I enjoy reading books which boil down PR spin to plain speaking, and this book does just that. Compare the historical account given here of John Law, with that given in the very well known online encyclopedia [sic], which I can quote: "Though they ultimately failed, his theories were 300 years ahead of their time and 'captured many key conceptual points which are very much a part of modern monetary theorizing'" Doesn't this just tell you all you need to know about why the financial system is as topsy turvey as it is?
Some of the data in this book is simply shocking - the section on the Federal Reserve being a prime example. A system which creates debt that is mathematically impossible to ever repay, who but a banker could ever have come up with that and be allowed to use it as the basis for currency creation in the US?
It would be very helpful if there was some genius out there who could write a similar book explaining how the UK system works, but my betting is that the system is similar.
The rest of the book is a well reasoned and helpful introduction into the whys and wherefores of investing in precious metals, and with recent events it all adds up to a very good plan of action.
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