Debt by Design by Joshua Maree
This book explains how our monetary system works and how commercial banks create money. The effects of this are examined, along with an alternate monetary system that is vastly superior - which we term Fair Money. Topics covered include: how commercial banks create money, the importance of seigniorage, how quantitative easing works, what monetary policy really means, how inter-bank payments work, the distraction of fractional reserve banking, the Guernsey experiment, the Chicago Plan, the 5 different money classes, why depositors are creditors, the war on cash, how banks buy currency notes, how bank balance sheets work, constraints on money creation, consequences of debt monetisation, the use of misleading terminology, the historical role of gold, the benefits of an asset-based currency, and the transition to a better monetary system. Extracts are provided from the Bank of England, the Federal Reserve System, the International Monetary Fund and the Reserve Bank of Australia.| SKU | Unavailable |
| ISBN 13 | 9781365756108 |
| ISBN 10 | 1365756106 |
| Title | Debt by Design |
| Author | Joshua Maree |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Lulu.com |
| Year published | 2017-02-21 |
| Number of pages | 222 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |