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.
Item Details
ISBN:
9781118157794
1118157796
Description: x, 179 pages : illustrations ; 24 cm
Notes: Includes bibliographical references and index.
Contents:
How credit slipped its leash
The global money glut
Creditopia
The quantity theory of credit
The policy response: perpetuating the boom
Where are we now?
How it plays out
Disaster scenarios
The policy options
Fire and ice, inflation and deflation
Conclusion.
LCCN: 2011277891
Control Number: 900186
Publisher: Singapore ; Hoboken, NJ : John Wiley & Sons Singapore Pte. Ltd., 2012.