The lost science of money traces the money power through three and a half millennia from barter to the euro. A central theme of stephen zarlengas lost science, that money established by law can be traced to aristotle, is not entirely safe. Zarlenga lost science of money, ellen brown the web of debt and the public bank solution, and david graeber debt. The book that neither debt money nor hard money advocates want you to read stephen zarlenga s groundbreaking, exhaustively researched book the lost science of money explodes various myths surrounding both the history and nature of money, and proposes what i believe is a longoverdue reform of our monetary system. Over time, whoever controls the money system, controls the nation.
You are invited to join in this adventure for monetary reform. The mythology of money, the story of power stephen zarlenga. The mythology of moneythe story of power, american monetary institute, new york. I will take advantage of the opportunity presented by this paper of zarlenga and poteas to move the discussion forward. Dear friends of the american monetary institute, here is your chance to help get the fed audited for real. Isbn 1930748035 zarlenga s book, is in many ways, impressive, but in other ways, disappointing. The institute is dedicated to monetary reform and advocates taking control of the monetary system out of the hands of banks and placing it into the hands of the us treasury. The whole book is a monetary reform tract, which claims the money power that exists in the populace has been. The mythology of money, the story of power by stephen zarlenga. A brief history of interest ami american monetary institute 321 8. The top bankers keep us ignorant on purpose and have funded disinformation and false economic theories to keep the public and even the serious researchers ignorant of how. This is a polemical book which starts with the assumption of the philosopher aristotle that moneyexists not by nature, but by law and it is in our power to change it and make it useless. Treasury in december, 2003, titled the lost science of money a solution to the states fiscal crises. Stephen zarlenga wrote a paper 1994 titled a refutation of mengers theory of the origin of money.
Zarlenga is the author of the lost science of money 4. Zarlenga argues that this would mean money would be issued by government interest free and spent into circulation to promote the general welfare, and that substantial expenditures on infrastructure, including human. The mythology of money the story of power by stephen zarlenga the american monetary institute, po box 601, valatie, ny, 2002. I discuss carl mengers origin of money and reply to stephen zarlengas criticism of it. Aristotle established what the authors consider the science of money in the 4th century bc, when he defined money as an abstract legal power, a fiat of the law, summed up in his phrase, money exists. The history of money is critical to understanding the greatest problem the third millennium will face. This is a very complex and lengthy discussion, just like the book of zarlenga 2002. The book gives good examples of usury and its effects in practice. Updated and adjusted materials taking continuing research on this subject into account are found in the lost science of money book, published. The mythology of money and story of power 2002 stephen zarlenga a must read for anyone wanting to.
Isbn 1930748035 zarlengas book, is in many ways, impressive, but in other ways, disappointing. He essentially rewrites western history dating back to the ancient. The book that neither debtmoney nor hardmoney advocates want you to read stephen zarlengas groundbreaking, exhaustively researched book the lost science of money explodes various myths surrounding both the history and nature of money, and proposes what i believe is a longoverdue reform of our monetary system. Stephen zarlenga founded the american monetary institute ami, which helped representative dennis kucinich write the need act, which stands for the national. The lost science of money, by stephen zarlenga, cofounder, american monetary institute, dr. The battle for the control of money the nature of money in modern economy implications and consequences by stephen zarlenga and robert poteat asad zaman vice chancellor, pakistan institute of development economics, islamabad 1. Like my critique of austrian economics 2004, it includes an appendix in which he reprints the insulting and unsubstantiated referee comments that judith thommesen wrote, as well as his own unsuccessful efforts to get his paper assigned to a real economist. Its clear from zarlengas extensive documentation and footnotes that the research for this book took decades. The mythology of money, the story of power in pdf or epub format and read it directly on your mobile phone, computer or any device. Notes 1 zarlenga, stephen, the lost science of money. Dec 26, 2015 the only ones who benefit from the conflation of money and credit are the issuers of credit with no money, politicians and economists. American monetary reform act community exchange system. Stephen zarlenga 1941 2017 the american monetary institute is a publicly supported charity founded in 1996.
I explain my theory of how the cattle standard gave way to the gold standard and then to the dollar standard. An economic historian and author, zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome the lost science of money, and hes also the author. That book presents the research results of the american monetary institute to date and this act puts the reform process described in chapter 24 into legislative language. The nature of money in modern economy implications and. Fortunately its also available in pdf format at the lost science of money. The mythology of money, the story of power zarlenga, stephen a. It draws fascinating, previously lost monetary principles from ancient greece and rome, from the experience of the moslems, venice, the templars, the jews, the bank of amsterdam and bank of england, and the federal reserve system. Warm regards to all, stephen zarlenga over time, whoever controls the money system controls the nation. Our book, the lost science of money by stephen zarlenga is recognized as the classic book on monetary history and reform. The lost science of money the mythology of money the story of power, stephen a. Overcoming zionism creating a single democratic state in. The lost science of money american monetary institute. Finally, it will speak to the need and steps required for a national movement to democratize money. Introduction the lost science of money by stephen zarlenga 2002 is an eyeopener regarding the nature of.
This book being the lost science of money by stephen zarlenga whos our guest, who is the director of the american monetary institute, and in the minute and a half that we have left can you summarize this. The lost science of money, stephen zarlenga, american monetary institute, 2002. Tillsammans med sina medarbetare pa institutet har. Using publicly created money to fund public projects. The battle for the control of money the nature of money. Critique of stephen zarlenga on the origin of money. The lost science of money greens for monetary reform. Sincerely, stephen zarlenga director, ami please see the lost science of money book for the case histories that demonstrate. The lost science of money, by stephen zarlenga, cofounder, american monetary institute. The lost science of money shows how a false concept of money allowed it to happen, and tells how to reverse it.
The real outcomes in society whether there will be general economic justice or corrupt financial privileges for the few are usually determined by the structure of a societys monetary system. An economic historian and author, zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome the. The mythology of money the story of power by stephen zarlenga the american monetary. The lost science of money keeps alive, in public consciousness, the fact that our money is privately created, and the primary importance of taking back this power into public control. The book gives good examples of usury and its effects in practice, but the author fails to give an adequate solution to the problem. The mythology of money and story of power 2002 stephen zarlenga see other formats. Presenting the american monetary act as of april 6, 2008. Its a great honor and opportunity to bring the research results of the american monetary institute to your attention, which are relevant to the developing. Zarlenga har skrivit boken the lost science of money, a study of monetary history and monetary reform.
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