Michael Rowbotham

This article is about the political writer. For the footballer, see Mike Rowbotham.

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