Most people believe our government creates our money and that the Federal Reserve, that oversees it, is a government agency.  Wrong on both counts. Surprised? I felt like Dorothy in the Wizard of Oz, reading Attorney Ellen Hodgson Brown’s substantive and well-documented book, Web of Debt. Its history and its grasp of current events makes it comprehensive, and, even better, Brown makes it readable.  You’ll learn about the Populist roots of that Frank Baum story we all thought we knew so well. It turns out the yellow-brick road was the gold bullion of bankers at the turn of the century and Dorothy’s slippers weren’t ruby slippers; they were populist silver. Technicolor made them red for Judy Garland removing the meaning of what William Jennings Bryan and his followers campaigned for.

Brown thinks it is time we finish the work they began to bring justice to national monetary policy.  Her book’s subtitle hints at solutions: The Shocking Truth about Our Money System and How We Can Break Free. The book delivers on this.  Credit, which sounds so nice, only creates more debt, but our government could create debt-free money just the way people now believe it does.  Brown also has a blog.

Another blog with an informed view of economics you’ll recognize: