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Web of Debt The Shocking Truth About Our Money System and How We Can Break Free

EXPLODING THE MYTHS ABOUT MONEY Our money system is not what we have been led to believe. The creation of money has been “privatized,” or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private 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. Web of Debt unravels the deception 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.

User Ratings and Reviews

5 Stars The Truth Against the World
History has shown—time and again—that it takes only one independent and effective rational mind to change the paradigms of understanding for the rest of Mankind, and such a mind belongs to the brilliant Ellen Hodgson Brown.

Years before our current economic crisis, Ellen Brown was a prophetic voice in the wilderness, warning us about the Web of Debt that is now strangling the Free World. But more importantly, in Web of Debt, Ellen has ingeniously prescribed the cure for what ails us.

The key to saving the world is contained in the first line of the American Declaration of Independence—”the Laws of Nature and Nature’s God”—i.e., the notion that God and the Law of God can be discovered in Creation. This means that “supernatural revelation”—like God appearing to Moses in a burning bush, or Allah whispering into Muhammad’s ear—is a lie.

After 9/11, why won’t America’s Cultural Elites explain “the Laws of Nature and Nature’s God” to the benighted Muslims and put an end to the Global Islamic Jihad? Ellen Brown already answered that question in Chapter 5 of Web of Debt—”From Matriarchies of Abundance to Patriarchies of Debt”. The same rich, wealth-hoarding Elites who overthrew “the Laws of Nature and Nature’s God” back in Sumeria are still controlling the world today.

Why do the rich Elites hate “the Laws of Nature and Nature’s God” so fervently? Because under the divine Natural Law of God, it is immoral to hoard wealth. The ancient Jubilee Year of “Clean State” debt forgiveness for the Poor and the Redistribution of the Land to all the People was hard-wired into the ground plan of the pyramids of Giza. According to the Dead Sea Scrolls, when the Messiah returns, he is going to declare a Jubilee Year of Clean Slate Debt Forgiveness for the Poor.

The wealth-hoarding Elites refuse to protect America’s southern border as part of a carefully calibrated strategy to drown-out God’s only Truth–”the Laws of Nature and Nature’s God”– under a Marxist, racist wave of Latino ignorance.

The late Michael Crichton was dazzling with his ability to communicate complex ideas in a style that was accessible to the general reader, but in Web of Debt, Ellen Brown brilliantly deconstructs complex economic issues with an exponentially higher “degree of difficulty” than anything the great Crichton ever tackled. Web of Debt never flags, and every well-chosen word is indispensable to the whole.

Everything about Ellen Brown ripples with crisp, well-conceived intelligence. Her website has the same “user-friendly” feel as Web of Debt. Ellen likes her readers, and she writes for her readers. Web of Debt has 47 chapters, and a lot of sub-headings. As a reader, I like to know ahead of time where a chapter is headed, and I like the chapters to be short enough so that I feel like I am making progress through the material. Ellen never loses sight of considerations like that.

As the American economy continues to melt down, more and more people are going to flock to the banner that Ellen Brown raised in Web of Debt. If the USA is going to survive, I think Ellen is going to go down in history as the Hero who saved America and the Free World. Tom Paine’s Common Sense was a great book, but Web of Debt is in another league entirely. Ellen Brown is an international treasure, and as she said in one of her talk radio gigs, the Old Economic Order has to go down before we can build a new and better one, and thank God we have one brave and brilliant Brown who knows the way out and the Road Home.

“By night or at early morning before sunrise, the Ruler of the World arrives in the Temple. He enters. All the lamps at once kindle themselves. Some already recognize the Great Stranger. In deep reverence, the lamas gather. They listen with the greatest attention to the prophecies of the future. A great epoch approaches. The Ruler of the World is ready to fight.” — The Buddhist Maitreya Prophecy

5 Stars Excellent book, provides explanation of our messy money system
This book is a must read for anyone interested in the origin of the financial crisis of 2008. This is an excellent book. I usually never write reviews for books I buy on amazon and I have bought a lot of them. But I had to tell everyone how much I liked this book. Most of us do not understand our money system. This book explains it very well. It explains how commercial banks create the money supply. Every time you borrow or take out a mortgage to pay someone you will add to the deposit of the banks. From those deposits, the banks can lend out ten times the amount ( fractional reserve banking ).

The author explains how this scheme falls apart due to mounting debt. It goes through the history of our money system, beginning with the independence war.

While the book does not offer a clear solution, it does explain the problems with fractional reserve banking. It also shows how the system is abused by the well connected.

5 Stars Quest for a truly international currency
This is an outstanding book, both in scope and detail. I regret only that the book was not available years ago so that my generation of World War II and the crucial years thereafter could get a proper education about economics in general and our U.S. money system in particular. There are several ways to summarize the patient and courageous work which the author, Ellen Brown, devoted to this book. It could be called a history of money and associated politics from just before the establishment of the Bank of England until recent events in the U.S. and abroad. It could be called an elaboration of a moral fable about what is usually taken to be a story for children, namely the Wizard of Oz by L. Frank Baum. It could be called a penetrating expos? of human greed on a vast scale involving the Federal Reserve and national (but privately owned) banks of other countries. It could be described in many other ways. I prefer however to view it as a successful quest for an international currency that could foster and sustain a democratic system that recycles interest or surplus in an ecological manner so as to preclude the tendency for wealth to accumulate on behalf of just a few people at the expense of everyone else.

The author provides an extensive glossary with definitions of key financial terms like bear raid, cartel, central bank, derivatives, Federal Reserve banks, fiat money, leveraging, money supply, moral hazard, Ponzi scheme, privatization, proprietary trading, reserve requirement, short sale, specie, structural adjustment, tight money, uptick rule and so forth. The bibliographic notes and reading list alone are worth many times the price of the book. Best of all is the final chapter which recaps the previously discussed features of money systems and from this reassembly proposes a 12-point platform for any political party (whatever it calls itself) with intent to genuinely resolve our present disaster. The platform is focused around this project: “Either repeal of the Federal Reserve Act as in violation of the Constitution, or amendment of the act to make the Federal Reserve a truly federal agency, administered by the U.S. Treasury.”

I can hardly overstate my conviction that this is a must-read book for all Americans who still read books and who still care actively about the future of our beloved country.

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