What's a blog without a decent book review from time to time? More and more family and friends are asking me for the one best book to read to understand recent economic events, and it keeps coming back to one book that I find truly outstanding. It's called "Web of Debt", by Ellen Brown. Here's the page for it at Amazon. My Amazon review I wrote well over a year ago still appears at the top of the reader reviews section as being ranked the most helpful to others. I hate to recycle old material, especially my own, but in the interest of time I'm posting key sections of that review below here:
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. 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.
Ellen Hodgson Brown does a remarkable job at making this subject both easily understandable and richly entertaining while not pulling any of the sordid details or facts. It's impressive in its clarity, fascinating to read, and educational for anyone who might already think they fully understand the system. Unknown to most, The Wizard of Oz was written as a parable for our monetary system. Ms. Brown takes us down that yellow brick road and shows us that the reason L. Frank Baum's timeless story resonates with us so deeply is that our own world works much the same way as the Land of Oz, with a parallel cast of characters. It lies within our power, and in this book, to find our own ruby/silver slippers, thus avoiding the crisis to find our way back home.


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