Michael Rowbotham Explained

Michael Rowbotham is a political and economic writer and commentator based in the UK who is primarily known for his two books,^[1] The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics (1998)^[2] and Goodbye America (2000).^{[3] [4]}

The Grip of Death

The Grip of Death: A Study of Modern Money, Debt Slavery, and Destructive Economics focuses on what he believes to be inequities in the practice of fractional-reserve banking (which he equates with counterfeiting) and the economic distortions he believes to be inherent in the so-called debt-based monetary system which almost all nations use in the modern age.^{[5] [6] [7]} In Goodbye America, Rowbotham argues that Third World debt is immoral, invalid, and inherently unrepayable.^[8]

See also

• Criticism of fractional-reserve banking
• List of monetary reformers
• Monetary reform
• Soft currency

Notes and References

1. Web site: IPGBook page.
2. Matters of life and debt (Review of The Wealth of the World and the Poverty of Nations by Daniel Cohen and The Grip of Death by Michael Rowbotham). Coates, Barry. The Times Literary Supplement (London, England), Friday, 21 April 2000; pg. 31; Issue 5064. (1495 words)
3. Stretch marks (Review of Blowback by Charles Johnson and Goodbye America by Michael Rowbothan). Perkin, Harold (Prof.). The Times Literary Supplement (London, England), Friday, 27 July 2001; pg. 24; Issue 5130. (1890 words)
4. D. Wall, "Review article – Green Anti-Capitalism", Environmental Politics, Volume 10, Issue 3, 2001, pages 151–154
5. http://www.cfoss.com/grip.html Extract from Grip of Death
6. http://www.prosperityuk.com/prosperity/revus/grip.htmland Review of Grip of Death by Prosperity UK
7. http://www.feasta.org/documents/feastareview/glynn.pdf Review of Grip of Death by Joe Glynn
8. News: They don't owe us, we owe them. 2 January 2008. Guardian Unlimited. George Monbiot . London . 20 July 2000.