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Descripción Hardcover. Condición: new. Hardcover. This work examines the role money and debt play in our economy. It shows why we went from the gold standard to fiat money, why that led to increasing inflation up to 1980, and why inflation has receded since 1980. In addition, it explains how today's economic problems arose, why governments cannot solve those problems, and where those problems will lead us. Challenging conventional wisdom, the author suggests that high real interest rates in the 1980s reduced business's ability to profit by expanding productive capacity and reduced the attractiveness of borrowing for consumption. The resulting drive to buy assets instead, such as stocks and real estate, caused rapidly rising prices in those areas. The author foresees a depression resulting from these economic forces - one which governments will be unable to prevent. A characteristic of this work is that it neither espouses any theory nor uses inductive or deductive reasoning; rather, it observes. Its observations of how economic sectors, central banks, governments, business and consumers can and do use money and debt are trenchant and alarming. G.Leigh Skene is an economic consultant specialising in markets, stocks, bonds, real estate and commodities. For 14 years, he served as chief economist for Burns, Fry, one of Canada's largest investment dealers. In addition, it explains how today's economic problems arose, why governments cannot solve those problems, and where those problems will lead us. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Nº de ref. del artículo: 9780275944254
Descripción HRD. Condición: New. New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. del artículo: L1-9780275944254
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Descripción Hardcover. Condición: new. This item is printed on demand. Nº de ref. del artículo: 9780275944254
Descripción Condición: New. Nº de ref. del artículo: 826971-n
Descripción HRD. Condición: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. del artículo: L1-9780275944254
Descripción Hardback. Condición: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Nº de ref. del artículo: C9780275944254
Descripción Hardcover. Condición: Brand New. 178 pages. 9.50x6.50x0.75 inches. In Stock. Nº de ref. del artículo: x-0275944255
Descripción Gebunden. Condición: New. In addition, it explains how today s economic problems arose, why governments cannot solve those problems, and where those problems will lead us.Über den AutorG. LEIGH SKENE is an economic consultant specializing in markets, sto. Nº de ref. del artículo: 446867355