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โIt is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.โ - Henry Ford
In this new startling book, Mr. Herold provides the most sophisticated insight and shocking details about the current monetary system. Never before has the massive manipulation of money caused so much despair and income inequality all over the world.
This book unveils over 20 secret methods used by banks, governments, and corporations to legally steal up to
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Book ID Asin: 1976890497
Book Title: The Money Deception - What Banks & Governments Don't Want You to Know
Book Author: Thomas Herold
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Book Format Name: Hardcover
Book Format Price: $23.85
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Book Format Price: $14.95
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Book Category: Books, Business & Money, Economics and unknown
Book Rating: 76 ratings
The Money Deception - What Banks & Governments Don't Want You to Know by Thomas Herold Book Review
Name: Grady Harp
Rating: 5.0 out of 5 stars
Title: Let me issue and control a nationโs money and I care not who writes the laws.โ - Mayer Amschel Rothschild
Date: Reviewed in the United States ๐บ๐ธ on April 4, 2018
Review: Author Thomas Herold is a successful entrepreneur and personal development coach, helping people build their dream businesses by focusing on education โ simplified and enhanced by modern technology. He now has published twelve books on Financial Terms โ Accounting, Real Estate, Banking, Trading, economics, Investments, Laws & Regulations, Acronyms, Retirement, Corporate Finance, The Financial Advisor to Building Wealth, The Principals of Successful Marketing, and Building Wealth with Silver. Thomas is equally adroit in guidance in the self-development field. He has a websiteโ the Financial Terms Dictionary โ in addition to his books, that supply the interested readers get started with financial education.
The overview of this book is presented in the spicy Introduction โ โYou would think, that with the trillions of dollars the banks have unleashed since 2008 by the simple act of pressing a few key strokes on their computers, we would bathe in abundance. Sadly to say, just the opposite has happened. Rents and housing prices are skyrocketing. Health care costs rise astronomical and obesity still increases. Most major necessities like cars and housing are only affordable through governmentโs intervention. Even two incomes from couples are no longer enough to survive. We have more conveniences, but less time. We have more degrees but less sense; more knowledge but less judgment; more experts, but more problems; more medicines but less healthiness. What has happened to the promise of the industrial revolution to free us from all the burden of heavy work? With all the technological advancements we have achieved - you would think - we enjoy abundance in our life. Unfortunately, in our current monetary system the majority of technology serves money and profit instead of people. This means that sustainability and abundance will never ever occur in a profit system, as it goes against the intrinsic idea of the structure. Therefore, it is impossible to have a world without war, or poverty. It is impossible to continually advance technology to its most efficient and productive states. Most dramatically, it is impossible to expect human beings to behave in truly ethical or decent waysโฆ By now 1% of the population control 50% of all wealth! False and dangerously misleading Wall Street and government statistics you see in the news have been designed to hoodwink the public and apply false economic rebirth and false job growth. Wall Streeters give different advice to their clients than they give their own families. While you sleep at night, while you go to work each day, something insidious is actually stealing your financial future. What I am about to unveil to you will challenge everything you've ever been taught about making money, financial planning and wealth. Te facts you will read may be shocking, shameful, and to anyone who cares about their hard-earned money and the financial future of their children, outright disturbing. These facts may even upset you. They will make you uncomfortable. You may well be tempted to instantly reject them. It's natural for you to want to move away from anything causing you discomfort; however, a great deal of growth and success is preceded by discomfort. You will come to understand why what's really happening in the economy is intentionally not being reported on the evening news; how the exact same mistakes of the Great Depression are being repeated right now. Why the biggest risk in the years ahead is being financially uneducated and how the financial services industry is cleverly exploiting those who are uneducated about moneyโฆetcโ
In this analytical book Thomas explains/exposes Where Money Comes From, Methods That Legally Steal Your Money, From Money to Wealth, The Law as of Metaphysics (including the Ego-Money Connection), and A Blink Into the Future (Digital Money โ A Solution?).
At the end of this illuminating book Thomas states, โAs an old saying goes: โThe mind divides and the heart unites.โ No longer can we rely on the top to bottom hierarchy that has governed civilizations since thousand of years. By 2017 we have grown to 7.6 billion people and in not even a decade, the entire planet will be interconnected. We have started to build the most intelligent network on earth, the Internet. In the future we will use it to create abundance worldwide. Borders will vanish because we will eventually understand that keeping the majority of the people poor comes at a high price. We are very close at the point, where cooperations could produce products at hardly no cost at all. Service will have a comeback because we have the urge for human connection. Itโs the human connection that makes us feel good, inspire us to think beyond ourselves, and let us thrive to be our best.โ
Step up and read this a fine resource published at a time when everyone needs to know how the financial milieu works. Grady Harp, April 18
Name: Fuad R Qubein
Rating: 4.0 out of 5 stars
Title: Changing a Failing Financial System
Date: Reviewed in the United States ๐บ๐ธ on April 30, 2018
Review: In this book, The Money Deception, the author, Mr. Thomas Herold, raises the red flag ; He is alarmed by what is going on in our financial system which he thinks is on the verge of collapsing. Although the focus is mostly on the US the repercussions are worldwide; after all, the USA is now the dominant economic force affecting the entire world .
The author is perhaps justified in declaring this warning, The financial meltdown of 2008 is still fresh in our minds, and to the author it was only the tip of the iceberg. But what other indicators are there to justify his fears? The US huge debt is a major worry especially when we discover that the Government pays in excess of $400 billion in interest on the debt - every year !! It is clear that the Government cannot go on paying such astounding amounts indefinitely. In the wake of the 2008 crisis, to save itself from bankruptcy, the US paid leading banks in excess of $16 trillion - the biggest bailout ever! This itself had a huge impact on the overall debt burden.
This author (who has written ten books on finance) believes there is something desperately wrong with the current financial system. Inequality, for instance, is now greater than ever before; 82% of the wealth generated last year went to the richest 1% of the global population !! One percent of the population now controls 50% of all wealth. To add insult to injury, 23% of people over 65 live in poverty, and around 80% of those who reached retirement age say they cannot afford to retire. This is not only shocking but shameful and outright disturbing. The economic system is dangerously close to collapsing and the general public is hardly aware of it.
While the author bemoans this current US system and how it is manipulated by government and banks to the disadvantage of the average citizen, he struggles to suggest better solutions for the future. The Bitcoin system, which does not require a central bank or government control, is given serious consideration. The Universal Basic Income (UBI) where a fixed salary is given to every citizen to reduce poverty and increase equality is suggested but has recently been tested in Switzerland and rejected. Other systems were also considered but seemed too far fetched for practical applications . It seems obvious that changing the current financial protocols will be a major undertaking which will take years of planning, testing and trials.
(Note: Sadly, this book is riddled with spelling as well as grammatical mistakes which can be distracting).
Fuad R Qubein.
Apr. 2018
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