The new depression : the breakdown of the paper money economy

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Title:

The new depression : the breakdown of the paper money economy

Author:

Duncan, Richard, 1960-

Personal Author:

Duncan, Richard, 1960-

Publication Information:

Singapore ; Hoboken, NJ : John Wiley & Sons Singapore Pte. Ltd., [2012]

Physical Description:

x, 179 pages : illustrations ; 24 cm

Summary:

Introduces a new theoretical construct, The Quantity Theory of Credit, discusses how paper money creation is the only thing keeping the global economy from collapse, and provides practical advice for the coming instability.

Language:

English

Contents:

How credit slipped its leash -- The global money glut -- Creditopia -- The quantity theory of credit -- The policy response: perpetuating the boom -- Where are we now? -- How it plays out -- Disaster scenarios -- The policy options -- Fire and ice, inflation and deflation -- Conclusion.

Subject Term:

Financial crises.

Financial crises -- United States.

Depressions.

Depressions -- 21st century.

Economic history -- 20th century.

Monetary policy.

Monetary policy -- United States.

Geographic Term:

United States -- Economic conditions -- 21st century.

ISBN:

9781118157794