This is a REPRINT of an exceedingly difficult book to find.
Please allow two weeks for the book to be delivered.
Note: This book is a reproduction of the historical text for academic, historical, or collector purposes.
1971 edition printed in 2026.
6" x 9" / 244 pages
Book description
Published in 1971, "Money"—The Greatest Hoax on Earth presents Merrill M. E. Jenkins Sr.'s critique of modern banking and the monetary system. Jenkins argues that currency unbacked by tangible assets enables financial institutions and governments to expand credit in ways that encourage inflation and erode purchasing power. He places particular emphasis on the Federal Reserve and questions the relationship between bank-created credit, money, and real wealth. The book is a polemical contribution to debates over paper currency, monetary reform, and the social consequences of inflation. Its conclusions reflect the author's own monetary theory rather than a consensus account of banking. It offers a period perspective on economic concerns prominent in the early 1970s.
