Discover the hidden history of money and who really benefits from debt. This provocative study argues that money issued as debt has shaped governments, economies, and daily life, urging readers to reexamine what really backs the currency we use.
In clear, accessible terms, the book traces the origins of the modern monetary system and examines how bonds, bank notes, and credit have become the core of national finance. It presents historical data and contemporary critique to challenge the idea that debt-based money serves the public good. The author calls for a deeper public understanding of currency, taxes, and the burden of interest on ordinary people.
Ideal for readers interested in economic history, monetary policy, and debates about how money should work in a free and fair economy.
"Sinopsis" puede pertenecer a otra edición de este libro.
Excerpt from Real Money Versus Banks of Issue Promises to Pay: The Most Important Factor in Civilization and Least Understood
Of the loans and discounts Of national banks on September I, 1909, one-fourth, or consisted of de mand paper, of which was secured by stocks, bonds, etc.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from Real Money Versus Banks of Issue Promises to Pay: The Most Important Factor in Civilization and Least Understood
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Sobre este título" puede pertenecer a otra edición de este libro.
Librería: Forgotten Books, London, Reino Unido
Paperback. Condición: New. Print on Demand. This book argues that the current monetary system in the United States, particularly the reliance on banks and credit, is fundamentally flawed and has led to a system of debt and speculation that is harmful to the economy and society as a whole. The author traces the history of the monetary system in the United States, linking the creation of the national banking system after the Civil War to the present-day dominance of a few large banks over the money supply. The author contends that this system has resulted in a gross imbalance between real wealth and financial wealth, with the latter being inflated by excessive and irresponsible lending. The book presents a detailed analysis of the problems inherent in the current system and proposes a radical overhaul, including the creation of a new central bank and the issuance of a new currency not tied to the value of gold. The author argues that this would create a more stable monetary system that would promote economic growth, reduce inequality, and increase economic opportunities for all Americans. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781330532003_0
Cantidad disponible: Más de 20 disponibles
Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781330532003
Cantidad disponible: 15 disponibles
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781330532003
Cantidad disponible: 15 disponibles