Deliver to Portugal
IFor best experience Get the App
Full description not available
R**S
Tells U.S. Readers How We Are Being Fleeced.
This little book (actually more like a pamphlet with a soft cover) gives a pretty good and fast overview of how the Federal Reserve System (the Fed) was prepared and presented to Congress, approved there to be passed along to the president for signature, all of it in the early years of the 20th century. In a nutshell the system was drawn up by bankers for bankers, without much straight information from which Congress might have known what it was approving. And there is some doubt that Pres. Wilson even understood what was in it.The Fed is based on the Bank of England and the Reichsbank (of Germany). IT IS A SYSTEM BY WHICH: 1. A non-government agency (The FED) gained the legal right to alone be in control of U.S. money. 2. All of its content was presented to the public as a Gov't. agency that would control the bankers. 3. The system did the opposite. It was tailored to give New York bankers the most profitable advantage. 4. To this late day most of the American public don't understand the Fed or its operations, & never will. 5. It was not meant to benefit the people. Instead it is a tool that provides Congress money. 6. Congress can and does use it for purposes that will garner votes for themselves. 7. The Fed provides the system which enables Gov't. to tax the people in ways the people don't recognize. 8. The USA is saddled with financial responsibilities that can eventually be more than it can survive.This little 'book' is VERY informative in language understandable by the common man. I recommend it.
B**L
True Loony Tune Conspiracy Nonsense
This is such an unbelievable collection of conspiracy theory nonsense that it is hard to believe that anyone would take it seriously. Anyone who is familiar with American history will laugh at the notion of a conspiracy between the banking industry and the socialist movement.Even more ludicrous is the notion that Marx and Engels were funded by American capitalists as part of some deep seated plot. We have a tradition of publishing dissenting opinions in Western European culture, even lunatic conspiracy rantings. Hence, this pamphlet is advertised and sold on Amazon, and Karl Marx was employed as a correspondent by New York newspapers and found mainstream publishers for his socialists tomes. Both the works of Marx and those who violently disagree with his theories are available from Amazon, but you can save money and space by checking out the free digital libraries.For those who don't know, Marx's wife, Jenny, was the daughter of a German noble and the sister of the ruler of a German state. Friedrich Engels was the son of a German industrialist and wound up working as an executive in the family business. Karl and his family lived in poverty in London while Marx researched and wrote "Das Kapital." They were kept afloat by the pittance Marx earned as as a stringer for the New York Daily Tribune and hand outs from Jenny's family and Engels. Four of Marx's seven children died in childhood due to the family's straightened circumstances.The U.S. Federal Reserve Bank is a flawed institution that has made poor decisions. The fact is that one cannot run an industrial economy without a central bank. Yes, the member banks own the Federal Reserve bank and receive dividends from its profits. Does the author know that all profits above 6% pass to the United States Treasury? If so, it is not mentioned in the book.Use your money for Henry Hazlitt's "Economics in One Lesson" and arrange to read one or more of Thomas Sowell's excellent works from your local library to gain familiarity with economic theory. "America's Bank: The Epic Struggle to Create the Federal Reserve" by Roger Lowenstein is a well researched and even handed report on the Fed's founding and the aftermath, if you must know the details.
P**Y
Is the FED constitutional ?
The answer to that question is NO, the FED is not constitutional. No where in the constitution does it allow the Congress to abrogate its responsibility of coining and regulating the countries money. It is not constitutional for them, the congress to give a group of private bankers the authority to be in charge of coining money and regulating the economy through profit making schemes of their own. If I am wrong, then show me.The neat thing about this as far as the FED is concerned is they can gamble with the money that isn't theirs and if they lose, the US tax payer gets to pick up the tab. It's amazing that JP Morgan and Paul Warburg and their friends were able to pull this off. How they were clandestinely able to get this through the congress is amazing.It's probably not too late to challenge except that we have a congress that is so corrupt and all of them with their own special interest, that they really don't want to know. Every one of them including the Supreme Court would have to weigh the impact on his own political career.Long and short, if I were there and enough more like me we could get it done but never mind that.Doc
A**Y
Interesting enough.
A bit of a conspiracy rant. And according to the author I have to say that don’t I? Otherwise my name goes on the list.But lots of details. Though I have to say I still don’t understand how money really works. Does anyone?That it can be outrageously manipulated there is no doubt. But who needs conspiracies. There are plenty of obvious rogues and thieves doing this quite openly and brazenly. And legally!!And making / manufacturing squillions.
Z**G
Best overview of the Federal Reserve
Sutton's books are always well researched and direct. I love his writing. This short book is worth your time because it gives the best overview of the creation of the Federal Reserve you'll find anywhere. What I love is that it goes back to the founding of the United States and discusses all the major attempts to institute a national bank, starting with Alexander Hamilton. Sutton discusses Thomas Jefferson's and Andrew Jackson's opposition to the national bank scheme. Because it places the Federal Reserve monstrosity in its proper historical context, this book is a great service. If you've ever wanted to know about the Federal Reserve, this is the best place to start.
J**S
The real power in America
A very interesting book that ought to be read by everyone paying taxes in America and then youwill realize that your government sold you out when it passed the Federal Reserve Act in 1913, simultaneouslyintroducing income tax.The Federal Reserve is neither federal nor does it hold financial reserves as its name would indicate. It is a private bank, which is run entirely by representatives of America's Banking Cartel. It prints letters of credit called dollar bills, which are not backed by either gold or silver and is unaccountable to anybody including the president. It sets the interest rate for American banks and businesses, effecting all global trading. Janet Yellen, chief of the board of governors, is, therefore, more powerful than the President as he/she who pays the piper calls the tune.Thomas Jefferson said, "I believe that banking institutions are more dangerous to our liberties than standing armies."
J**Y
Important reading for history and economic students
Thoroughly convincing, and the issue of the monopoly motives of the Federal Reserve banking system still very relevant today. As with the other books of Sutton, he meticulously provides evidence from official and respected sources. Short book but very informative.
E**O
excellent fisrt glance on a complex subject.
This is a great book to became familiar with a difficult matter. Of course it does not explain how economics work but it tells why the crucial function of printing money was stripped away from Congress to a private owned institution. As Italian suffering from the ECB activity I am fully realising the power that of it. There has been a large debate over "Italexit" retaking the chance to print oru own currency.... By the way I would add my personal experience on FED. in Aug 2019 I visited the Civil War Museum in Richmond and upstairs there was an exhibition on the "Money", see pics attached. It said that Govt started to print out the "Greenbacks" cause wall Street banks did not want to lend money anymore!!!!Hence Linconln introduced Greenbacks"....Finally, as Zerohedge and Sen T. Messie of Kentucky noted, given we are living in the free money for all, the CARES ct should have granted to each US citizen 1 million dollar..not just 1.200$ each......
L**S
Tudo certo em síntese
Produto em perfeitas condições, dentro daquilo que prometia trazer. Apenas por gosto pessoal não gostei da impressão e as folhas brancas, prefiro aquelas amareladas.
A**S
The Federal Reserve Conspiracy
Good book, very good for references
Trustpilot
2 months ago
4 days ago