A couple early endorsements for my just published book, ‘Central Bankers at the End of Their Ropes’, Clarity Press, August 2017, now available on Amazon, in bookstores, from the publisher, and via paypal from this website plus a Special Notice.
SPECIAL NOTICE: The European Financial Review (London) and the World Financial Review (London) journals are seeking reviewers of the ‘Central Bankers at the End of Their Ropes’ book for their next issues. If any reader is interested, see Dr. Jack Rasmus at drjackrasmus@gmail.com who will arrange a complimentary copy of the book from Clarity Press and put them in touch with the journals)
ENDORSEMENTS:
1. “The financialization of the US economy has been well documented
with finance capital now far surpassing manufacturing as a percentage
of GDP. Rasmus documents the ties of the Federal Reserve to Wall
Street and demands democratization of central banking with a series of
common sense solutions. A great book. I learned a lot from it.”
—Larry Cohen, Board chair, Our Revolution
Past President, Communications Workers of America
(This endorsement is posted on the Clarity Press website at Claritypress.com/RasmusIII.html)
2. “Central Banks On the Ropes? By Jack Rasmus is a tour de force of both the history of central banks and how they have degraded into weapons of mass financial destruction in the service of the 1%. Historically central banks have always been in the service of elites; first, to provide loans to Princes, Kings, and Emperors for their endless wars; more recently as the lender of last resort to financial institutions who are too big to fail and too big to jail. It is the latter function which has brought us to the financial abyss, an ocean of debt of over $20 trillion, broadcast world wide to the 1% who have used the electronically printed money as fast as they receive it for gambling in financial assets, off shoring jobs, buying stocks and bonds, and generated rivers of dividends to themselves. It is part of Jack Rasmus’s major achievement that he unravels the layers and layers of deceit by the central banks and the all too trusting media to show that the publicly announced goals of lender of last resort, maintaining inflation and money supply goals, are empty ideology. Which is why central banks are “on the ropes” and we face the financial abyss: the central banks cannot stop the flow of billions of electronically printed cash or raise interest rates significantly without plunging the markets into financial crisis. But it is the rivers of cash distributed world wide that has prompted bubble after financial bubble and will lead inevitably to the next crash.”
-David Baker, Amazon reviewer
(This endorsement is posted on the Amazon.com bookpage for the book, located at https://www.amazon.com/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=jack+rasmus+in+books)
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