it still does a great job of revealing the basic ways that the US government cons its own citizens. Ours is not the only government doing this, though; the problem is world-wide and runs far back in history. Irwin's book was an eye-opener when I read it back in the '70s and I'm still recommending it to friends.
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6 of 6 people found the following review helpful By Vincent T. James on May 10, 2009
Format: Paperback
This is probably one of the best books I have ever read about government waste and abuse of the American people. Published in the 70s, the information provided will give a startling look at the similarities between todays financial and economic crisis and the past. Learn what needs to be done to stop it!
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7 of 8 people found the following review helpful By eaamon on December 21, 2007
Format: Paperback Verified Purchase
Having read this book in the 90's it is still good for today to explain why oil prices are so much higher......it is really the dollar becoming devalued. who is doing this as I watched gold go to almost $880 an ounce again. the US is broke from a war just like in the 70's and we are there again......the US is broke we have borrowed billions from IMF to pay bills. funny it was not like during clintons term. now ron paul wants to do away with the dollar and start a Am-euro. I don't know who will be elected I'm still evaluating what country I want to move to.
what you will see like all retirees having the retirement money devalued my guess to about 1/10 of what it is worth today. this is how current administration will pay for social security, it is with a cheaper dollar. (dang I tried to keep the word cheaper out of my description.) we are headed for rampart inflation again. as taxes are cut today, well inflation will cause every bodies pay to increase.......unknowingly the poor start thinking they are getting paid their worth. the government thinks the weak just don't realize the higher pay puts them into a higher tax bracket so we get more with out raising taxes.
in 1968 crude was $3.00+/barrel, gold at $32.50, gas at $.30
in 2007 reg. crude is $80/barrel, gold $800, gas at $3.00
crudes in 2007 sweet light (low sulfur and thin) is $90 and sour (heavy high sulfur) is $50 I averaged to regular crude at $80. i wanted to show the semblance of crude and gold an ounce of gold still buys about the same 10 barrels of oil.
you will understand when the US gov. complains that china is a money manipulator and won't move their currency.......how it is really the US that is at fault. the US is trying to devalue the dollars (over 2.
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