The Dollar Is An Illusion, Gold Is Real

March 28th, 2009 11:02 pm  |  by Marc Gallagher  |  Published in Banking, Books, Debt, Economics, Federal Reserve, Free Market, History, Investing, Money, gold, gold standard, inflation  |  3 Responses

After completing Trace Mayer’s excellent ebook, “The Great Credit Contraction“, I stopped reading and said aloud, “Wow”. I started reading it with the intention of reading a few pages. Much to the detriment of sleep I ended up reading half the book in the first sitting.

The dollar truly is an illusion and gold is real money. Mayer’s book hammers this home in a profound way. One of the great things about the book is that it covers the fundamentals and history of money as we know it. If you ever wondered how the idea of fractional reserve banking came about then you should read this book. If you want an answer to the question, “What is money?”, then this book is for you.

Mayer utilizes several quotes from economists past and present to reinforce his points. He invokes the likes of Ron Paul, Lew Rockwell, Ludwig Von Mises, Alan Greenspan, and many others.

“The Great Credit Contraction” is a quick, educational, and enjoyable read and I highly recommend it.

Order The Great Credit Contraction

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Responses

Feed Trackback Address
  1. Hikkaro says:

    March 31st, 2009 at 12:43 pm (#)

    Sounds interesting, but in the interest of full disclosure, shouldn't you reveal that the link is, in fact an affiliate link and that you will make money off every purchase made through the link?

  2. marcg says:

    March 31st, 2009 at 1:04 pm (#)

    The link is in fact an affiliate link and we at LM will make money off of every purchase made through it (just like almost every link to a book reviewed here at LM).

    You'll also notice that any book we choose to review we actually like/love and are just trying to help get the word out about the great work these freedom loving author's do.

    We have to pay for hosting/upkeep just like any site.

    Enjoy,
    Marc

  3. Hikkaro says:

    April 1st, 2009 at 9:05 am (#)

    I totally understand that; I just feel that the disclaimer should be a standard part of your curent and future reviews, should it be applicable.

Leave a Response

You must be logged in to post a comment.