The Great Debasement: The 100-Year Dying of the Dollar and How to Get America's Money Back - Softcover

Craig R. Smith; Lowell Ponte

Softcover

ISBN 10: 0971148279 ISBN 13: 9780971148277

Publisher: Idea Factory Press, 2012

Synopsis

After 100 years of deliberate debasement, the US dollar is dying. Our politicians have deceptively siphoned off so much of its value that a 2012 dollar has only two pennies of the purchasing power of a 1913 dollar. This great debasement of America's money is by far the largest confiscation of wealth in world history—and you, your children, and your grandchildren are the ones on the losing end of this century-long policy. The Federal Reserve System, created by Progressives in 1913 to give America an "elastic" money, has taken on such enormous and far-ranging powers that it has become "the fourth branch of government" that killed the gold-backed dollar, and replaced it with an impostor currency, a central cause of today's dangerous economic problems. On the 100th anniversaries of the 1912 Progressive takeover of America and 1913 imposition of the Fed and income tax—still working together synergistically to transform the USA—we expose, and show how to reverse, the Progressives' Great Debasement of America.

About this title

About the Author:

Craig R. Smith is an author, commentator, and popular media guest because he instantly engages audiences with his commonsense analyses of local, national, and global trends. The founder and chairman of Swiss America Trading Corporation, he has helped many thousands of people for thirty years to hedge against the problems of a weakening US dollar. A monetary expert, he is the author of several books, including The Inflation Deception: Six Ways Government Tricks Us ... And Seven Ways to Stop It! (2011), Crashing the Dollar: How to Survive a Global Currency Collapse (2010), and Black Gold Stranglehold (2005). His free market economic worldview offers audiences a breath of fresh air amid today's failed big government approach. Smith believes we need a revival of self-government and free market principles to help rebuild the American economy.

About this edition

• Publisher: Idea Factory Press
• Publication date: 2012
• ISBN 10: 0971148279
• ISBN 13: 9780971148277
• Binding: Paperback
• Number of pages: 285