As the Federal Reserve Vice President answered the phone, I pumped my arm excitedly. A senior insider was finally going to answer my questions!

When I first researched how our monetary system works, my gut reaction was: this can’t be true. Our banking system cannot actually be constructed upon such obvious and monumental fraud. Before I put my name on a book criticizing our monetary system, I wanted to be sure I was not making the elementary mistakes I had heard other critics make. I wanted to hear a Fed insider either confirm what I suspected, or criticize my research and correct it. I wanted the truth, whatever the truth ended up being.

In the end, my opinion of the Federal Reserve is not favorable. Fed money creation caused the econolypse.

Fed is remarkably candid about its power to create money. This candor was surprising to me. I had figured that Fed economists would downplay Fed’s money creation power. They did not. Fed economists did downplay the consequences of their money creation. They also downplayed their power to uncreate money and engineer an economic phenomenon called hyperdeflation.

Getting insiders at Bank of America, Citigroup, and Goldman Sachs to talk was harder than at Fed. It took months of legwork, calls, and even trips to interview individuals who would not talk over the phone. Eventually I obtained the critical information necessary to develop a complete understanding of the econolypse.

Bubblenomics makes some incredible assertions, but they are completely factual. I have done the hard part so that you don’t have to. I hope that the result will entertain, educate and empower you.