MUNICH--(BUSINESS WIRE)--“The core problem of our society is its monetary system. It is a pure paper money standard, in which new money is created out of thin air and almost no citizen is conscious about this fact”, states Andreas Marquart, financial consultant and together with Philipp Bagus author of “Blind Robbery!: How the Fed, Banks and Government Steal Our Money”. Already a bestseller in Germany the book has now been published in English.
Together with Phillip Bagus, economic professor at the Universidad Rey Juan Carlos in Madrid, Marquart shows how money arises and why the current money is everything but good money. Furthermore the book explains the tremendous influence of the current bad money on almost every aspect of the society. It is certainly not limited to only the economic world. So Marquart and Bagus emphasize the importance of good and sound money for a society.
Furthermore the book raises and answers the question, what role does the state, the government, and politics in total play in redistribution in favor of the super-rich and it explains that implicit trust in the state is not only an unwise but a very dangerous behavior – especially in regard for your financial future.
“Our intention was to write a readily understandable introduction to the question of how money is created and why it is responsible for so many problems in our society”, says Philipp Bagus. “En passant it also became an encouragement for self-reliance and a conformation for everyone who never dared to trust the government or other state authorities completely.”
