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Web of Debt: The Shocking Truth About Our Money System -- The Sleight of Hand That Has Trapped Us in Debt and How We Can Break Free Paperback – July 25, 2007


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Product Details

  • Paperback: 524 pages
  • Publisher: Third Millennium Press; 2007 edition (July 25, 2007)
  • Language: English
  • ISBN-10: 0979560802
  • ISBN-13: 978-0979560804
  • Product Dimensions: 1.1 x 6 x 8.8 inches
  • Shipping Weight: 1.6 pounds
  • Average Customer Review: 4.5 out of 5 stars  See all reviews (263 customer reviews)
  • Amazon Best Sellers Rank: #1,433,921 in Books (See Top 100 in Books)

Editorial Reviews

Review

Ellen Hodgson Brown may have done the impossible. She wrote a book about the most stupefying subject in the world money, where it comes from and how it is manipulated and made it readable, compelling, even suspenseful. Web of Debt is a page-turner that explains the origin of the Federal Reserve, the functioning of our money supply, currency speculation, capital flows, and the rest. . . . Her overarching theme, that money must be made to serve the public good instead of private masters, carries the force of conviction.
        --Acres USA, April 2010




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

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 realistic 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

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 the solution, it is The Web of Debt . . . . The only ideology presented is one of fairness, integrity, and common sense.
   -- Online Journal Reviews, March 2, 2009 --This text refers to an out of print or unavailable edition of this title.

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

Customer Reviews

This book explains it very well.
Reviewer in MN
The Federal Reserve System doesn't need to be audited, it needs to be abolished!
BRock71
This book explains the current crisis, its root cause, and its solution.
Ann N. Tulintseff

Most Helpful Customer Reviews

330 of 350 people found the following review helpful By Charles Curtis on April 22, 2008
Format: Paperback Verified Purchase
This book is just fantastic. It's worth reading for the history of the monetary system alone. No matter what the lone negative reviewer so far (T. Anderson) here may say, any flaws are mere quibbles. I have multiple degrees in the humanities, and have taken courses in economics, and have read all the big guns in the canon (Smith, Riccardo, Malthus, Marx, Marshall, Keynes, Freidman, etc, etc.) but have never read anything quite like this before.

All the great economists are in the end finally propagandists for their particular worldviews. We are rarely reminded that in essential ways their craft is rooted in that dirty realm: metaphysics. The economists would like us all to believe that what they do is science, that it is a solidly rooted empirical craft. But the fact is that some of the most fundamental aspects of the discipline are rooted in that oftentimes most irrational, insubstantial and fleeting of things: human desire.

Money itself is the sublime exemplar of this fact. This odd measure of value. It is so ubiquitous in our culture, so fundamental to how we all live, yet we rarely sit and contemplate what it really "is." Where it comes from, what it does, and who (in the final analysis) really controls it. Most of us spend most of our waking hours chasing it, without really understanding what it really is we are doing.

Ellen Brown has given us all an opportunity to change that. Again, no matter that there are some few factual and perhaps conceptual flaws here. There's still a gluttonous orgy of food for thought in these pages. Starting with a brilliant expose of the origin of the banking system, and it's logic, she flays the monetary system and lays its anatomy out for examination.
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250 of 266 people found the following review helpful By GK 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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134 of 144 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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