Bestselling Book in China, "Currency Wars," Is About The FED!

sevin · Nov 9, 2011

I just heard about this book today and it sounds interesting. I'm impressed that senior level government and business leaders in China are reading it. Anyone here ever heard of or read this book?

http://en.wikipedia.org/wiki/Currency_Wars#cite_note-5

Currency Wars by Song Hong bing, also known as The Currency War, is a bestselling book in China, reportedly selling over 200,000 copies and is reportedly being read by many senior level government and business leaders in China....The premise of this book is that Western countries are ultimately controlled by a group of private banks, which, according to the book, runs their central banks. This book uses the claim that the Federal Reserve is a private body to support its role. The book's author correctly predicted a banking crisis in the US in 2008. More than 1 million of this book were sold.... According to the book, the western countries in general and the US in particular are controlled by this clique of international bankers, who uses currency manipulation (hence the title) to gain wealth by first loaning money in USD to these developing nations and then shorting their currency. The Japanese Lost decade, the 1997 Asian Financial Crisis, the Latin American financial crisis and others are attributed to this cause. It also claims that the Rothschild Family has the wealth of 5 trillion dollars whereas Bill Gates only has 40 billion dollars.

And there are two sequels.

Currency Wars 2 : World of Gold Privilege. In this book Mr Song predicted that by 2024, the world's single currency system will mature. He believes that if China can not be dominant in this system, it should not participate, but should be self-hill, have their own sphere of financial influence.[

Click to expand...

Currency Wars 3 : Financial High Frontier. It discuss more specifically the modern Chinese History (from Chiang Kai-shek to the depreciation in the long term trend of U.S. dollar) seen from a Currency War perspective. It pushes towards an isolationist financial policy.

Click to expand...

Becker · Nov 9, 2011

cites a nut called Eustace Mullins, and uses a lot of material from the Money Masters.

Its basically an internet collection of your familiar anti-fed articles, translated into Chinese, the footnote citations are all in English, they are books and websites you've heard of ad nauseum. (yes, I have a copy)

Incrimsonias · Nov 10, 2011

Becker said:
cites a nut called Eustace Mullins, and uses a lot of material from the Money Masters.

Its basically an internet collection of your familiar anti-fed articles, translated into Chinese, the footnote citations are all in English, they are books and websites you've heard of ad nauseum. (yes, I have a copy)

you read chinese?

pmbug · Nov 10, 2011

I thought this thread was going to be about James Rickards' book (see link below) with the same title which is due out tomorrow. It would make sense to the that senior Chinese officials would be interested to read Rickards' book since he often advises US officials and the Pentagon.

http://www.amazon.com/Currency-Wars-Making-Global-Portfolio/dp/1591844495

Travlyr · Nov 10, 2011

Becker said:
cites a nut called Eustace Mullins, and uses a lot of material from the Money Masters.

Its basically an internet collection of your familiar anti-fed articles, translated into Chinese, the footnote citations are all in English, they are books and websites you've heard of ad nauseum. (yes, I have a copy)

Eustace Mullins was not a nut. The counterfeiters did everything they could to trash his reputation because he exposed their illegal Jekyll Island conspiracy with their own words.

Becker · Nov 10, 2011

Travlyr said:
Eustace Mullins was not a nut. The counterfeiters did everything they could to trash his reputation because he exposed their illegal Jekyll Island conspiracy with their own words.

http://www.amazon.com/Curse-Canaan-Eustace-Mullins/dp/0978651715

ok then...

and no, I don't read Chinese, but I have friends who do, and I asked them to pick up a copy when they were in Taiwan.

Incrimsonias · Nov 10, 2011

Becker said:
http://www.amazon.com/Curse-Canaan-Eustace-Mullins/dp/0978651715

ok then...

and no, I don't read Chinese, but I have friends who do, and I asked them to pick up a copy when they were in Taiwan.

did your friend help you translate it? if not how do you know the contents?

CaptUSA · Nov 10, 2011

I keep hoping they'll ask Paul about the "Chinese currency manipulation" so he can finally say, "You think China is manipulating currency?! And you want to put sanctions on them?! If you think it's a good idea to put sanctions on a country that manipulates their currency, you better watch out! Every country in the world would put sanctions on us!!"

pmbug · Nov 10, 2011

^ John Huntsman did mention that China would claim that we are manipulating our currency with QE during the debate last night.

Travlyr · Nov 10, 2011

Of course governments are manipulating currency. There is no question about that. That's what they do. That is the source of Power & Control.

Steven Douglas · Nov 10, 2011

The only reason why this book was not banned in Mainland China is not because it denounces central banking, which the Chinese government practices, but because the focus is on the Fed as a privately owned central bank that wields absolute, virtually unchecked economic power in that role. That is the difference. There are many in this country who think that a central bank and fiat money under a fractional reserve lending regime are as necessary to economic life as air and water, but only object to the fact that it's privately owned and controlled with no oversight by government.

Travlyr · Nov 10, 2011

Steven Douglas said:
The only reason why this book was not banned in Mainland China is not because it denounces central banking, which the Chinese government practices, but because the focus is on the Fed as a privately owned central bank that wields absolute, virtually unchecked economic power in that role. That is the difference. There are many in this country who think that a central bank and fiat money under a fractional reserve lending regime are as necessary to economic life as air and water, but only object to the fact that it's privately owned and controlled with no oversight by government.

Indeed. The information controllers have performed excellently. Getting all the liberty lovers on the same page is the information war challenge.

Becker · Nov 10, 2011

Incrimsonias said:
did your friend help you translate it? if not how do you know the contents?

not every page, just rough idea of what the chapters are about.

and like I said, the cited sources are 100% English, so you get an idea what they are writing. Even the photos attached are familiar.

braggbear · Nov 16, 2011

Is there anyway to get a copy of this in English? If not, could you tell us what some of his main English sources are? Or at least a book that you recommend that has the same theme.

I am eager to learn more.

Becker · Nov 16, 2011

braggbear said:
Is there anyway to get a copy of this in English? If not, could you tell us what some of his main English sources are? Or at least a book that you recommend that has the same theme.

I am eager to learn more.

Here's all the sources in the first chapter.

G E Griffin : Creature from Jekyll Island
Des Griffin, Descent Into Slavery
Eustace Mullins, The Secrets of the Federal Reserve
Ignatius Balla, The Romance of the Rothchilds
Glyn Davis, History of Money From Ancient Times to the Present Day
UK Nationa Statistics website
Frederic Morton, The Rothchilds
Benjamin Disraeli, Coningsby
R. McNair Wilson, Monarchy or Money Power
David Druck, Baron Edmond de Rothchild
Lord Rothchild, The Shadow of a Great Man
Ted Flynn, Hope of the Wicked

There's a total of 10 chapters, and an appendix article on "2008 financial crisis root cause". I'll see if I can scan the citation pages, because it was a pain to hold the book open and type them up.

Becker · Nov 16, 2011

Bestselling Book in China, "Currency Wars," Is About The FED!

sevin

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Becker

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Incrimsonias

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pmbug

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Travlyr

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Becker

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Incrimsonias

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CaptUSA

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pmbug

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Travlyr

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Steven Douglas

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Travlyr

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Becker

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braggbear

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Becker

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