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Unforgiven Paperback – July 1, 2002

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About the Author

The son of a poor Kansas farmer, Walters' childhood was marked first by the Dust Bowl, then by the Great Depression. He came of age doing military service in the waning days of World War II, and earned a master's degree in economics on the G.I. Bill. He gained experience as editor for the National Farmer's Organization (NFO), a group dedicated to the idea of using collective bargaining to obtain a better deal for the family farmer. In 1970 he began his own monthly publication Acres U.S.A, as a voice for eco-agriculture. In his spare time he authored thousands of articles and numerous books on the technologies of eco-agriculture.

A tireless traveler, Walters journeyed to Egypt, Cuba, Australia, and Brazil (among others), always returning with long, insightful articles about the rural culture and agricultural practices he found and the people he met.

Now semi-retired in Kansas City, Missouri, Charles Walters still contributes articles and essays to the journal he founded, which his son Fred Walters now runs out of Austin, Texas.

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Product Details

  • Paperback: 413 pages
  • Publisher: Acres USA; 2 Revised edition (July 1, 2002)
  • Language: English
  • ISBN-10: 091131167X
  • ISBN-13: 978-0911311679
  • Product Dimensions: 1.2 x 6 x 9 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #422,313 in Books (See Top 100 in Books)

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By Jere L. Hough on November 3, 2007
It is a sad commentary of our times that this book has not been widely read or reviewed.

The book is a prophetic explanation of many, if not most, of the reasons for the imminent collapse of an unsustainable Western Economic System centered in the USA and the UK.

Charles Walters spells out many of the detailed reasons behind the economic booms and busts, wars, depressions, and the overall erosion and wasting of the economic health and wealth of the American people during the 20th Century, and the opening pages of the 21st.

At the risk of oversimplifying his work, he lays the blame on the erosion of farm price parities and the dismantling of the family farm, along with "globalization" and "Free Trade" (rather than "Fair Trade") agreements such as the WTO, NAFTA, etc. This, in turn, was caused by deliberate decisions by the international central banking fraternities to take over our nation's money supply in 1913, so that all new money came in the form of interest-bearing debt, rather than by direct government issue as was decreed in our Constitution. This, in turn, has resulted in a systematic transfer of "real wealth" of our nation from the "people" to the most wealthy of the investment classes, a dismantling of the small farmer and businessman and of the middle classes in general.

Walters clearly shows with overwhelming evidence that times of sound, interest-free money and proper protective tariffs have been prosperous, and times of privately circulated, interest bearing money and so-called "Free Trade" have been ruinous to the middle classes of farmers and producers, and a prelude to panics, recessions, and depressions. He conclusively shows that a service economy is unsustainable, and must eventually become a slave-economy.
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Charles Walters, God rest his soul, did much great work in championing for the family farmer. He was also very well schooled in economics. This is just one of his works where he points out the problems faced with economics in this country (and the world) and offers real solutions you will never hear peeped in the main stream. This book is a gem. Of course, the reason for this book was to preserve the great work of Carl Wilken, who had spent much time in front of Congress trying to get them to understand some simple economic principles and to not fall victim to the big players with their own agendas.
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I've been reading on finance for 25 years and NEVER heard what is revealed in this book. The evidence spans some '90 years and is overwhelming. Testimonies given to congress over a 30 year period can be obtained at the library of Congress ([...]).

Argentina's financial collapse (see this title on youtube) to Island's meltdown to the current double-dip taking hold, believe you me, no economist sees a way out, everyone is caught wide eyed like a deer in headlights. I would not blame any economist anymore since none of what is talked about in this book was ever taught to them.

Raw Materials Economics. You'll hear this expression on every mouth very soon.
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