What Is Money? Gary North

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Kindle Edition

161 pages


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What Is Money?  by  Gary North

What Is Money? by Gary North
| Kindle Edition | PDF, EPUB, FB2, DjVu, audiobook, mp3, ZIP | 161 pages | ISBN: | 6.45 Mb

In this plain-spoken and clear-thinking book on monetary theory and policy, Gary North shows you where modern society has gone wrong. Read this book to learn how to protect yourself against the inevitable consequences, all of which are negative, ofMoreIn this plain-spoken and clear-thinking book on monetary theory and policy, Gary North shows you where modern society has gone wrong.

Read this book to learn how to protect yourself against the inevitable consequences, all of which are negative, of the governments violations of sound money principles.In this book, you will learn the following:1. The experts do not know horse apples from apple butter about monetary theory.2. Monetary theory should be an integrated part of a general economic theory of how the world works.3. Whenever an economic theory of how the world works makes an exception for monetary theory, the proposed monetary theory is incorrect, or the general theory is incorrect, or both are incorrect.4.

Fiat money is always a form of counterfeiting.5. Counterfeiting produces bad results for almost everyone except the counterfeiters.6. Fractional reserve banking is legalized counterfeiting.7. Government fiat money is counterfeit.8. Those who trust government money will lose wealth more surely than those who do not trust it.9. There are ways to escape bad monetary policy.10. The worse the policy, the fewer the avenues of escape.It boils down to this question: If you dont know what money is, how will you obtain more of it?

This is another way of saying that if you dont understand the modern violations of monetary theory, you will not understand the extent to which you are vulnerable to bad policies which are going to produce disastrous consequences, just as they have in the past.



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