So, yesterday was the official kick-off of the Keep Portland Weird festival here in Paris, which meant that I had a reading/screening in the...
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This book is dishonest. The author misrepresents many facts. For example, there is a discussion of the history and basis of money. Later in the book he suggests that if everyone paid their debts, all money would disappear because there is no basis for money. He has forgotten that earlier he stated that money arises from labor and goods. The value of labor and goods does not disappear when people pay off their debts.
His case is built on false understandings and no appreciation for other events that were occurring simultaneously with the events he describes. His fantastic argument that Lenin was acting in behalf of capitalists really strains the imagination.
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Kathleen Taylor has commented on (1) product.
The Creature from Jekyll Island by G. Edward Griffin
Kathleen Taylor, September 22, 2009
This book is dishonest. The author misrepresents many facts. For example, there is a discussion of the history and basis of money. Later in the book he suggests that if everyone paid their debts, all money would disappear because there is no basis for money. He has forgotten that earlier he stated that money arises from labor and goods. The value of labor and goods does not disappear when people pay off their debts.His case is built on false understandings and no appreciation for other events that were occurring simultaneously with the events he describes. His fantastic argument that Lenin was acting in behalf of capitalists really strains the imagination.
(7 of 40 readers found this comment helpful)