Go back
The New Depression The Breakdown Of The Paper Money Economy(1st Edition)
Authors:
Richard Duncan
Cover Type:Hardcover
Condition:Used
In Stock
Shipment time
Expected shipping within 2 DaysPopular items with books
Access to 30 Million+ solutions
Free ✝
Ask 50 Questions from expert
AI-Powered Answers
✝ 7 days-trial
Total Price:
$0
List Price: $8.43
Savings: $8.43(100%)
Book details
ISBN: 1118157796, 978-1118157794
Book publisher: Wiley
Get your hands on the best-selling book The New Depression The Breakdown Of The Paper Money Economy 1st Edition for free. Feed your curiosity and let your imagination soar with the best stories coming out to you without hefty price tags. Browse SolutionInn to discover a treasure trove of fiction and non-fiction books where every page leads the reader to an undiscovered world. Start your literary adventure right away and also enjoy free shipping of these complimentary books to your door.
Book Summary: Why The Global Recession Is In Danger Of Becoming Another Great Depression, And How We Can Stop It When The United States Stopped Backing Dollars With Gold In 1968, The Nature Of Money Changed. All Previous Constraints On Money And Credit Creation Were Removed And A New Economic Paradigm Took Shape. Economic Growth Ceased To Be Driven By Capital Accumulation And Investment As It Had Been Since Before The Industrial Revolution. Instead, Credit Creation And Consumption Began To Drive The Economic Dynamic. In The New Depression: The Breakdown Of The Paper Money Economy, Richard Duncan Introduces An Analytical Framework, The Quantity Theory Of Credit, That Explains All Aspects Of The Calamity Now Unfolding: Its Causes, The Rationale For The Government's Policy Response To The Crisis, What Is Likely To Happen Next, And How Those Developments Will Affect Asset Prices And Investment Portfolios. In His Previous Book, The Dollar Crisis (2003), Duncan Explained Why A Severe Global Economic Crisis Was Inevitable Given The Flaws In The Post-Bretton Woods International Monetary System, And Now He's Back To Explain What's Next. The Economic System That Emerged Following The Abandonment Of Sound Money Requires Credit Growth To Survive. Yet The Private Sector Can Bear No Additional Debt And The Government's Creditworthiness Is Deteriorating Rapidly. Should Total Credit Begin To Contract Significantly, This New Depression Will Become A New Great Depression, With Disastrous Economic And Geopolitical Consequences. That Outcome Is Not Inevitable, And This Book Describes What Must Be Done To Prevent It.Presents A Fascinating Look Inside The Financial Crisis And How The New Depression Is Poised To Become A New Great DepressionIntroduces A New Theoretical Construct, The Quantity Theory Of Credit, That Is The Key To Understanding Not Only The Developments That Led To The Crisis, But Also To Understanding How Events Will Play Out In The Years AheadOffers Unique Insights From The Man Who Predicted The Global Economic Breakdown Alarming But Essential Reading, The New Depression Explains Why The Global Economy Is Teetering On The Brink Of Falling Into A Deep And Protracted Depression, And How We Can Restore Stability.
Frequently Bought Together
Trading Journal Log Book For Stock Trading And Investing - 1st Edition
Boodabmc Publishing
ISBN: B0CL415W7R
$0 $6.55
Routledge Handbook Of Esports - 1st Edition
Seth E Jenny
ISBN: 1032531509, 978-1032531502
$0 $216.00
Principles Of Information Systems - 14th Edition
Ralph Stair
ISBN: 0357112415, 978-0357112410
$0 $92.72
Milked How An American Crisis Brought Together Midwestern Dairy Farmers And Mexican Workers - 1st Edition
Ruth Conniff
ISBN: 1620976374, 978-1620976371
$0 $16.20
An Empire Wilderness Travels Into Americas Future - 1st Edition
Robert D Kaplan
ISBN: 0679451900, 978-0679451907
$0 $16.45
The Making Of The Ancient Greek Economy Institutions Markets And Growth In The City States - 1st Edition
Alain Bresson
ISBN: 0691144702, 978-0691144702
$0 $42.30