Soft Currency Economics II: The Origin of Modern Monetary Theory (MMT - Modern Monetary Theory) (Volume 1)
I m in Zurich on March 25 at the Park Hyatt Grand Ballroom at 4 p.m. making a presentation at the CrossRoads Workshops onEmerging markets and the Decadence of the European Model. If you want to meet, pop on by.This book provides a good explanation of monetary operations (central and commercial banks). It explains an economic/monetary system that I learnt from trading and making money versus getting a doctorate in economics. It is probably the reason why I could see it from "outside of the box". Another book of mine, The Deadly Seven Innocent Frauds of Economic Policy is written for the general public and explains, using many of the economic/monetary concepts in this book, the divergence between "approved belief" and "what was reality" in economics. The "approved belief" system for monetary policy is in many cases "college approved" and is a long way from reality. For example, the notion that deficits are bad for the economy and the population, when in fact close examination reveals that government deficits are private sector savings to the penny. Review the Introduction of the book. It may very well shock many economists because the Innocent Frauds are primarily based on what has been learnt. Any professors or TV hosts that read any of my books, I am available to debate the issues raised in my books. Contact information is in the books.