Real Money Versus Banks of Issue Promises to Pay (Classic Reprint): The Most Important Factor in Civilization and Least Understood - Couverture souple

T. Cushing Daniel

9781330532003: Real Money Versus Banks of Issue Promises to Pay (Classic Reprint): The Most Important Factor in Civilization and Least Understood

Couverture souple

ISBN 10 : 1330532007 ISBN 13 : 9781330532003

Editeur : Forgotten Books, 2018

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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.

Learn how early banking practices and government policy helped create a system rooted in debt rather than money itself.

Explore the arguments that high interest burdens and bond finance shape tax policy and national debt.

Compare traditional money with credit-based instruments and consider their impact on everyday transactions.

Consider proposed reforms and the role of governance in shaping a monetary system that serves all citizens.

Ideal for readers interested in economic history, monetary policy, and debates about how money should work in a free and fair economy.

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1330532007
ISBN 13: 9781330532003
Reliure: Broch�
Nombre de pages: 286
Coordonn�es du fabricant: Copytech (UK) Ltd, Trading as Printondemand-worldwide.com
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Real Money Versus Banks of Issue Promises to Pay (Classic Reprint)

T. Cushing Daniel

Edit� par Forgotten Books, 2018

ISBN 10 : 1330532007 ISBN 13 : 9781330532003

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : 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. N� de r�f. du vendeur 9781330532003_0

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