Foreword II
This little book may seem to be a modern version of Don Quixote charging the windmill. Imagine a nonprofessional audacious enough to criticize the mighty Federal Reserve System!
Edward Veith has no degrees in economics to flourish. He's a retired working man. But he has done a surprising amount of personal research on the causes of inflation, and it seems to me that his thesis deserves a hearing.
No thinking person can be indifferent to as widespread and pernicious an evil as the galloping inflation that is almost literally stealing hard-earned money from the pockets of millions of Americans.
Edward Veith may be mistaken as to the key role that the Federal Reserve System plays in the inflationary process. If he is, he will humbly accept correction, for he is a humble man.
But if he's right—and I think he makes an impressive case—then a lot of us need to wake up and make our voices heard with our elected representatives in Washington.
As a Catholic priest, I'm expected to uphold moral standards and fight against immoral influences. Inflation that could be controlled, inflation which impoverishes the helpless, is a moral evil.
This little book deserves a hearing.
Robert Kanka [p. iii]
Give me the right to issue and control a nation's money, and I care not who writes its laws.
—Amschel Meyer Rothschild
(father of international banking)
No reform is possible
until money has been reformed [p. iv]
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