Web of Debt

More about the book

The book reveals the truth behind our money system, highlighting how private banking institutions, including the Federal Reserve, control money creation through loans. It explains that banks generate principal but not the interest required to repay loans, leading to a cycle of increasing debt and inflation that diminishes the value of money. Additionally, it offers a historical perspective on a viable alternative to this system, drawing on the economic philosophies of influential figures like Benjamin Franklin, Thomas Jefferson, and Abraham Lincoln.