Last week I attended the regular meeting of Silicon Valley Campaign for Liberty. Their guest speaker was Kirk MacKenzie, the author of Money, Defending Your Prosperity. He presented and described our current monetary system, its history, and some of the virtues and problems.
Attendees who have read his book commented that it was very insightful as most people, including our current elected officials, have limited or no understanding on how "money" is created and how it interacts with our economy.
While I haven't yet had an opportunity to read this book from the presentation and comments I heard together with my understanding of the system I would would recommend this read.
A link for procuring this book or contacting the author can be found on the Information Links page http://www.paullazaga.org/content/information-links.
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Monetary system should be
Monetary system should be strongly supervised , this is one of the primary factor in determining the financial stability of the economy. Revenues collected, inflation rate and investors confidence are some of the basic factors to consider too. CNN Money reports that increased oil costs in the wake of political unrest in Libya have sent the cost of food commodities upward. I read this here: Libyan crisis inflates fuel and food prices, says UN A report by the United Nations Food and Agriculture Organization indicates that the food price index, which measures the price of a basket of food goods, was up 2.2 percent in Feb. Currently, the index is at its highest point since it was created in 1990.