Creating a Real Wealth Economy: From Phantom Wealth to a Wiser Future for All Humanity
Book Details
PublisherThe Creative Age
ISBN / ASIN0991307909
ISBN-139780991307906
AvailabilityUsually ships in 24 hours
Sales Rank2,305,682
MarketplaceUnited States 🇺🇸
Description
Keywords:Â new economics, Occupy Wall Street, public
banking, bioregional currencies, public assets, social spending,
worker-ownership, democratization of wealth, capitalism, neoliberal economics,
debt, recessions, tax-payer bailouts, private banks, predatory loans, Federal
Reserve, world financial crisis, austerity measures, privatization of wealth,
income inequality, international trade currency, green economy, Lincoln
greenbacks.
Â
The public does not realize that virtually all
money in circulation, except coins, is created by private banks out of thin air
as debt-money on which we must pay interest and penalties, or that bankers
control the money supply and create periods of prosperity, only to follow them with
recessions or depressions which allows them to confiscate the real wealth of
productive, working people through foreclosures. This system is not in
compliance with the US Constitution which, if followed, could have given us a
nation free of debt and with sufficient funding for all public and private
enterprises with little or no taxation. The beneficiaries of this economic
system are the top 1 percent.Â
Here, eleven of the world's leading economists
expose the fallacies of the existing system, the greed that motivates it, and
show us a variety of proven alternative economic solutions. These include
public banking options, the transfer of wealth from megabanks to community
banks, the creation of local and regional currencies, building more
worker-owned and community-owned business, changing the reserve requirements
for private banks, replacing the Federal Reserve--which is privately owned, not a government agency--with a Bank of
the United States, focusing on community caring values, growing the green
economy, and creating an international trade currency designed to halt
inflation and currency speculation, fund long-term and environmentally
conscious businesses, and help third world countries get out of poverty. Our
economic freedom and democracy hang in the balance.
You will not find these real wealth solutions
taught in business schools or discussed by politicians or mainstream media. This
book will fundamentally change your understanding of money and debt.
banking, bioregional currencies, public assets, social spending,
worker-ownership, democratization of wealth, capitalism, neoliberal economics,
debt, recessions, tax-payer bailouts, private banks, predatory loans, Federal
Reserve, world financial crisis, austerity measures, privatization of wealth,
income inequality, international trade currency, green economy, Lincoln
greenbacks.
Â
The public does not realize that virtually all
money in circulation, except coins, is created by private banks out of thin air
as debt-money on which we must pay interest and penalties, or that bankers
control the money supply and create periods of prosperity, only to follow them with
recessions or depressions which allows them to confiscate the real wealth of
productive, working people through foreclosures. This system is not in
compliance with the US Constitution which, if followed, could have given us a
nation free of debt and with sufficient funding for all public and private
enterprises with little or no taxation. The beneficiaries of this economic
system are the top 1 percent.Â
Here, eleven of the world's leading economists
expose the fallacies of the existing system, the greed that motivates it, and
show us a variety of proven alternative economic solutions. These include
public banking options, the transfer of wealth from megabanks to community
banks, the creation of local and regional currencies, building more
worker-owned and community-owned business, changing the reserve requirements
for private banks, replacing the Federal Reserve--which is privately owned, not a government agency--with a Bank of
the United States, focusing on community caring values, growing the green
economy, and creating an international trade currency designed to halt
inflation and currency speculation, fund long-term and environmentally
conscious businesses, and help third world countries get out of poverty. Our
economic freedom and democracy hang in the balance.
You will not find these real wealth solutions
taught in business schools or discussed by politicians or mainstream media. This
book will fundamentally change your understanding of money and debt.
