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DEBT VIRUS: The Best Book Ever About Why This Is Happening

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posted on Apr, 3 2009 @ 10:05 AM
To All Who Are Interested In Understanding Why This Crisis Started,
And Why It May Truly Never End (Under The Current Economic System)...

Please google or buy or borrow a 25 year old book written by an Indian
PhD called:


It explains, in layman's terms, why INTEREST is at the core of all our problems, how INTEREST should not exist, and how DEBT is the foundation for the mess we are in... that DEBT, in itself, is a construct, like INTEREST,
its' bastard child.

The best part of the book is not just its' simplicity- it is its' foresight---
written a quarter century ago, it reads like it was written yesterday.


It will help you understand economics in ONE SINGLE EVENING!!!


T. Patrick

posted on Apr, 3 2009 @ 10:40 AM
Here is some more info on it, from an AMAZON review:

21 of 21 people found the following review helpful:
5.0 out of 5 stars Wealth, Virtual Wealth and Debt, June 23, 2002
By Michael Foudy
Frederick Soddy wrote a book in the 1920's with the same title as my review. Dr. Soddy was writing about the monetary system in England and he reached the same conclusions as Dr. Jaikaran. Dr. Soddy also won the Nobel Prize in Physics for work involving the discovery of Isotopes. Dr Soddy was clearly a very bright man, but after reading his book I must tell you he was obviously better with numbers and physics than he was with the English language.

Jacques Jaikaran, on the other hand, can write. Dr. Jaikaran and Dr. Soddy reached identical conclusions about money and the way it works in our society, but after reading "Debt Virus" you'll have a clearer, more understandable picture than you will after wading through "Wealth, Virtual Wealth and Debt."

This is an important book that anyone who earns, saves, invests or uses "money" (obviously I mean everyone) ought to read.

I interviewed Dr. Jaikaran for a radio show I once hosted and have heard him speak back in 1995. He taught me more about money than I had previously learned in four years as an undergraduate, three years in law school and twenty five years of business. And, he did so in an engaging, easy to understand manner.

Dr. Jaikaran (he's a medical doctor by the way) learned about money, after becoming a successful surgeon, when he was invited to join a bank board. Being a responsible person, he actually read the materials he was given by the bank, the FDIC, the Comptroller of the Currency and the Federal Reserve. Then after he resigned from the bank board and after the bank later failed, he translated all of that into English you and I can understand.

Dr. Jaikaran has made a compelling case that our civilization is piling up too much debt, causing debt inflation and creating dangerous monetary conditions. He also provides intriguing information about who owns the Federal Reserve (it's not who you think), how banking really works, the history of money, where our money comes, what banking systems might offer safer alternative systems from and other important facts. By the way, he's not a "gold bug" arguing for a return to the gold standard.

But, does any of this really matter to regular people like us? Well, if you paid attention to current events over the past five years, you will have noticed a series of currency crises in Thiland, Russia and Argentina. Those people we watched on television mobing banks, trying to get their money out of Argentina while it was still worth something and worried about the economic survival of their families, could easily have been you and me. Their system is basically the same as ours.

Dr. Jaikaran is a very bright, forthright and opinionated man with strong views on a variety of subjects. You may disagree with him about somethings, I do; however, I've not been able to find fault with his facts, logic or conclusions when it comes to money and debt.

If Dr. Jaikaran and Frederick Soddy are right about money and debt, and I think they are, then our monetary system is in grave danger.

I feel strongly enough about this that I've given this book to at least half a dozen people and suggested it to dozens of others. I would have given more away if I could find people willing to think about money, fractional reserve banking and debt.



posted on Apr, 3 2009 @ 10:58 AM
Guess what happened to the author of this book- the book that
PREDICTED what is happening now 17 years before it happened?
Not 25, as I said before, sorry... Here is a summary:

"Dr. Jacques Jaikaran has once again been put in Federal prison by a
notorious renegade federal judge in Houston, Texas. Dr. Jaikaran was
jailed this summer for six weeks on a contrived contempt charge by
Judge Lynn N. Hughes for attempting to sue a bank. He has now been
jailed again after a court hearing on Friday, November 30 on contempt
for â??failing to be employed and contributing 50% of his income to the
court registry,� although he showed proof of his attempts to secure

Dr. Jaikaranâ??s story begins in the early 1980â??s when he moved to
Houston, Texas to establish his plastic and reconstructive surgery
practice. Dr. Jaikaran had extensive training in the field of
microsurgery and had a great interest in hand surgery that in 1976, he
was the first surgeon to successfully re-attach a severed thumb on an
eleven year old boy in the Southeast United States. Due to his
successful plastic surgery practice, a Houston bank was looking for
prominent people to be members of their board of directors and
approached their fellow Texan, Dr. Jaikaran. Jacques accepted the
bankâ??s position but then asked what a bank board member did, so the
bank gave him a copy of their charter. Now Jacques, being a curious a
diligent fellow actually read the documents and then began to ask
questions about his duties and the bankâ??s operations. Since banks are
not really honest businesses, Jacquesâ?? questions were a little
embarrassing for them to explain to an obviously honest man and
suggested that he might not be well suited to be a bank board member.

Dr. Jaikaran was intrigued by the bankâ??s reaction to his simple
questions and began to research banking and money. His findings were
eye opening to say the least, which sent him on a ten year research
project. He was in communication with Dr. Milton Friedman, the
prominent US economist, several people at the Federal Reserve, the
Treasury Department, and many central bankers all over the world. His
research prompted him to write his book â??Debt Virusâ?, which was
published in 1992 and is still available through major book stores.
Instead of using â??economic models and theoriesâ?, he diagnoses
inflation from a purely scientific and mathematic approach. Jacques
gave away the rights to his manuscript to the publisher in exchange
for getting it published. Jacques considered it his duty to the
American public to educate them on how to rescue their economy from
what he saw as an eventual catastrophe. In his book, he reveals the
real reason for the long term effects of monetary inflation. What he
predicted in his book, published over fifteen years ago is happening
right now before our eyes. He recently told me that he was really
naive to think that the banking cartels and the corporate federal
government did not know what the problem was.

His book started a series of attacks upon him beginning with the IRS
and a conviction for the non existent crime of â??failure to fileâ? for
which he spent 9 months in prison. Some time after his release, the
Texas Medical Review Board revoked his license to practice medicine
stating reasons that had nothing to do with the practice of medicine.
Dr. Jaikaran has practiced medicine for twenty five years and has
never been successfully sued. The same Board of Medical Examiners
routinely re-instates doctors who have caused the death of more than
one patient. With his income cut off, Jacques has tried to provide for
his family by opening several businesses, all of which have run into
various glitches due to â??unforeseen circumstancesâ?. In his civil court
case before the notorious â??hanging Judge Roy Beanâ? aka Lynn N. Hughes,
Jacques has been â??orderedâ? not to file any paperwork anywhere in the
state of Texas without the Judgeâ??s explicit permission and that must
be employed and must give half his earnings to the court. The Judge
took away Jacquesâ?? constitutional rights and has made him his personal
slave. Jacques found a job working with some medical friends but the
trigger happy Judge wanted to audit their business to determine if
Jacques was paying enough to the court. They informed Jacques that
they could not allow this obviously unstable character of a judge to
get involved with their business and could no longer employ him. The
Judge â??orderedâ? Jacques to find other employment to pay the court. His
diligent search for work has not produced any employment opportunities
mainly due to the Judgeâ??s overbearing and capricious oversight, which
everybody knows about. Without his medical license and without anybody
willing to hire him, Jacques was ordered into court and subsequently
jailed for â??contemptâ? for failing to get a job.

According to the written words of one witness in the courtroom, â??the
judge commented (attacked?) on numerous occasions that Jacques is not
an MD and will never again be an MD�. This outburst from the Judge
suggests that he has involvement with the Board of Medical Examiners
and apparently is making legal determinations in an area he has no

Judge Lynn N. Hughes then said that Jacques had to give the Court a
One Hundred Thousand Dollar â??cashâ? bond. The only thing Jacques could
give him was a bonded promissory note, but the Hanging Judge said that
was â??not moneyâ? (going against well known Public Policy) and demanded

Upon Jacques recent unlawful incarceration, the Judge ordered that he
was a suicide risk and that he be confined in a bare and unheated cell
with no clothes for three days. This renegade Judge then ordered
psychiatric treatment for Jacques at the federal facility at
Springfield Missouri. This is where they do things to â??alterâ? your
mind. Many times resulting in death. The reason stated for the
â??psych-eval is that he challenged the jurisdiction of the court. There
is even a website rating Judge Lynn N.Hughes:

Recently, Jacques wife talked to the office of Congresswoman Sheila
Jackson Lee from Texas who is on the House Judicial Committee about
the actions of this obviously renegade judge. She was told that since
Dr. Jaikaran was a member of the Republic of Texas and has been
convicted of â??tax evasionâ? that they would not help. Jacques has never
been a member of the Republic"

posted on Apr, 3 2009 @ 11:03 AM
Very nice post & info. However, this knowledge is well known to many, and there is no stopping the 'Debt-Interest' rule of law currently controlling the entire Earth's populaces (one way or another).

All are subject to it, and they [elite] will wipe out all opposition to it.

You are trying to wake people up...who should have been wakened to this information long ago. Still, it's rape of humanity's very right to life, their Lifeforce or energy to express themselves in their life. It has been stolen via calculated intent, by insidious, merciless 'forces,' much wiser than the innocent sleeping Earth children (spiritually speaking) suspect.

"The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it."

Albert Einstein

Swear allegiance to the flag
Whatever flag they offer
Never hint at what you really feel
Teach the children quietly
For some day sons and daughters
Will rise up and fight while we stood still

("Silent Running," by Mike & the Mechanics)

posted on Apr, 3 2009 @ 11:07 AM
Thanks Naga for your kind support... I read this site a lot and never
heard this book discussed- so I thought I was bringing something
new to the table- obviously I am not...

Here is a final piece of info:

A Compelling Solution to the World's Debt Problems
Jacques S. Jaikaran, M.D.

Envision a world without poverty or economic oppression — a place where humankind can attain its potential amidst the weightlessness of true freedom. Imagine the United States, and the rest of the world, without hunger or homelessness where educated societies enjoy all the fruits of their labor. In such a society it would not be necessary to hand over your hard-earned dollars to the government in payment of ever-increasing taxes. Such a vision is no doubt utopian, but Jacques Jaikaran introduces us to a radical economic reorganization of what is now a debt culture and proposes a monetary revolution the results of which would virtually eliminate debt as we know it.

Debt Virus deals with the anatomy and physiology of money, the lifeblood of commerce and industry and hence the economy. Jaikaran points out a monetary error at the root of our cyclical economic problems and prescribes a cure that promises to benefit all mankind.

". . . intriguing and penetrating as it questions the traditional role of money in our economy. [Jaikaran's book] challenges orthodox methods of money management in our economy and offers a convincing alternative to the status quo. . . provocative reading even for the layperson." Dr. Ashton I. Veramallay, Professor of Economics, Indiana University East

"There is no question in my mind but that the issue must be seriously considered by every American as well as people from other countries in this world. . . [Jaikaran] has observed a phenomenon that almost everyone else seems to be blind to." Gerald M. McIntosh, Executive Vice President, Administaff

JACQUES JAIKARAN was born in Guyana where only elementary education was free. In order to pay to go to high school, he became a plantation laborer even before his teen years. Following high school he bought a one-way ticket from South America to England. He won a scholarship to medical school, continuing his studies in the United States where he ultimately became a plastic surgeon. While serving on a board of directors of a Texas bank, Jaikaran began to study the monetary systems of the United State and other countries. Jaikaran's urgent concerns for the future have led him to organize Global Monetary Consultants, Inc., an organization dedicated to the dissemination of information and political action toward his ideal of a debt-free society.

Cloth, 247 pages, 6x9, $21.95
ISBN 0-944435-13-0
LC 91-70030
Paper, 247 pages, 6x9, $19.95
ISBN 0-944435-35-1
LC 91-70030

posted on Apr, 3 2009 @ 11:19 AM
Great information. I'm glad that someone is spreading the word about the evil of bank profiteering. It truly is the biggest "game" on Earth. And, if you think for one minute that it's not a confidence scam (con-game), you're wrong.

Would you borrow a cup of sugar from a neighbor that expected you to pay them back three cups? No. So, why do we accept loans at such long interest-bearing terms? Because, they know that they have us by the jewels.

I'm not saying that capitalism is wrong. Because, as the standard of living for the rich goes up, so does the standard of living for their "workers" (serfs). And, we would not be where we are today without capitalism. We've had to build enormous military-industrial complexes to protect capital gains. And, remember that the police work mostly to protect the rich people. So, without the push for progress from this system, we would not have anything "modern".

Fairness is quite communist and thoroughly infantile. Noone with any talent and prowess would give someone undeserving anything out of the "goodness" of their heart. Human beings are simply not naturally "sharers". We, generally, have compassion, but when it comes down to actually lending a hand to assist the downtrodden, we have seen time and time again, these downtrodden people taking advantage of those who are responsible.

This is the parable of the grasshopper and the ant. It is not fair for the ant to always supply the grasshoppers with a comfortable way of life. It goes without saying that those who deserve to prosper, in this life, are those who find a way to produce more than they take.

So, without giving an alternative method of promoting self-growth and responsibility, I think that this mode of thinking is really quite outdated and immature. Sharing is simply not the human social model. Sharing really only works among small homogeneous groups.

Cream will always rise to the top, and we have to decide what kind of cream we want. Either we have banking cream (fascism), or we have military cream (socialism/communism/dictatorships), or we have scientific democratic responsible liberty cream (democracy).

So, you will not stop those who seek power from finding their prowess, but we can encourage responsible intelligent scientific-thinking critical-thinking people to lead our policies and legislation. And, we can encourage liberty, so that all men can start on a level playing field, so that cream that starts at the bottom of the bucket, can rise to the top, given some very hard work.

I think what most people are dissatisfied with is that there is a smaller and smaller need for leaders (as computers are making a smaller leading force more productive), and the limit of room at the top. Fewer can do more with less, these days. And, there are many jobs that are no longer even in existence (with the advent of robots and technology). So, the cream that is already on top will not give up it's rightful place on top, unless it becomes corrupted by filth, and so rots and is skimmed off, to make more room at the top for new cream. But, this is not going to change, is what I'm saying. We must ALL seek to be cream, that is our natural function. It is life's natural function.

But, the answer is not sharing or profit-limiting. The answer is choice and diversity. Given the option of a lower lending rate, those who profit least will get more business. This is the problem with the Federal Reserve, the World Bank, and International Monetary Fund. They have a MONOPOLY!! THAT is the problem.

I mean, I should be allowed to start a federal reserve and print money out of thin air, if my business model supports "guaranteed" interest paid by the government in strict competition with the Federal Reserve, right? Why isn't there SEVERAL federal reserve banks that are competing to provide federal loans to our government, so that we can get a great rate, instead of the rate that is mandated by a board of Zionist thugs?

In Liberty, by God,

[edit on 3-4-2009 by organism315]

posted on Apr, 3 2009 @ 11:32 AM

That was a crazy brilliant post!
Amazing contribution to this thread!

Have you read the book?


posted on Apr, 3 2009 @ 02:37 PM
Im reading the book right now.

Thus far I believe they are spot on.

Everyone needs to know how we are being sold out and USED!

posted on Apr, 3 2009 @ 03:08 PM

Google Video Link

Explains very well how the financial system works and for who's benefits.

posted on Apr, 3 2009 @ 03:27 PM
Great video, WarrenB!

Reminds me of a famous quote many probably know here at ATS:

"If the American people ever allow the banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered. The issuing power of money should be taken from banks and restored to Congress and the people to whom it belongs. I sincerely believe the banking institutions having the issuing power of money, are more dangerous to liberty than standing armies."

Thomas Jefferson

posted on Apr, 3 2009 @ 03:51 PM
You folks here in this thread have hit the nail on the head. The whole concept of credit, interest repayment and so forth, allows bankers, and the rich, to control the world by accumulating the wealth of the world.

posted on Apr, 3 2009 @ 05:40 PM

Thanks- this is a head of the nail, so to speak-
but many here at ATS have started threads or referred to
great videos about debt, interest, the Fed and fiat money.

The purpose of this thread is to get people aware of a particular book-
written in 1992- available on Amazon, which explains EVERYTHING
that is happening now...

And- since this is a conspiracy site- it is interesting to note that after
he wrote it, this Doctor was...

Put in JAIL.

I find that slightly interesting (maybe he did do something wrong- don't know)
and worth researching.

But the important thing-





posted on Jul, 30 2009 @ 05:08 PM
I need anyone's help here:

I am making a film to FREE A MAN WHO HAS BEEN put in prison

except writing the genius book DEBY VIRUS

Please read summary above and tell me if anyone wants to hear my plan


posted on Jul, 30 2009 @ 09:01 PM
How long has this man been jailed?

Has he actually been convicted of anything? I do not understand? They're holding him indefinitely?

posted on Jul, 30 2009 @ 09:22 PM
reply to post by SS,Naga

Albert Einstein...

We like our brethren in Palestine very much as peasants, workers and as citizens... On the whole, the country is not very fertile. It will become a moral center, but will not be able to take in a large proportion of the Jewish people. I am convinced, however, that the colonization will succeed. Einstein to Maurice Solovine, 1923, in Lettres a Maurice Solovine (Paris: Gauthier-Villars, 1956), pg. 4

On Albert Einstein

And another article...

Einstein, a Zionist we can all admire, argued in his dying moments that peaceful coexistence between Arabs and Jews was a prerequisite to healthy development of a Jewish home in Palestine. �The attitude we adopt toward the Arab minority will provide the real test of our moral standards as a people.� (1)

Article above

And we have Thomas Jefferson..

Thomas Jefferson On Judaism
From Lenni Brenner

As you know, Zionist Israel is ethnically discriminatory and religiously bigoted. With that in mind, I just taped a video show for the American Atheist network, and prepared a list of statements from Thomas Jefferson on Judaism.
I pass these on to you, in the hope that they will be useful in helping to explain to Americans who believe in his celebrated "wall of separation between Church & State," that they can't vote for any party that subsidizes a theocratic state like Israel.


Is there anyone in POWER who we can assuredly say that we trust?


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