This is the new 5th edition. The 5th edition includes G. Edward Griffin's analysis of bank bailouts under the Bush and Obama Administrations. Bank bailouts are nothing less than legalized plunder of the American people. W4-MBGL-1A6J
G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit. Listed in Who’s Who in America, he is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations.
Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. In preparation for writing his book on the Federal Reserve System, he enrolled in the College for Financial Planning located in Denver, Colorado. His goal was not to become a professional financial planner but to better understand the real world of investments and money markets. He obtained his CFP designation (Certified Financial Planner) in 1989.
Mr. Griffin is a recipient of the coveted Telly Award for excellence in television production, the creator of the Reality Zone Audio Archives, and is President of American Media, a publishing and video production company in Southern California. He has served on the board of directors of The National Health Federation and The International Association of Cancer Victors and Friends. He is Founder and President of The Coalition for Visible Ballots, The Cancer Cure Foundation, and Freedom Force International.
A very important book for our time. This small excerpt is a great introduction to how the Federal Reserve functions:
“The entire function of this machine is to convert debt into money. It's just that simple. First, the Fed takes all the government bonds which the public does not buy and writes a check to Congress in exchange for them. (It acquires other debt obligations as well, but government bonds comprise most of its inventory.) There is no money to back up this check. These fiat dollars are created on the spot for that purpose. By calling those bonds "reserves," the Fed then uses them as the base for creating 9 additional dollars for every dollar created for the bonds themselves. The money created for the bonds is spent by the government, whereas the money created on top of those bonds is the source of all the bank loans made to the nation's businesses and individuals. The result of this process is the same as creating money on a printing press, but the illusion is based on an accounting trick rather than a printing trick. The bottom line is that Congress and the banking cartel have entered into a partnership in which the cartel has the privilege of collecting interest on money which it creates out of noth-ing, a perpetual override on every American dollar that exists in the world. Congress, on the other hand, has access to unlimited funding without having to tell the voters their taxes are being raised through the process of inflation. If you understand this paragraph, you understand the Federal Reserve System.”
This entire review has been hidden because of spoilers.
Definitely not a beach read but a fascinating look at where money comes from, where it goes, and how it all makes sense if you just follow the incentives. You might hate what you find out but at least you’ll know…
Federal Reserve created in 1913 by 6 of richest men in world controlling 25% of world wealth. Its purpose was to make them astronomically wealthy and transfer any responsibility, liability to American taxpayer.
It's a read and explains a lot. What you don't know is hurting you. We have issues and Griffin has a workable plan to restore liberty to America and the world.
One of the top three books I have ever read in my life. As an American, this book is vital to the understanding of our future. …we might be slightly screwed if things do not change.