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The Web of Debt
- The Shocking Truth About Our Money System and How We Can Break Free
- Narrated by: Justin M. Grant
- Length: 19 hrs and 7 mins
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Summary
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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
What listeners say about The Web of Debt
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- Mr R E Murrant
- 15-06-20
What many have suspected all along
Given the current climate, and the UK announcement that it had borrowed in a month what it had done in the previous year, I wanted to understand “whose lending?” A trader friend of mine recommended this book. It’s a bit of a slog and I couldn’t have done it without Audible but the story if all true is amazing and terrifying in equal measures. Narration overall is excellent but a few missteps but hardly surprising given the subject matter of the book! Worth a listen!
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- Anonymous User
- 12-06-23
It is truly a web of debt... and deceit
This book is interesting, fascinating, deeply troubling and horrific all at the same time. The author took me on a captivating explorative journey into economics, money (whatever that really is), banking, inflation, etc. These are topics normally considered dry and boring but I found myself pulled in and almost unable to stop. I highly recommend this book.
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