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Currency Wars: How Forged Money is the New Weapon of Mass Destruction Hardcover – May 17, 2008
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From Publishers Weekly
Journalist Cooley (Unholy Wars) passionately inveighs against counterfeit money in this lively and well-researched—if occasionally overheated—exposé. Cooley delivers an entertaining history of debased currency, whose origins date back to the third millennium B.C. and has a long history as a weapon of war. Cooley recounts British counterfeiting aimed at destabilizing the American colonies and the 1860s Union effort to spread fake Confederate dollars which contributed to wild inflation in the South. Nazis notoriously used Jewish concentration camp inmates to counterfeit massive quantities of dollars and sterling (depicted in the Oscar-winning Austrian film The Counterfeiters), and Cooley paints a vivid picture of the economic catastrophe this might have caused had all the forgeries been put into circulation. A disturbing recent development has been the flood of supernotes, superbly forged $100 bills pouring into circulation for 20 years, most likely from North Korea or Iran. Since 1995, the U.S. has redesigned its currency to foil counterfeiters, but the notes continue to appear. According to Cooley, the media prefers to cover more spectacular crimes such as terrorism, although counterfeiting causes greater economic damage; this compelling account illuminates this neglected issue, and readers will not be disappointed. (May)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
"'Cooley has been right so often he has few equals... This book is typically Cooley: much needed and brilliant.' John Pilger 'The definitive account.' The Guardian 'This provocative book certainly will provide insight into many events in the Middle East for the general reader.' Library Journal 'Cooley's important and timely book... asks salient questions and draws on an impressive body of sources.' Los Angeles Times" --This text refers to an out of print or unavailable edition of this title.
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First, the misleading subtitle. No government has successfully used counterfeiting as a "weapon of mass destruction". The only government on earth that is wreaking "mass destruction" on a country through counterfeiting is our own government, against our own economy and way of life.
That leads me to the second failure of the book: it misses the *real* counterfeiting story in world history; the largest, longest-running financial fraud in history. Here is that weapon of mass destruction, in quick vignette:
Congress began the organized crime operation with a "legal tender act" in 1862 that openly violated the U.S. Constitution's stipulations for lawful U.S. money. Technically the law was not even written by Congress, but by a banking cabal birthed by Alexander Hamilton and nurtured by Henry Clay. Although foiled for a short time by Andrew Jackson, that banking cabal still runs the earth from Wall Street, from the offices of the FED cartel, and from their yachts and villas scattered across the earth where evil men play.
Amidst the mayhem and smoke of Lincoln's war, Congress began the counterfeiting operation against the American people. In 1871 and again in 1884, the U.S. Supreme Court joined in the organized crime, covering Congress' tracks by 'approving' open violation of law.
About 29 years later, Congress granted the exclusive counterfeiting concession to a private crime cartel with a name suggesting that it was a federal agency, the 'FED'. Now, Congress had the ability to essentially tax without limit (you'll see new heights of this with 'Obamacare'); it allowed the private banking cartel to take the 'blame' while making trillions for itself and causing massive recessions, depressions, and swings in the marketplace.
FDR bamboozled a generation of patriotic young Americans to give their lives for an unconstitutional war in Europe. As Robert Stinnet explains in Day Of Deceit: The Truth About FDR and Pearl Harbor, FDR virtually invited the Japanese fleet into Pearl Harbor, and assured that Americans would become angry enough to join in Europe's war.
When FDR stole the American people's gold and replaced it with worthless paper in 1933, the people failed to see the underlying purpose. But when FDR forced the USA to enter Europe's second world war, we should have taken notice that the FED was extending its domination worldwide.
It openly and unapoloigetically accomplished that goal in June 1944 at Bretton Woods, New Hampshire. FED bankers, through federal mouthpieces, forced all 44 members of the WWII "Allied powers" to peg their national currencies to the US Dollar, with the dollar valued at 1/35th of an ounce of gold. Now the real reason for our entry into Europe's war was clear: the FED cartel now controlled every major currency system on earth. Europe, lying in ruins, had no option.
In 1971, the bankers' latest puppet Richard Nixon removed even the suggestion of gold backing to the U.S. Dollar -- and now, Gold Certificates and Silver Certificates were also made illegal -- with the FED's counterfeit paper, its 'Federal Reserve Note' now being the only "legal tender". With no semblance of backing by gold or silver (in other words, now purely counterfeit in every respect the U.S. Dollar no longer existed. Now, the FED cartel can print as much of the counterfeit paper as they like, trading it for U.S. Treasury bonds and also creating every financial derivative based on the counterfeit "U.S. Dollar" which is actually a worthless, paper Federal Reserve receipt.
THAT is the weapon of mass destruction that has left this country reeling once more, as many times since the crime began 150 years ago. Not to appear self-serving, but my book 'This Bloodless Liberty' exposes this *real* mass destruction wrought by our own 'public servants' on behalf of wealthy, very evil men.
My point: by exposing and discussing relatively insiginificant acts of counterfeiting, Mr. Cooley's book deflects inquiry and action against the REAL counterfeiting in America that today threatens us as never before.
The chinese edition is start from Rothschlild bank,how they earn the first million...The establishment of Federal Reserve Bank(national or private bank),the US presidents who against the bank.(Lincoln,JFK,JACKSON....most of them are died accidently).The asia finance crisis in 1997....I not sure the opinion was ture but its will open your mind.(eg.why note was published by bank?why we cant pay off the national debt? --its only happen once-ANDREW JACKSON 7th president of US.His Epitaph was:I KILL THE BANK.)
i saw some reviews said this book was Asia's Jewish myths.the whole book not fouce on jewish but how the bankers control the world.Dont misleading by those argumentations