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Paper Money And The Banking System In Action Illustrated & Explained: 259 TRILLION VS 5 TRILLION (Why America Is Far From Bankrupt, Money Out of T

Paper Money And The Banking System In Action Illustrated & Explained: 259 TRILLION VS 5 TRILLION (Why America Is Far From Bankrupt, Money Out of T

ISBN: 9781469919614
Publisher: CreateSpace Independent Publishing Platform
Publication Date: 2012-01-24
Number of pages: 286
Any used item that originally included an accessory such as an access code, one time use worksheet, cd or dvd, or other one time use accessories may not be guaranteed to be included or valid. By purchasing this item you acknowledge the above statement.

In Book 1 of the 259 Trillion Vs 5 Trillion series, the terrible confusion between assets and money was thoroughly explained. Book 2 follows from the solid foundation laid by Book 1 so that the additional concepts are easier to grasp. Book 2 will explain the lies regarding exponential growth parroted by certain groups of 'experts' and then will dwell deep into explaining the statements such as "there are only 9 trillion of money but 32 trillion of debt, we are so doomed". Doom and gloom sells, but the 259TVs5T is not out to scare readers until they can hardly sleep, but it is designed to explain the fundamental of the economic system and the banking system. All of the explanations were made in a simple way with hundreds of stunning graphics to better illustrate the natural laws of the economy.

Analysis made found that confusions occur as to what is the real purpose of money in the economy (a permanent storage of value is not one of the purpose). 99% of the general population do not understand the workings of the economy and especially, the banking system and was therefore taken advantage of by the doom and gloom club. This book series is designed to enable the masses to understand in great detail how the system works. You will be glad if you read Book 2 because the authors had promised the book to be the one that is a 'must have', culminated from years of research, study and debates. The authors mentioned that from more than 500 people they met; only two persons correctly replied how the central bank prints money for the economy and the two are not even bankers.

After reading Book 2 of the series, your years of feeling anguish and guilt, abhorrent feelings towards the financial system and the unknowns will be gone for good. The authors used their engineering, their technical and mathematical skills to explain everything, from a neutral standpoint, by being totally objective without taking sides. The authors however extend their sympathies to the gold bugs. Years ago, the authors themselves thought that money should be backed by gold, until they found out that money should be backed by something valuable, and gold is not one of them. Once the inner workings of the systems are understood, it will be easy to check up on the health of the nation, to find out how wealthy America is, to find out where the middle class actually disappeared to, paying off the national debt and many more. All of these will be included in the third and final book in the series.

The final book will discuss the immense wealth amassed by America through its 230+ years of history making it the richest country on the planet plus many major topics arisen since the Great Recession of 2008 such as the myth of the disappearance of the middle class, the deficit and the national debt, inflation and deflation, and the fairness of distribution of the economic pie with very surprising conclusion, which is the real reason why America is so successful with its free capitalism. The authors had created magnificent and simple to understand movie presentations for most of the concepts they presented in their book series, and they give them all away in their website for free download. The movie presentations made to accompany the book is one of their brilliant ideas to explain the economy in a simple way. You can take your time to understand the workings of the economy and you can repeat them easily, show and discuss with your friends and families.

Now it is time for America to wake up from its slumber, from a misdirected, self fulfilling prophesies of doom, gloom and failures. The future is still great for America, yet the country is fast sliding into the abyss, unless the correct path is taken.

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