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000450035 010__ $$z  2011015865
000450035 020__ $$z9781118095751 (hardback)
000450035 020__ $$z9781118127810
000450035 020__ $$z9781118127827
000450035 020__ $$a9781118127803 (electronic bk.)
000450035 035__ $$a(MiAaPQ)EBC697748
000450035 035__ $$a(Au-PeEL)EBL697748
000450035 035__ $$a(CaPaEBR)ebr10494726
000450035 035__ $$a(CaONFJC)MIL325798
000450035 035__ $$a(OCoLC)757394986
000450035 040__ $$aMiAaPQ$$cMiAaPQ$$dMiAaPQ
000450035 050_4 $$aHG353$$b.S35 2011
000450035 08204 $$a332.4/044$$222
000450035 1001_ $$aSchlichter, Detlev S.,$$d1964-
000450035 24510 $$aPaper money collapse:$$bthe folly of elastic money and the coming monetary breakdown /$$cDetlev S. Schlichter.
000450035 260__ $$aHoboken, N.J. :$$bWiley,$$c2011.
000450035 300__ $$axvi, 267 p.
000450035 336__ $$atext$$2rdacontent
000450035 337__ $$acomputer$$2rdamedia
000450035 338__ $$aonline resource$$2rdacarrier
000450035 504__ $$aIncludes bibliographical references and index.
000450035 5050_ $$apt. 1. The basics of money -- pt. 2. The effects of money injections -- pt. 3. Fallacies about the price level and price level stabilization -- pt. 4. History of paper money : a legacy of failure -- pt. 5. Beyond the cycle : paper money collapse.
000450035 506__ $$aAccess limited to authorized users.
000450035 520__ $$a"In an engaging style based on extensive research, Paper Money Collapse shows conclusively why paper money systems - monetary systems that are based on an elastic and constantly expanding supply of money (such as our system today) as opposed to a system of commodity money of essentially fixed supply - are inherently unstable and why they must lead to economic disintegration. All paper money systems in history ended in failure. The book shows why this must be the case and why it will also be the fate of the present system. The conclusions are controversial as they go against the present consensus, which holds that elastic state money is superior to inflexible commodity money (such as a gold standard), and that expanding money is harmless or even beneficial for as long as inflation stays low. The book shows that the present crisis is the unavoidable result of continuously expanding fiat money, that the current policy of accelerated money production to 'stimulate' the economy is counterproductive and that, if pursued further, it will lead to a complete collapse of the monetary system.Paper money systems are confidence games. When the public realizes that the printing press is increasingly used to keep states and banks solvent, this confidence will evaporate quickly. The endgame will then be sovereign default, hyperinflation and economic chaos"--$$cProvided by publisher.
000450035 650_0 $$aPaper money.
000450035 650_0 $$aMoney supply.
000450035 650_0 $$aCurrency question.
000450035 650_0 $$aCredit.
000450035 655_0 $$aElectronic books
000450035 852__ $$bebk
000450035 85640 $$3ProQuest Ebook Central Academic Complete $$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=697748$$zOnline Access
000450035 909CO $$ooai:library.usi.edu:450035$$pGLOBAL_SET
000450035 980__ $$aBIB
000450035 980__ $$aEBOOK
000450035 982__ $$aEbook
000450035 983__ $$aOnline