- Paperback: 544 pages
- Publisher: Third Millennium Press; 5th Revised ed. edition (January 1, 2012)
- Language: English
- ISBN-10: 0983330859
- ISBN-13: 978-0983330851
- Product Dimensions: 6 x 1.1 x 9 inches
- Shipping Weight: 1.6 pounds (View shipping rates and policies)
- Average Customer Review: 317 customer reviews
- Amazon Best Sellers Rank: #208,347 in Books (See Top 100 in Books)
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Web of Debt: The Shocking Truth about Our Money System and How We Can Break Free 5th Revised ed. Edition
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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.
--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 .... If we wore a thousand hats, they would all be doffed in respect.... There are in our opinion ... now Keynesians, Austrians and Brownians.
--The Daily Bell, Oct 8, 2009
Ellen Brown has translated a dense subject into a readable and fascinating story....Web of Debt 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.
--Thom Hartmann, April 2009
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
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 .... This may well be one of the most important books you will ever read.
- American Free Press, April 21, 2008
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 alternate Paperback edition.
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Top customer reviews
– Franklin D. Roosevelt
Ellen Hodgson Brown, J.D., is author of the recently published Public Banking Solution, but also the incisive and well documented The Web Of Debt – The Shocking Truth About Our Money System And How We Can Break Free. Her latter work is what will be covered lightly here.
For most of the modern world, money has been a staple of everyday life. A great deal of our daily functions revolve around this much used, but poorly understood economic tool.
In recent years, the monetary system has grown to untold levels. With the dollar losing value year after year, student loan debts reaching preposterous levels, and debt itself growing unabated in many different sectors of finance, it’s no wonder that the ‘too-big-too-fail’ economic system has its issues.
This is not to say a collapse is imminent as many alternative media pundits espouse. In fact, am more of the mind that what we are in fact in is what has been called a ‘controlled descent” by former Assistant Secretary of Housing and Urban Development, Catherine Austin Fitts.
Getting back on track, many of the above issues stem from our inherent corrupt monetary system. However, what this book does not cover is how the black-budget has been leeching money from the public sector, and transferring by the trillions [according to Ms. Fitts] to the black sector.
The modern birth of this [public] financial control grid is covered in extensive and mind-blowing detail in Brown’s Web Of Debt book. [Note: For a deeper analysis into the covert side of the off-the-books financial control grid, please take a gander at Joseph P. Farrell’s Covert Wars And Breakaway Civilizations – The Secret Space Program, Celestial Psyops and Hidden Conflicts.]
Pulling no punches, this historic piece has got gall. Not afraid to name names, and branching through centuries of historical data, Brown’s work showcases what the financial, political, and elite minds of these times were pondering.
This particular piece also offers data/ideas on some of the vital issues we face and how we might overcome said issues.
From the inception to the private, and heinous Federal Reserve, up to current times, the reader will get ample evidence of the financial mishaps/crimes that are taking place. This is important, because much of the populace is unaware of these dealings.
If you wish to know the truth about our financial monetary system, the truth about its wide-ranging and sinister history, and ways in which to enrich your knowledge on this esoteric subject, then this book is definitely for you.
Other Suggested Reading
Covert Wars And Breakaway Civilizations – The Secret Space Program, Celestial Psyops and Hidden Conflicts by Joseph P. Farrell Ph.D
The Secrets Of Federal Reserve by Eustance Mullins
This book keeps me up at night, I recommend it to anyone and everyone, it is absolutely mind blowing and completely eye opening.
It breaks down where we were, and how we arrived to where we are, all due to the scam of central banking. Politics is an illusion, banking is an illusion, news is an illusion, all distracting us from personal liberty and a true understanding of meaningless money.
Anyone looking to know the truth, I suggest you start here. I've studied fiat economies, central banking, politics, and social engineering for years. I wish I would have started with this book first.
Fantastic fantastic work. I wish it was mandatory in every school, bank, and college.
Federal Reserve Banking, a double entry phenomia, a game of Russian Rulet played with fiat money, tax money, other peoples money and other countries monetary systems through the IMF International Monetary Fund. Inflation on principal and interest for supply and demand particularly internationally for oil and war supplies. People cannot afford the interest now on houses, financed household goods, to cars and business necessities. Banks when lending for housing or businesses calculate foregoing tax, and G.S.T., and on going interest. Due to inflation on interest rates many companies are folding.
The Federal Reserve 1 oz of gold and the wizard turning it out of 'thin air' into $10,000.00 fractional reserve there should be a statue in Disneyland attributed to the pioneering bank "Robber Barons".
The history of American banking:
Bonds - exchange for goods, money or gold.
Greenbacks - no interest on government notes
Bancor - no interest on government notes.
Euro - depreciated money (Europe).
Stocks and shares on the stockmarket for a short time during bull markets then withdrawn this done on a grand scale weathers the companies profitabilities and effects the long term economy. The fiat dollar loaned out from the Federal Reserve through the IMF especially debt in other countries for agriculture, housing and business purposes created from 'thin air' can cause during periods of inflation dramatic changes that of liquidation, bankruptcy and poverty. The fiat dollar has no gold value. The Federal Reserve is an accounting-entry phenomenia of lending out fiat money, the principal plus the interest subject to inflation, money created out of 'thin air' a computerized figure when in fact they did not have this money to lend. Because so many companies have gone bust taking their money with them there is small chance of the IMF getting their money back which means the IMF is indebt to itself Rockefeller and P.J. Morgan the banks financiers. The old Greenback without interest would be more humane - it is a case of the value of life vs the dollar.
Ellen - your book is about value, the value of man vs the value of money particularly appreciation of the dollar, the fiat dollar (let it be done) accompanied with inflation and interest rates that have more value than gold - its a human rights issue. A points system of exchange would be more humane then everybody could join in for even the meek and poor have their story to tell for example Charles Dickens. Fiat money, loaning out the dollar against the gold value although the fiat dollar has no value against the value of gold.
Who is responsible for the National Debt? The Federal Reserve created in 1913 for lending out money with interest is a separate entity to that of the United States of Americas government. The government is for the people and their welfare as everyday citizens. Where the Federal Reserve is a banking system for entrepreneurs business people, people of ambition with ambitious projects, lending out money in the way of interest for example when buying a home or starting a business. The govermnent is more concerned with public facility agencies particularly that of tax. The Federal Reserve Banking system was founded by Rockeffer and P.J. Morgan who now lend money through the IMF International Monetary Fund in later years the IAF has coined the same idea the International Asian Fund their interest rates and terms and conditions are quite competitive to that of the International Monetary Fund. The International Asian Fund have successfully paid their debt and are able to cope by turning out twice as much production for twice as less dollars. The International Asian Fund is now in a position where it is lending money to the IMF International Monetary Fund this is where their problem is! The IMF otherwise known as the Federal Reserve has loaned out money to many businesses especiallly those in different countries and because they did not repay the loan due to circumstances inflation, outbreak of war where that country is indebt and the IMF takes a financial nose dive in revenue. China the IAF International Asian Fund is annoyed they have not received their loans back because the IMF International Monetary Fund spends a lot of money on self defense procedures protecting the interests of the veterans at war. The debt owed to the IMF is a long winded rainbow subject to inflation it is expected to form a 'bubble of hyperinflation' that will effect the U.S. economy badly in so much as firms liquidating, foreclosures of businesses and bankruptcies including banks. Because of the nature of the IMF with foreign expenditure it is thought that the money decisions would be better made if they were made by the government treasury department in that they would benefit the people of America more - particularly less wars, buying up foreign land for the exploitation of oil in pursuit of resolving the National Debt.
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Reader will have to take notes and reorganize the disjointed time line to grasp the flow of...Read more