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Initial post: 6 Jan 2010 08:19:41 GMT
This morning I read "The Ascent of Hooey" as a brilliant critique of this book. See http://www.goldensextant.com/commentary36.html#anchor5833

When I read these reviews I can only concur: the author was bought to defend "business as usual", i.e. "money = credit", the toghest form of enslavement the world has to endure.

After all, there are always more creditors than debtors. And the financial elite of central bankers has colluded with governments to reach the status quo.

Google for "monetary reform" and you'll find many other ways of thinking about "money" - other than credit - which implies credibility!

Alternative books are "The Future of Money" by ex-central banker Bernard Lietaer and "The Lost Science of Money" by ex-trader Stephen Zarlenga.

Remember that the first national debt was created when the Bank of England was founded in 1694. See http://edm1297.info

Let's hope that the net will wake more people up than this book puts them to sleep!

Sabine
Organiser, Forum for Stable Currencies
http://forumforstablecurrencies.info
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Initial post:  6 Jan 2010
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The Ascent of Money: A Financial History of the World
The Ascent of Money: A Financial History of the World by Niall Ferguson (Paperback - 4 Jun. 2009)
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