Web of Debt: The Shocking Truth About Our Money System and How We Can Break Free [read previous edition online for free] by Ellen Hodgson Brown, Third Millennium Press in Chippenham, 2010.

Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by private money lenders. Thomas Jefferson called them bold and bankrupt adventurers just pretending to have money. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the privately-owned 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.

Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today.

Web of Debt unravels the deceptions in our money scheme 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.

End the Fed [read excerpts online for free] by Ron Paul, Grand Central Publishing in New York, 2009.

In the post-meltdown world, it is irresponsible, ineffective, and ultimately useless to have a serious economic debate without considering and challenging the role of the Federal Reserve.

Most people think of the Fed as an indispensable institution without which the country's economy could not properly function. But in END THE FED, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.

No More National Debt [read excerpts online for free] by Bill Still, Reinhardt & Still in Winchester, Virginia, 2011.

What’s killing the U.S. economy? It’s the national debt and its interest payments. For the first time, written in simple terms, the following secrets of our money system are explained:

  • Nations don’t have to borrow.
  • Nations can create their own money without debt.
  • Nations can’t get out of debt—or even pay down their national bebt under the current system. Why? Because it is a debt-based economic system; all money is borrowed.

In his 10th book, Bill Still lays out a message of hope, supported by centuries of evidence. His sweeping account shows that nations don’t have to borrow their money into existence; nations can create their money without debt. Throughout history, every time this money system has been employed, prosperity follows. In fact, creating a nation’s money without debt is THE most important power of a sovereign nation.

With humanity’s personal and economic freedom hanging in the balance, No More National Debt sounds a battle cry for a new human rights movement for the 21st century—a single fix for the economy that can wipe out most of the world’s hunger, poverty, disease and misery.

The Creature from Jekyll Island: A Second Look at the Federal Reserve [hear excerpts online for free] by G. Edward Griffin, American Media in Newbury Park, 1998.

This is the classic exposé of the Fed that has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story — which it really is, but it's all true. This book is about the most blatant scam of history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Your world view will definitely change. Putting it quite simply, this may be the most important book on world affairs you will ever read.

The 5th Edition includes a no-holds barred analysis of bank bailouts under the Bush and Obama Administrations that are shown to be nothing less than legalized plunder of the American people. Many other updates have been added, including a revision to the list of those who attended the historic meeting at Jekyll Island where the Federal Reserve was created.

Updated on March 2nd, 2014