Money Plain and Simple: What the Institutions and the Elite Don’t Want You to Know by Steven J. Spence Review

I received a free copy of this book in exchange for a fair and honest review. All opinions are my own. 

Author Steven J. Spence takes readers on a journey into the history of the United States Monetary System and how the U.S. Dollar’s position has changed in recent years in the book, “Money Plain and Simple: What the Institutions and the Elite Don’t Want You To Know”. 


The Synopsis

A straightforward guide to understanding the global monetary system and why the shine is off the U.S. dollar’s position as the Gold Standard of world currencies. Steven J. Spence, a military veteran and corporate employee-turned-entrepreneur, lays out a concise history of the U.S. monetary system. He’s candid about his own life lessons and then shares how he came to discover the hard realities revealed in this informative read. The author explains in layperson’s terms how the institutions behind money work and how it affects you. He also offers timely insight into what’s going on right now from crypto currency to inflation and hyper-inflation and steps you should consider to secure your own financial future.

The Review

The author does a great job of really laying out the concept of banking systems, credit, and how our finances are impacted through education and detailed lessons throughout this book. The way the author interweaves their own experiences throughout their life and the way so many of us are introduced to debt through credit cards and difficulty finding reasonably paid work after education was such a great way to open up this road, and the deep dive the author took into the history and modern impact of finances on the U.S. financial system was thought-provoking.

The way the author writes is what really sold this book to me. Unlike so many financial books that try to show tricks or methods for accruing money or become self-help in nature, this book is written in a way that feels more hands-on educational instead. The layout and honest way the author speaks and integrates his personal experiences really helped someone like me, who is not financially education-forward, to understand and grasp the lessons the author was imparting. 

The Verdict

A thoughtful, insightful, and memorable read, author Steven J. Spence’s “Money Plain and Simple” is a must-read non-fiction book of 2021, and a contender for best book on finances for the year on my site. The engaging way the author relays the narrative and sets out to show readers how big banking and wealthy elites have secured their financials through manipulation of the market was something we all should take into account in our future finances. If you haven’t yet, be sure to grab your copy today!

Rating: 10/10


About the Author

Steven J. Spence is a retired US Air Force veteran, airline mechanic, aircraft builder, and an owner of a real estate rental investment company. Throughout his military and airline careers, he taught airline safety to groups around the world. Spence grew up in poverty with a single mom, who immigrated from Germany with her American military husband only find herself alone with two young sons in the wake of a divorce. With no role models, he had no understanding about how to build his financial future. Now a successful entrepreneur, Spence focuses on financial literacy as it relates to the ordinary person. He and his wife Adriana have two daughters, Shannon and Rachel, a son, Lucas, and one grandson, Julian.

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