Review
"I have no intention of providing a blurb. I thoroughly disagree." --
Professor Milton Friedman, Ph.D.- Winner of the Bank of Sweden Prize in Economic Sciences in
Memory of Alfred Nobel, a.k.a.,"I highly recommend this work to anyone who wishes to understand the dangers of our fiat money system ...'" --
Hon. Ron Paul, MD - Member of the United States House of Representatives
Member of the House Banking Committee"If you have any money - you need to read this book." --
Bill O'Reilly, Television Anchor, Author, The O'Reilly Factor"Larry Parks has laid bare the essence of the monetary system and it should scare the wits out of you." --
Greg Tarpinian, Executive Director - Labor Research Association"Larry Parks is the shadow public prosecutor who has succeeded in putting Alan Greenspan on the witness stand." --
Dr. Antal E. Fekete, Ph.D. Professor Emeritus - Memorial University of Newfoundland
Product Description
"There are very few people who understand the arcane ways in which money is created or, for that matter, who benefits and who is adversely affected by this act of creation. By parsing the language of the Fed chairman, Larry Parks has uncovered a minefield of illuminating observations. Larry Parks, the president of FAME, is the quintessential truth-teller in a world of obscurantism and misunderstanding. For most people, banking and global finance are a mystery wrapped in an enigma. However, the creation of fiat money affects transactions, buying power, investments, personal wealth and the rise and fall of nation states. Even today the runaway inflation during the German Weimar period in the 1930's affects the attitude of the European Central bankers. Through textual analysis Mr. Parks offers extraordinary insight into the operation of the Federal Reserve and, as importantly, the future purchasing power of money. Lest anyone think these are either abstract or pettifogging matters, the creation of money is a transfer of wealth from Mr. and Mrs. John Q. Public to the banking establishment. It is hard to conceive of any issue that is more profound than this one." Dr. Herbert I. London, Ph.D., President - Hudson Institute
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