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Rigged Money: The Fateful Lure of Fiat Money - 2nd Edition

Rigged Money: The Fateful Lure of Fiat Money - 2nd Edition - Paperback

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Availability:In StockContributor:Detlef GlogePublish date:2024-09-20Pages:106
Language:EnglishPublisher:Booklocker.comISBN-13:9781958892824ISBN-10:1958892823UPC:9781958892824Book Category:Business & Economics, Political ScienceBook Subcategory:Inflation, Government & Business, Public PolicyBook Topic:Economic PolicySize:9.00 x 6.00 x 0.22 inchesWeight:0.3395Product ID:SCWX9KCJ36

Wars and the need to fund them were the historic reason for banks to create excessive amounts of fiat money. This book explains how banks seized the wealth of society's most vulnerable members to create fiat money. During peacetimes, banks primarily lent to the government depriving the private sector of capital and resources. The unimpeded bank credit offered the government a convenient source for unlimited borrowing and spending. US banks also learned to offer fiat dollars to foreigners seizing the wealth of foreign dollar users. The peremptory confiscation of foreign dollar holdings by the US is poisoning the trust in the dollar and reestablishing gold as a reserve currency.


Language:EnglishPublisher:Booklocker.comISBN-13:9781958892824ISBN-10:1958892823UPC:9781958892824Book Category:Business & Economics, Political ScienceBook Subcategory:Inflation, Government & Business, Public PolicyBook Topic:Economic PolicySize:9.00 x 6.00 x 0.22 inchesWeight:0.3395Product ID:SCWX9KCJ36
Publisher: Booklocker.com

Edition

2nd Edition

Contributor(s)

Detlef Gloge

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