Thomas Woods' "Meltdown": Buy It Now!

clipped from www.amazon.com Tom Woods has written a timely and timeless book - timely because it addresses the most pressing issue of our day, and timeless because he explains economic cycles and the nature of money in plain language. The first chapter quickly identifies fractional reserve central banking as the main driver of the current and previous economic downturns. It's a long-overdue call to debate the necessity of our Federal Reserve system. The second chapter addresses the housing bubble, and how the loudest voices on all sides of the debate are proposing solutions to the symptoms instead of recognizing the real problem. The third chapter addresses the government's futile reactions to the financial and economic crisis in the last months of 2008 The forth chapter alone is well worth the price of the book. Mr. Woods explains in plain language that economic cycles are not natural phenomenon, but are caused by artificial manipulation of the money supply.

Order it now and RTWT. As an indispensible guide to the economic crisis, this is in a class with -- even arguably better than and that's saying something -- the John Allison lecture in the "Classics" section on the right sidebar.

In fact, I think you need to read this so badly that I will buy a copy for the first ten people that email me requesting a copy. How's that for an endorsement?