1.

Record Nr.

UNINA9910841377603321

Autore

Duncan Richard <1960->

Titolo

The new depression [[electronic resource] ] : the breakdown of the paper money economy / / Richard Duncan

Pubbl/distr/stampa

Singapore ; ; Hoboken, N.J., : John Wiley & Sons Singapore Pte. Ltd., 2012

ISBN

1-119-19919-0

1-118-15782-6

1-280-59169-2

9786613621528

1-118-15780-X

Descrizione fisica

1 online resource (191 p.)

Disciplina

332.10973

338.542

Soggetti

Financial crises

Financial crises - United States

Depressions

Depressions - 21st century

Economic history - 20th century

Monetary policy

Monetary policy - United States

United States Economic conditions 21st century

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

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.

Sommario/riassunto

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.