‘THE
WEB ofr DEBT
The Shocking Truth About Our Money System --
The Sleight of Hand That Has Trapped Us in Debt
And How We Can Break Free
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doo ela HODGSON BROWN, J.D.EXPLODING THE MYTHS ABOUT MONEY
Our money system is not what we have been led to believe. The creation of money has
been “privatized,” or taken over by a private money cartel. Except for coins, all of our
money is now created as loans advanced by private banking institutions, including the
“private” Federal Reserve. Banks create the principal but not the interest to service their
loans. To find the interest, new loans must continually be taken out, expanding the
money supply, inflating prices, and robbing you of the value of your money. Web of Debt
unravels the deception and presents a crystal clear picture of the financial abyss towards
which we are heading. Then it explores a workable alternative, one that was tested in
colonial America and is grounded in the best of American economic thought, including
the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care
about financial security, your own or the nation's, you should read this book.
“The real truth is . . . that a financial element in the large centers has owned the
Government ever since the days of Andrew Jackson.”
— President Franklin D. Roosevelt, 1933
“The sack of the United States by the Fed is the greatest crime in history. Every effort
has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the
government.”
— Charles McFadden, Chairman, House Banking and Currency Committee, 1932
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 and one of the designers of
the Euro, 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, senior loan officer for a top ten bank, author of Farmers and
Ranchers Guide to Credit, publisher of Touch the Soil magazine
Ellen Brown is an attorney and the
author of eleven books. She has
seen the economic problems of
“developing” countries firsthand,
having lived in four of them. She
now lives in Los Angeles.
ISBN 974-0-9795408-0-4
| 20000
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Third Millennium Press
Baton Rouge, LA 70808
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9 "78 9" 560804)WEB OF DEBT
The Shocking Truth
About Our Money System--
The Sleight of Hand
That Has Trapped Us in Debt
and How We Can Break Free
ELLEN HODGSON BROWN, J.D.
we
Third Millennium Press
Baton Rouge, Louisiana