In an engaging style based on extensive research, Paper Money Collapse shows conclusively why paper money systems - monetary systems that are based on an elastic and constantly expanding supply of money (such as our system today) as opposed to a system of commodity money of esse…
"In an engaging style based on extensive research, Paper Money Collapse shows conclusively why paper money systems - monetary systems that are based on an elastic and constantly expanding supply of money (such as our system today) as opposed to a system of commodity money of ess…
Challenging the validity of much of mainstream monetary macroeconomics, this text argues that the money supply in modern economies is not under the control of banks, but is determined by borrower demand for bank credit. It then explores the implications of this on conventional m…
