The fourth edition of this important textbook gives a step-by-step explanation of how the national debt can be dramatically reduced before the year 2000 without raising taxes.
* Easy-to-read dialogue style
* Fully illustrated with charts, diagrams, and tables
* Includes an index of important terms and a complete glossary
This is the first scientific analysis of the debt-money system written for the layman.
Authors Ted Thoren and Dick Warner are Monetary Scientists. In The Truth In Money Book they apply engineering problem-solving techniquest o the monetary system in order to 1) discover precisely what is wrong, and 2) design a mathematically balanced so lution. Most money books are about the problem. This one is about the solution!
"synopsis" may belong to another edition of this title.
Theodore R. Thoren and Richard F. Warner bring to the study of the money system a unique combination of mathematical and analytical skills.
Mr. Thoren holds degrees in both mechanical and aeronautical engineering from the University of Michigan. He received his Masters Degree in mechanical engineering from the University of Iowa where he was an assitant professor. He is a member of Tau B eta Pi scholastic honor society and Sigma Xi for scientific research.
He joint Thompson Products (later TRW) where he became Director of Research and Development. From 1959 to 1968 he was Vice Presidnet of Engineering and Research for the Aero-Space division of Borg Warner Corporation where he was active in developing p ump systems for NASA's unmanned space program. In 1973 he received the Distinguished Service Award of the Cleveland Technical Societies Council.
Mr. Warner, a mechanical engineer, was a graduate of Case Institute of Technology. He was a member of Tau beta Pi and Theta Tau engineering honor societies. He joined The Cleveland Pneumatic Tool Company (now a division of Pneumo Corporation) and bec ame Chief Engineer of its Actuator Division.
Mr. Warner was the founder and owner of a company which serves education with specially designed graphic products for teachers and students.
Early in the 1970s both men independently became convinced that the continuing economic problems of our nation were the result of fundamental flaws in the design of the money system. Their mutual interests eventually brought them togethe rin writng Th e Truth In Money Book.
... The authors of The Truth In Money Book are on a mission. They want people to know exactly what the Federal Reserve is, how it operates, and why what it does doesn't work. And then they offer their own solution.
... Their information on the Federal Reserve (which is neither Federal nor a Reserve of exisitng money) is both easy to understand and fascinating. It's also important for an understanding of why you never have enough money and are always running to catch up...and what's wrong with the country. ... -- Countryside Magazine, January/February 1999
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