The Monetary Elite Vs. Gold's Honest Discipline 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Vincent R. Locascio 作者

Weltanschauung Financial Press

译者

2005-06-28 出版日期

276 页数

USD 19.95 价格

Paperback

丛书系列

9780976842705 图书编码

The Monetary Elite Vs. Gold's Honest Discipline 在线电子书图书标签: economics

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The Monetary Elite Vs. Gold's Honest Discipline 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

The Monetary Elite Vs. Gold's Honest Discipline 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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The Monetary Elite Vs. Gold's Honest Discipline 在线电子书 pdf 下载 txt下载 epub 下载 mobi 在线电子书下载

The Monetary Elite Vs. Gold's Honest Discipline 在线电子书图书描述

Many people believe that monetary gold inhibits the Fed from effectively managing money on behalf of the public interest. The Monetary Elite vs. Gold's Honest Discipline presents evidence in support of an opposing view. First, the Fed wields its substantial power on behalf of a monetary elite not on behalf of the general public. Second, this power essentially depends on a monetary unit that is undefined and that the Fed can create effortlessly, at virtually no cost, at will, and by fiat. Third, the banking system is empowered by governmentally granted special privileges to pyramid these intrinsically worthless and totally undefined "reserves" that the Fed creates out of thin air into still more dubious dollar claims, which banks distribute at interest throughout the economy. This book explains why the current structure of our monetary system is fatally flawed. If, however, our monetary unit were defined as a weight of precious metal and if the banking system did not enjoy special privileges that circumvent the free market, the monetary elite's self-serving mischief-making would be significantly curtailed. Under such circumstances, all but a handful of specially privileged elites would be better off and our monetary system would reflect free markets principles.

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