Shared by:cashmir11
This book, written in the year 1891, shows the errors in the monetary system. With simple logic and easy to understand math it is shown that the monetary system can only result in misery and poverty for the people and millions for the bankers.
Though the system has changed, things have become worse, the line of thinking that is used in the book is still valid today.
Main conclusion is that any money system that charges interest on it's money will cause one crisis after the other. Also it is obvious that the power to create money should be in the hands of the government and not in the hands of a few private bankers, as it is today.
50 educational pages worth reading.
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