1%. The book that the financial establishment doesn't want you to read.: The first ever behind-the-curtain look at how banks really function, and their impact on society.

by Robert Sharratt

What is the driving force behind most populist and protest movements? A feeling of INEQUALITY. From Occupy groups to global trade demonstrations, from American middle class angst to yellow vest frustration in France to the Arab Spring, a common feeling unites them that something in the system is unfair. Left-wing and right-wing movements alike use remarkably similar language to express a core that the establishment’s economic model is rigged against them. The same protest sentiment is expressed globally. Statistically, these movements are inequality is rising in all developed economies around the world. But, what is the common cause? This book shows that the structure of the banking system is a main cause of inequality in society. But, it isn’t a protest book. It isn’t meant to make you feel outraged or to provide an historical account of inequality or a lot of statistics. It is more useful than that. This book demonstrates technically how inequality is caused by the banking system. This is the first book ever that gives a genuine behind-the-curtain look at how banks really function and their impact on society. It reveals that banks create most of the money in an economy, not the state. It shows why inequality and discrimination against out-groups are institutional. It explains the banking mechanism that transfers wealth from the many to the few over time. It shows that, unlike almost all other industries, the banking sector enjoys unparalleled protection by the establishment against competition. This book solves some mysteries, like the - Why is fractional reserve banking like a distorted version of the game Monopoly? - Why does the establishment find women’s sexual education repugnant? - Why does the economy blow up from time to time? - Why was Karl Marx so pissed off? - What does Professor Sybill Trelawney have in common with the governors of the Federal Reserve? It shows that the 1% derive much of their power from their preferential access to bank-created money. Money and the banking system underlie inequality and discrimination in society; if you want to address these issues, you have to start at the source. In the end, this is not really a book about money and banking; it is more about our values as a society.

Genres: Economics

160 pages, Kindle Edition

Published January 15, 2019

Reviews

[Stephen Perrenod · Rating 5 out of 5]

One of my Top 2 on Cryptocurrency

Do you understand how money is created? Really understand? Few do. The author is a former investment banker who explains how fractional reserve banking really works in plain language. He shows how it systematically funnels money toward the 1%. He advocates for cryptocurrency as a superior form of money and proposes that crypto banking with its asset-based push model will replace the cumbersome quasi-analog debt-based fractional reserve pull model. And this will be a fairer system for the 99%.

[DANIEL OSARO · Rating 5 out of 5]

Banking Mystery unmasked

Banking was created by a selected few for a selected few to propagated perpetual debt dependency to their advantage.
Revealing that banks are for perpetual growth ordained and backed by the government globally with escape route for the disadvantaged.
More enlightenment about the possibility of cryptocurrency as a way out.
The brave should continue to look for freedom.
Well written.

[Larry M Bergelt · Rating 5 out of 5]

Great money education

I have already begun investing in crypto like many others. I have seen the security of crypto and now the fallibility of the current system. I now know even more about the current system that maybe I didn't want to know. Money has always been a difficult subject, mainly because most people don't understand it. This book has opened even my eyes.

[Delite Collier · Rating 5 out of 5]

Wow what a great Book

I learned so much about money and banking that I did not know. I hope that we can get to a fair market. I think we have the same problem in health care. Lots of lies to keep money in big pharma!

[Ezra Samuels · Rating 5 out of 5]

Eye Opening Revelation

Banks and the 1% employ a monopolistic system that is fraught with lies that disenfranchised the 99% who are not aware of the game being played against them with a deck stacked in the favor of the house i.e. the 1%.

[erick tavarez · Rating 5 out of 5]

Amazing read

This author truly captured the true way this massive transfer of wealth is being conducted. A very informative book and should be a must read for everyone.