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The Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free Paperback – December 22, 2008

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Editorial Reviews

Review

It's frankly difficult to find a good book that will help a person become literate about our modern money supply. Most that are accurate are hopelessly dense and written for graduate students in economics....Ellen Brown has translated a dense subject into a readable and fascinating story....Web of Debt by Ellen Brown not only demystifies money, but provides some thought-provoking and realistc solutions to our nation's dangerous dependence on a for-profit banking system that is sucking the financial lifeblood out of our nation....Buy it, read it, and get active! --Thom Hartmann's Review of the Month for Buzzflash, April 2009

Most people need backing of some sort to break through and capture a share of the public mind, but Ms. Brown has seemingly accomplished this all by herself, without funding of any kind. It almost defies comprehension. If we wore a thousand hats, they would all be doffed in respect to Ms. Brown's courageous and apparently independent intellectual journey. We are impressed enough with Ms. Brown's approach to award her a title all her own, in fact. There are in our opinion, in modern economic thought, now Keynesians, Austrians and Brownians. --The Daily Bell, October 8, 2009

Ms. Brown has taken two subjects considered boring - history and monetary policy - and turned them into a book as thrilling as any Tom Clancy novel, except that this book is true....If you are looking to have an understanding of the monetary mess we are in, this is an excellent historical overview with some truly elegant and ingenious ideas about correcting the problems we presently face. As you read this book you may find yourself feeling like "Neo" in The Matrix, newly awakened from the slumber of ignorance and deceit. Best of all, she offers viable solutions to the problems that have plagued our planet for millennia. This may well be one of the most important books you will ever read. --American Free Press, April 21, 2008

If there is one book, one newspaper, one blog, one article, that one should read to understand the current economic crisis, to understand the root of the problem, and to understand its solution, it is "The Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free".... "Web of Debt" is an extremely enlightening and remarkable book, providing an understanding to our world and the current economic crisis and providing monetary and banking solutions that will take us out of this crisis and benefit the people... The book is an absolute must read and relevant to people of all political stripes. The only idealogy presented is one of fairness, integrity, and common sense. --Online Journal, March 2, 2009

From the Back Cover

Ellen Brown has applied her training as a litigating attorney, researcher and writer to the monetary field, unearthing facts that even the majority of banking and financial experts ignore: ranging from the privatization of money creation, to the Plunge Protection Team, to the Federal Reserve's "Helicopter Money." Read it; you'll get information you need in order to understand what is going on in our financial markets today.
- Bernard Lietaer, former European central banker, author of "The Future of Money" and "Of Human Wealth"

Literacy on the topic of money is at an all-time low. This book is tremendously important not only in its presentation, but by drawing attention to an age-old topic that should have a major presence in the public mind.
- Benjamin Gisin, Author of "Farmers and Ranchers Guide to Credit," publisher of "Touch the Soil" magazine, and a senior loan officer for a top 10 bank --This text refers to an out of print or unavailable edition of this title.

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Product Details

  • Paperback: 544 pages
  • Publisher: Third Millennium Press; 3rd edition (December 22, 2008)
  • Language: English
  • ISBN-10: 0979560829
  • ISBN-13: 978-0979560828
  • Product Dimensions: 6 x 1.1 x 9 inches
  • Shipping Weight: 1.6 pounds (View shipping rates and policies)
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (281 customer reviews)
  • Amazon Best Sellers Rank: #929,370 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

259 of 276 people found the following review helpful By Amazon Customer on September 16, 2007
Format: Paperback
I have been researching this topic myself for four or five years now and am familiar with almost every other book in this genre, and I can unequivocally say that this is now the definitive work on the world's financial and banking system, the history of money and power in Western civilization, and the dire prognosis for our economy and our personal freedoms, in general, as a result. It is vastly superior to "The Creature from Jekyll Island", to compare it to one other fine book on the subject that is now outdated, both in terms of its complete historical coverage, as well as a completely up to date perspective on recent financial history and a deeply insightful analysis of our current debt crisis, why it was let out of control, and who would benefit from its ultimate unwinding. Quite frankly, looking back four to five years from now, this could be the most profound non-fiction work of our times. Robert Hemphill, Credit Manager for the Federal Reserve Bank in Atlanta, when speaking on the same topic as this book, stated, "It is the most important subject intelligent persons can investigate and reflect upon." I couldn't agree more, and even encourage many unintelligent persons to give it a go. The mechanics of money and finance have a profound affect on every person's life and well being, and is inextricably linked to the fabric of our society and our freedom. Yet it is almost completely ignored and poorly understood by the common man. As Henry Ford said, "It is well that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be revolution before tomorrow morning." It's time we all started to understand what's been going on and how it will affect our immediate future.Read more ›
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141 of 151 people found the following review helpful By D. Thorin on August 15, 2007
Format: Paperback
This is simply the most thorough, researched, and up to date book of its kind. I would call it essential to have, as the national and global economic situation is entering right now into the dramatic and tumultuous throes of the end of the 100 year or more Ponzi scheme that IS our national economy. There have been terrific books by Griffin and Mullins and quite a few others describing the origins of the monetary system that has brought us to this point of collapse and ruin; but they are 20 to 30 years old, and do not include and explain the latest machinations of the Debt/Money machine, such as derivitives, hedge funds, naked short selling, plunge protection teams, the petro dollar, the housing bubble and more. And all is explained, despite the book's historical breadth and up to date detail, in a story line narrative fashion that is personable and enjoyable, with a great sense of discovery.
The best part is the optimistic presentation of what a sane and sensible money system might look like, that is free of deception and theft from hidden corporate masters. And the solution is not a simple reversion to a sort of fundamentalist gold approach.... The subject of gold is actually explored in all of its history of past abuse and control by the same sort of masters we now have, as well as the current pitfalls we would face. Solutions are based, however, upon the ideas and practices of some of America's founders, and on workable examples based upon what a community and nation' real wealth consists of.
Can be read as a narrative, or you can jump in on any chapter and clarify a multitude of mysteries about just what levers are being pulled by the guys behind the curtain. I think the author goes in the right direction for a way out, but the book begs for a sequel dealing with the detailed design of such a plan, so it, too, does not become a trap a century later.
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33 of 36 people found the following review helpful By Kate on June 4, 2008
Format: Paperback Verified Purchase
Of the thousands and thousands of books I have read in my lifetime, this is the single most important book I've ever read.

I don't care if you are liberal, conservative, Libertarian, agnostic, Christian, Muslim, black, white, red, old, young, rich, poor, unemployed, tycoon or whatever... If you love your family and your country and you want a future you can believe in, YOU MUST READ THIS BOOK.

Your mind will be shocked by the truth of how our money/banking/lending system works. Your conscience will be repelled by the evil actions taking place right under your nose; actions taken by people that you think are "respectable" and "educated" and "trustworthy."

Thankfully, by the time you reach the end of this well-researched, well-documented, well-written book, you will know exactly what we can do to fix the situation and make the world a much better place for virtually everyone - a world that is more prosperous and more secure, where opportunity abounds and we are not burdened by an ever-expanding debt monster that threatens everything we hold dear.
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37 of 43 people found the following review helpful By Jere L. Hough on June 30, 2008
Format: Paperback Verified Purchase
Could be the most important book you will ever read. At least this is the one that could save our nation from financial and economic ruin. I'd say that makes it important.

I've been studying this subject for years, and have been planning to write a book or two on the subject myself. Only every time I've gotten deeply into the research, I've found that someone has already written an excellent book covering the same material. This happened with Rothbard's "A Case Against the Fed", Griffin's "The Creature from Jekyll Island", Korten's "When Corporations Rule the World", Quigley's "Tragedy and Hope", Sutton, Engdahl, Skousen, and many others. I had thought the best book on the subject had been written by Stephen Zarlenga with "The Lost Science of Money" and have attended his American Monetary Institute conferences. But Ellen Brown's book tops them all!

I can't count the times I had to lay the book down and wonder how someone so recently introduced to the subject could become so astute in so many areas so quickly. She must have a brilliant mind, because I was dazzled by her comprehension and ability to put complex ideas into simple terms. What an amazing accomplishment!

The one star reviews here are seriously flawed, if not deliberately disingenuous. The book is not about the "polemics" of the "LaRouche" or any other "camp". It does not advocate Keynesian or "socialist" solutions. It advocates common sense and practical solutions. Such labeling is spurious and violates rules for civilized debate and discussion. It is also curious that one could so thoroughly pick out all of the two or three trivial errors in the entire book while missing or misrepresenting the important points and large ideas and issues.
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