Money and Debt: A Solution to the Global Crisis (1990)
What is the cause of the global debt crisis?
Why does the economy continually alternate between inflation and recession?
Why are there hunger and homelessness in the midst of plenty?
Why is the middle class disappearing?
Why can’t the government balance the budget?
How can money be transformed to serve human needs?
Money and Debt: A Solution to the Global Crisis, provides the answers, and does so in a way which anyone can understand. Based on many years of research, this book shows how environmental and social degradation result from unsound monetary and financial structures. Further, it outlines an approach to solving the crisis based on private initiative and voluntary participation -‑ an approach which is both liberative and equitable.
This book can be downloaded. There are three PDF files that contain the three parts respectively.
Part I Political Money and the Debt Imperative: Why the Budget Can’t Be Balanced
Part II Freedom and the Monetary Ideal
Part III Segregated Monetary Functions and an Objective, Global, Standard Unit of Account
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