The second attempt, but the risk is worth it.
I want to recommend a book that's really, really important, because it has so much information about what's going on in the world and yet so few people know about it. It's called "The Lost Science of Money", written by Stephen Zarlenga, one of the co-founders of the American Monetary Institute (AMI). He has over 35 years of experience in a lot of financial fields (f.ex. mutual funds, real estate, futures trading, etc.), so he's definitely someone who knows what he's talking about.
In this book he's laying out the entire monetary history, from the beginnings of money to the creation of the first banks up to the founding of the Federal Reserve System and the development of "modern banking", etc.
This book... is crazy. Not only does it show the history of money, but it also puts major economic, political, military and even religiously motivated events into perspective and shows that most of them had a monetary component to it, while many were even mainly monetarily motivated.
He's saying that a lot of major wars throughout history weren't primarily about territory, resources and things like that, but were about monetary control, which is the control over trading-routes, how much money is in circulation and who's in control of that. For example, money systems that used a "gold standard" were controlled by those who owned most of the gold. One of the weaknesses of such a system was the fact that whoever had most of the gold could put more gold in or take more gold out of circulation and manipulate currencies this way. Once a lot of gold is taken out of or too much is put into circulation, a kingdom would end up in a crisis, conflicts would be created and wars would start. Nowadays it‘s done similarly, but instead of a gold standard, or any other commodity for that matter, they use fractional-reserve banking to manipulate the money supply. It's some really fucked up shit if you get into all the details.
The book has hundreds of sources, amongst them the works of Alexander del Mar, one of the most important monetary historians who has ever lived. If you're interested in this kind of stuff and if you want to understand what's going on behind the scenes you should definitely read it. If the hardcover is too expensive for you, you can get the much cheaper Kindle edition, it's the content that's important.
Chapters:
1. The Origins of Money Systems
2. Rome's Bronze Nomisma: Better Than Gold
3. A Monetary View Of Rome's Decline
4. Re-Instituting Money In The West
5. Crusades End Byzantium's Monetary Control
6. Renaissance Struggles For Monetary Dominance
7. The Scholastics - The Moral Economists
8. 1500 - History's Pivot: Power Shifts From The Mediterranean To The North Sea
9. The Rise Of Capitalism In Amsterdam
10. Transferring Capitalism To England
11. Hatching The Bank Of England
12. Political Economists: Priesthood Of The Bankers Theology
13. The Usury Debate Continues
14. U.S. Colonial Moneys
15. The Money Power vs. The Constitution
16. U.S. Government Money vs Private Money
17. The Greenbacks: Real American Money
18. Nineteenth Century Monetary Crimes - The Great Deflations
19. Establishment Of The Federal Reserve
20. Federal Reserve System Wrecks America
21. Germany's 1923 Hyper-Inflation Under A Private Central Bank
22. International Monetary Organizations
23. The European Monetary Union
24. Proposals For U.S. Monetary Reform
Stephen Zarlenga - The Lost Science of Money
selected bibliography
For more infos: American Monetary Institute (AMI)
I want to recommend a book that's really, really important, because it has so much information about what's going on in the world and yet so few people know about it. It's called "The Lost Science of Money", written by Stephen Zarlenga, one of the co-founders of the American Monetary Institute (AMI). He has over 35 years of experience in a lot of financial fields (f.ex. mutual funds, real estate, futures trading, etc.), so he's definitely someone who knows what he's talking about.
In this book he's laying out the entire monetary history, from the beginnings of money to the creation of the first banks up to the founding of the Federal Reserve System and the development of "modern banking", etc.
This book... is crazy. Not only does it show the history of money, but it also puts major economic, political, military and even religiously motivated events into perspective and shows that most of them had a monetary component to it, while many were even mainly monetarily motivated.
He's saying that a lot of major wars throughout history weren't primarily about territory, resources and things like that, but were about monetary control, which is the control over trading-routes, how much money is in circulation and who's in control of that. For example, money systems that used a "gold standard" were controlled by those who owned most of the gold. One of the weaknesses of such a system was the fact that whoever had most of the gold could put more gold in or take more gold out of circulation and manipulate currencies this way. Once a lot of gold is taken out of or too much is put into circulation, a kingdom would end up in a crisis, conflicts would be created and wars would start. Nowadays it‘s done similarly, but instead of a gold standard, or any other commodity for that matter, they use fractional-reserve banking to manipulate the money supply. It's some really fucked up shit if you get into all the details.
The book has hundreds of sources, amongst them the works of Alexander del Mar, one of the most important monetary historians who has ever lived. If you're interested in this kind of stuff and if you want to understand what's going on behind the scenes you should definitely read it. If the hardcover is too expensive for you, you can get the much cheaper Kindle edition, it's the content that's important.
Chapters:
1. The Origins of Money Systems
2. Rome's Bronze Nomisma: Better Than Gold
3. A Monetary View Of Rome's Decline
4. Re-Instituting Money In The West
5. Crusades End Byzantium's Monetary Control
6. Renaissance Struggles For Monetary Dominance
7. The Scholastics - The Moral Economists
8. 1500 - History's Pivot: Power Shifts From The Mediterranean To The North Sea
9. The Rise Of Capitalism In Amsterdam
10. Transferring Capitalism To England
11. Hatching The Bank Of England
12. Political Economists: Priesthood Of The Bankers Theology
13. The Usury Debate Continues
14. U.S. Colonial Moneys
15. The Money Power vs. The Constitution
16. U.S. Government Money vs Private Money
17. The Greenbacks: Real American Money
18. Nineteenth Century Monetary Crimes - The Great Deflations
19. Establishment Of The Federal Reserve
20. Federal Reserve System Wrecks America
21. Germany's 1923 Hyper-Inflation Under A Private Central Bank
22. International Monetary Organizations
23. The European Monetary Union
24. Proposals For U.S. Monetary Reform
Stephen Zarlenga - The Lost Science of Money
selected bibliography
For more infos: American Monetary Institute (AMI)
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Originally Posted by NameLikeNoOther
