Real Money Versus Banks of Issue Promises to Pay (Classic Reprint)
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: Forgotten Books, London, United KingdomForgotten Books
AbeBooks seller since June 2, 2021
Condition: New
US$ 21.38
Quantity: Over 20 available
Add to basketItem description from seller
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.…
Seller Inventory # 9781330532003_0
- Title
- Real Money Versus Banks of Issue Promises to Pay (Classic Reprint)
- Author
- T. Cushing Daniel
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Book Type
- print-on-demand item
- Binding
- Paperback
- Language
- English
- ISBN 10
- 1330532007
- ISBN 13
- 9781330532003
- Seller catalogs
- Economics
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.
"Synopsis" may belong to another edition of this title.
Forgotten Books
London, United Kingdom
AbeBooks seller since June 2, 2021
Shipping rates from United Kingdom to U.S.A.
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Store description
Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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FB &c Ltd
Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR
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All books are Print on Demand and will be printed upon purchase and shipped in New Condition. Orders typically ship within 3-5 business days. If you're dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if the order hasn't arrived, you're eligible for a refund within 30 days of the estimated delivery date. If you've changed your mind about a book that you've ordered, please use the ask bookseller a question link to contact us and we'll respond within 2 business days.
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