"A superb analysis. Be prepared for one heck of a journey through time and mind."
– Ron Paul, Member of Congress, House Banking Committee, 2008 Presidential candidate.
Have you ever wondered where our money comes from? Ever wondered what causes inflation?
This amazing book describes the Federal Reserve so anyone can understand it. As the author says:
"In spite of first appearances, the process is not complicated. It is just absurd." (p 195)
This book describes how our US currency is created by debt.
"In truth, money is not created until the instant it is borrowed. It is the act of borrowing which causes it to spring into existence. And, incidentally, it is the act of paying off the debt that causes it to vanish." (p 185)
It is amazing to think that if the national debt was paid off and all individual loans to banks were paid off, all of our "money" would disappear!
"Since our money supply, at present at least, is tied to the national debt, to pay off that debt would cause money to disappear. Even to seriously reduce it would cripple the economy. Therefore, as long as the Federal Reserve exists, America will be, must be, in debt." (p 202)
If someone earns money, saves it, and then lends it to us, it is perfectly reasonable for them to charge us interest for our use of that money over time. What are we to think, however, about a lender that did nothing to earn the money, had not saved it, and, in fact, simply created it out of thin air? This is exactly what the banking system has done for every dollar currently in circulation.
As this book describes, this process of creating money is the cause of inflation. Inflation is not a mysterious, complicated concept somehow linked to unemployment. Very simply, inflation occurs when additional money is pumped into the system. This makes the existing money less valuable, and it is a transfer of purchasing power from the public to the bankers.
"Make no mistake about it, inflation is a tax. Furthermore, it is the most unfair tax of them because it falls most heavily upon those who are thrifty, those on fixed incomes, and those in the middle and lower income brackets." (p 203)
The Creature From Jekyll Island details out the following reasons why the Federal Reserve should be abolished:
* It is incapable of accomplishing its stated objectives (Chapter 1).
* It is a cartel operating against the public interest (Chapter 1).
* It is the supreme instrument of usury (Chapter 10).
* It generates our most unfair tax (Chapter 10).
* It encourages war (Chapter 14).
* It destabilizes the economy (Chapter 23).
* It is an instrument of totalitarianism (Chapters 5 and 26).
In order to help educate the public on this subject, we are offering this book at the reduced rate of $17.95! Free copies are also available! Call now for more details!