Contact: Abigail Davidson, Publicist, WinePress Publishing, 360-802-9758, abigail@winepresspublishing.com
ENUMCLAW, Wash., Oct. 13 /Christian Newswire/ -- Knowledge is power, particularly when it comes to understanding the economy.
Al Schmitz, author of "Debt Money," says, "The money we use is the life-blood of our nation. Whoever has control of issuing money has control of people's private lives."
Schmitz believes that the act of "creating money" must be "held in the hands of a sovereign government responsive to its people."
The problem, Schmitz says, is that this power has been usurped by corrupt banking families. The volume of Treasury Notes created should be in accord with the number of people and the goods and services on the market, he says.
"Money should be created by Congressional authorization and paid out for government expenses. It should be loaned to businesses, producers, consumers, and enterprises as needed and approved by the government."
In "Debt Money," Schmitz proposes:
• There should be no debt behind treasury money
• No income tax is needed
• People's savings must be secure
• The public issuance of money should be in accord with God's law
Schmitz backs his words with nearly a century of experience. In December, just before the publication of his book, Al Schmitz passed away suddenly at the age of 92. He was a farmer all his life and for many years, had served as an activist for farmers and ranchers. His desire was to reach the people with his book and give them knowledge to help our suffering economy.
"A kernel of grain can reproduce itself many times over, and with a new seed, do a repeat year after year," he says. "Farming should be a rewarding enterprise, financially, because of this fact. But it isn't."
God created a beautiful, orderly universe, Schmitz says. He would never approve of an economic institution that heads us towards collapse and chaos. "Debt Money" gives readers a practical solution for negotiating today's unsound economy.
To purchase a copy visit www.winepressbooks.com or call 877-421-7323. For a review copy contact Abigail Davidson at 360-802-9758 or abigail@winepresspublishing.com.
