Comments on: The Ascent of Money: A Financial History of the World http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/ Tue, 09 Mar 2010 18:10:33 +0000 hourly 1 By: C. Wilson http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/comment-page-1/#comment-132 C. Wilson Sat, 21 Nov 2009 17:42:35 +0000 http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/#comment-132 If you believe that Milton Friedman and Augusto Pinochet are great 20th century heroes worthy of being worshipped; that hedge funds etc can cure all of the world's economic woes and you have a fondness for revisionist history written as being real, you will be very comfortable with this book. Rating: 1 / 5 If you believe that Milton Friedman and Augusto Pinochet are great 20th century heroes worthy of being worshipped; that hedge funds etc can cure all of the world’s economic woes and you have a fondness for revisionist history written as being real, you will be very comfortable with this book.
Rating: 1 / 5

]]> By: Michael Santomauro http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/comment-page-1/#comment-131 Michael Santomauro Sat, 21 Nov 2009 17:07:00 +0000 http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/#comment-131 I now know from reading this book that the author is an honest, hard working, modest and generous guy with an eye for the HARD TRUTH. <br /> <br />A MUST READ! Rating: 5 / 5 I now know from reading this book that the author is an honest, hard working, modest and generous guy with an eye for the HARD TRUTH.

A MUST READ!
Rating: 5 / 5

]]> By: BMW760Li http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/comment-page-1/#comment-130 BMW760Li Sat, 21 Nov 2009 15:39:11 +0000 http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/#comment-130 This book is informative. This wealth of historical information is in fact the most worthy aspect of the book. I also feel that the book's central theme is accurate and timely: Money, banks and innovative financial instruments produce value by improving the efficiency of financial intermediation. <br /> <br />Imagine being in one of the most successful boy bands of all time, New Edition; Then leave the group to become one of the biggest pop stars in the world; Date some of the most world renown celebrities, such as Janet Jackson and Madonna.... <br />Bobby Brown: The Truth, The Whole Truth and Nothing But... Rating: 4 / 5 This book is informative. This wealth of historical information is in fact the most worthy aspect of the book. I also feel that the book’s central theme is accurate and timely: Money, banks and innovative financial instruments produce value by improving the efficiency of financial intermediation.

Imagine being in one of the most successful boy bands of all time, New Edition; Then leave the group to become one of the biggest pop stars in the world; Date some of the most world renown celebrities, such as Janet Jackson and Madonna….

Bobby Brown: The Truth, The Whole Truth and Nothing But…
Rating: 4 / 5

]]> By: Steve Messi http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/comment-page-1/#comment-129 Steve Messi Sat, 21 Nov 2009 13:08:20 +0000 http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/#comment-129 I have watched Nial Ferguson's documentary on the subject in question and I think that the man is everything but an economic historian. To begin with, he is incapable of describing the origin of money as a commodity that grows in a society into a medium of exchange. Historically, money has always been a commodity and it is important therefore to make a comparison with our current worldwide FIAT money system. <br />Also, Nial is an historian, not an economist and he is unable to explain the causes and origins of business cycles that have led to the destruction of countless fiat paper money, starting in China where paper money was born. <br /> <br />Overall, Nial is a good story teller but his book cannot be appraised in today's crisis nor does he provide a solution to our current inflationary tendencies. <br />For anyone truly seeking to understand monetary history, I would recommend Murray Rothbard and Jesus Manuel de soto's works. Nial is obviously a statist lacking the depth of real fundamental economics. Rating: 1 / 5 I have watched Nial Ferguson’s documentary on the subject in question and I think that the man is everything but an economic historian. To begin with, he is incapable of describing the origin of money as a commodity that grows in a society into a medium of exchange. Historically, money has always been a commodity and it is important therefore to make a comparison with our current worldwide FIAT money system.

Also, Nial is an historian, not an economist and he is unable to explain the causes and origins of business cycles that have led to the destruction of countless fiat paper money, starting in China where paper money was born.

Overall, Nial is a good story teller but his book cannot be appraised in today’s crisis nor does he provide a solution to our current inflationary tendencies.

For anyone truly seeking to understand monetary history, I would recommend Murray Rothbard and Jesus Manuel de soto’s works. Nial is obviously a statist lacking the depth of real fundamental economics.
Rating: 1 / 5

]]> By: starflakes http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/comment-page-1/#comment-128 starflakes Sat, 21 Nov 2009 13:00:51 +0000 http://abmfin.com/general/the-ascent-of-money-a-financial-history-of-the-world/#comment-128 Mr. Ferguson has a set pattern in his writings of lots of magician tricks to make the audience believe the show is real by telling them Jeopardy question facts before moving on to not pointing the real finger of Truth at anything. <br />If you want to read a skewed version of not the entire subject, then read Mr. Ferguson's books. One should note that just not anyone can get published in the literary industry unless you have the blessing of the very people you are exposing. In noting that, this book could be more looked at as "A Robber Barons' Guide to the Galaxy in how we snookered the world" with Niall Ferguson as the guy running the spotlight who keeps flicking that light onto other areas. <br /> <br />The current financial crisis is an attack on the United States proper which was engineered out of the central banks of Europe. If one bothers notice, France was the banking house which set off the same shock waves in housing and derivatives collapse. There are no coincidences in this as it is all staged just as Warren Buffett was bragging about over 30 billion in profits which came out of people loosing money in their 401K's until he was exposed and then the headlines were planted, "Poor Warren his stocks are falling too". <br />Amazing how over 100 billion in a company, a billion for each of his children in a trust which can not be taxed and being a billionaire makes one poor when you have the president elect's political ear with all the other financial titans who are profiting off of all of this. <br /> <br />Mr. Ferguson's credentials mean nothing as he is no Victor Davis Hanson at Hoover. Mr. Ferguson is the Dinesh D'Souza of fellows in writing a great deal in things he explores from other people's work. <br />No one is pointing out in this the devaluation, the constriction of the economy, the way money is being flushed out of the Stock Market so the financial houses can sweep it up or leave savings accounts with devalued dollars nor are they pointing out all of this just did not happen. <br />Iceland was the control to see the effects and is imploding. England will be the next implosion with America the final implosion leaving the central Europeans in financial control while looking to Chinese and Indian slave labor or military fodder backed by Russian oil and arms. <br /> <br />The great minds have noted a Eurasian world war is coming and what is happening in this attack upon the United States happened during Lincoln's era, happened during the 30's and again in the 70's. What is brewing now is a shift from this economic warfare for global superpower to a world war in which Eurasia implodes. <br />Mr. Ferguson not taking the entire picture into account in how this is a direct attack upon Anglo American finance, assisted by many traitors to their own nations highlights his book is either inept or the only reason his book was manufactured just in time to herd the masses into thinking it is all just a typical event is but propaganda from the very people behind this financial manipulation. <br /> <br />I would not purchase this book. I would instead invest the money into something sound that the financial titans can not get their hands on. <br /> <br />There is an even older lesson that is free in economics: <br /> <br />Stay out of debt. Invest in things which can not blow away and always make certain you have your own home paid for. <br /> <br />Follow that advice in what is coming or read someone like Mr. Celente published online who has been predicting quite accurately the economic problems and you will be farther ahead than knowing what Mr. Ferguson is selling. <br /> <br />May God keep us in the times ahead. Amen Rating: 1 / 5 Mr. Ferguson has a set pattern in his writings of lots of magician tricks to make the audience believe the show is real by telling them Jeopardy question facts before moving on to not pointing the real finger of Truth at anything.

If you want to read a skewed version of not the entire subject, then read Mr. Ferguson’s books. One should note that just not anyone can get published in the literary industry unless you have the blessing of the very people you are exposing. In noting that, this book could be more looked at as “A Robber Barons’ Guide to the Galaxy in how we snookered the world” with Niall Ferguson as the guy running the spotlight who keeps flicking that light onto other areas.

The current financial crisis is an attack on the United States proper which was engineered out of the central banks of Europe. If one bothers notice, France was the banking house which set off the same shock waves in housing and derivatives collapse. There are no coincidences in this as it is all staged just as Warren Buffett was bragging about over 30 billion in profits which came out of people loosing money in their 401K’s until he was exposed and then the headlines were planted, “Poor Warren his stocks are falling too”.

Amazing how over 100 billion in a company, a billion for each of his children in a trust which can not be taxed and being a billionaire makes one poor when you have the president elect’s political ear with all the other financial titans who are profiting off of all of this.

Mr. Ferguson’s credentials mean nothing as he is no Victor Davis Hanson at Hoover. Mr. Ferguson is the Dinesh D’Souza of fellows in writing a great deal in things he explores from other people’s work.

No one is pointing out in this the devaluation, the constriction of the economy, the way money is being flushed out of the Stock Market so the financial houses can sweep it up or leave savings accounts with devalued dollars nor are they pointing out all of this just did not happen.

Iceland was the control to see the effects and is imploding. England will be the next implosion with America the final implosion leaving the central Europeans in financial control while looking to Chinese and Indian slave labor or military fodder backed by Russian oil and arms.

The great minds have noted a Eurasian world war is coming and what is happening in this attack upon the United States happened during Lincoln’s era, happened during the 30’s and again in the 70’s. What is brewing now is a shift from this economic warfare for global superpower to a world war in which Eurasia implodes.

Mr. Ferguson not taking the entire picture into account in how this is a direct attack upon Anglo American finance, assisted by many traitors to their own nations highlights his book is either inept or the only reason his book was manufactured just in time to herd the masses into thinking it is all just a typical event is but propaganda from the very people behind this financial manipulation.

I would not purchase this book. I would instead invest the money into something sound that the financial titans can not get their hands on.

There is an even older lesson that is free in economics:

Stay out of debt. Invest in things which can not blow away and always make certain you have your own home paid for.

Follow that advice in what is coming or read someone like Mr. Celente published online who has been predicting quite accurately the economic problems and you will be farther ahead than knowing what Mr. Ferguson is selling.

May God keep us in the times ahead. Amen
Rating: 1 / 5

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