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Synopsis
This book, originally published in 1932, presents a cosmology of a mass delusion which affects the mentality of the world. This takes place following World War I where the Federal Reserve System, for the first time, allowed the creation of currency out of thin air. The result was the 20s bubble and the 30s depression. Garet Garrett was one of the finest stylists in the English language. His prose is precise like a machine, tough like leather, hard like steel, adventurous like the frontier and so evocative you can nearly taste and smell it. It is an absolute delight to read. He was a writer for The Saturday Evening Post, and he knew his economics like few professional economists at the time. He had a novelist?s heart, but in this great book, he put it to work explaining the world around him. What cried out for an explanation was the Great Depression. He summarized the core problem as unchecked debt accumulation made possible by the Federal Reserve System of central banking.
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- PublisherLaissez Faire Books
- Publication date2012
- ISBN 10 1621290026
- ISBN 13 9781621290025
- BindingPaperback
- LanguageEnglish
- Number of pages150
- Rating
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A Bubble That Broke The World
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A Bubble That Broke The World
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A Bubble That Broke The World
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A Bubble That Broke The World
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A Bubble That Broke The World
Seller: ThriftBooks-Phoenix, Phoenix, AZ, U.S.A.
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Paperback. Condition: Good. No Jacket. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 0.62. Seller Inventory # G1621290026I3N00
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A Bubble That Broke The World
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Paperback. Condition: Good. No Jacket. Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less 0.62. Seller Inventory # G1621290026I3N00
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A Bubble That Broke The World
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