The new depression
Subtitle: the breakdown of the paper money economy
By: Richard Duncan
Publisher: John Wiley & Sons Singapore
Published: 2012
Place of publication: Singapore; Hoboken, NJ
Language: eng
Number of pages: 179
ISBN-13: 9781118157794
Subjects: Financial crises; Monetary policy; Depressions; Economic conditions; Economic history
Description: 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.
Notes: Includes bibliographical references and index.
Table of contents: title: How credit slipped its leash; title: The global money glut; title: Creditopia; title: The quantity theory of credit; title: The policy response: perpetuating the boom; title: Where are we now?; title: How it plays out; title: Disaster scenarios; title: The policy options; title: Fire and ice, inflation and deflation; title: Conclusion.