LEADER 05531nam 22006853u 450 001 9910779177003321 005 20230126202915.0 010 $a0-87586-920-3 035 $a(CKB)2550000000101078 035 $a(EBL)864151 035 $a(OCoLC)821198654 035 $a(SSID)ssj0000738445 035 $a(PQKBManifestationID)12304526 035 $a(PQKBTitleCode)TC0000738445 035 $a(PQKBWorkID)10790547 035 $a(PQKB)10802890 035 $a(MiAaPQ)EBC864151 035 $a(EXLCZ)992550000000101078 100 $a20130418d2011|||| u|| | 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 12$aA More Imperfect Union$b[electronic resource] $eHow Inequity, Debt, and Economics Undermine the American Dream 210 $aNew York $cAlgora Publishing$d2011 215 $a1 online resource (265 p.) 300 $aDescription based upon print version of record. 311 $a0-87586-918-1 327 $a1. Introduction; The Business Cycle; Poverty; Deflation; Overview of Text; 2. Money and Debt; Active and Idle Money; Expansion of the Money Supply; Debt Involvement; Fiat Money; 3. Income; Equation of Exchange; Velocity of Money; National Income; 4. Money Flows; Money-Flow Diagrams; Current Output Market; Noncurrent Output Market; Foreign Transactions; Financial Market; Government Sector; Money Creation; Depreciation and Intermediate Inputs; Composite of Flows; 5. Productivity; Growth in Productivity; Productivity in a Competitive Environment; Index; Bibliography; The Final Word 327 $a20. Conclusion Summary and Perspective; The Bubble Economy; Deflation Deterrents; Economy Adrift; Moving Forward; 19. Economic Theory; Interest Rates; Cost-Push Inflation; Multiple Follies; Stability; Debt Addiction; Fiat Money; 18. Poverty; Free Markets; Poverty; Government; Debt; Wage-Skill Considerations; New Direction; 17. Foreign Affairs; Competitive Pricing; Overpaid Labor and Capital; Monetary Expansion; Unbalanced Trade; Currency Reserves; Multinational Currencies; Caution and Study Warranted; 16. Debt and the Economic Cycle; Debt Creation and Servicing; Tight-Money Policy 327 $aThe Short TermInternational Considerations; Generational-Funding Dilemma; Limited Government; Default and Collapse; Debtless Money; International Context; 15. Labor; Unemployment Causes; Wage Fluctuations; Distortions and Inequities; Wage Inequality; Minimum-Wage Rates; Inadequate Investment; Income Redistribution; Social Contract; Job Creation; 14. Fiscal Policy; Higher Income-Producing Flows; Keynesian Beliefs; Public and Private Debt; Monetary and Fiscal Policy; 13. Monetary Policy; Wealth Transfers; Open-Market Operations; International Transactions; Constant Money Supply 327 $aPrice Stabilization An Alternative; 12. Money Demand and Velocity; The Demand for Money; Comments on Money Demand Theory; Velocity and Debt; 11. Profits; Profits and Interest; Profits and Deflation; Legitimacy of Profits; Responses to Profit Growth; Capitalism and Free Markets; 10. The Rate of Interest; Events Following Money Supply Increase; A Fair Interest Rate; An Administered Rate of Interest; Money Supply and Inflation; Deflation; Liquidity-Preference Theory; Debt for Debt Servicing; 9. Investment and Economic Growth; Keynesian Theory; Capital Replacement; New Investment 327 $aGrowth Undermined 8. Government and Inflation; Taxes; Deficit Financing; Public Sector Spending; Regulation; Government Guarantees; 7. Saving, Savings, and Debt; Saving and Spending Flows; Intermediary Policies; Rate of Saving; Debt Expansion; 6. Cycles; Theory in Perspective; Hypothetical Events; Recent Experience; Response of the Government; Free Markets; Productivity in a Noncompetitive Environment; Hidden Inflation; Cost-Push Inflation; Monetary Expansion; Other Ramifications 330 $aA debt-based financial system is incompatible with a truly competitive economy. Our system exists by choice, not the dictates of immutable economic laws; and it is leading the U.S. to financial collapse. The author highlights essentially ignored inequities and fallacies inherent in major aspects of our economy and of economic theory. The text explains how the system is skewed to big government and a dominant financial sector and undermining our standard of living. 606 $aDebts, Public -- United States 606 $aMonetary policy -- United States 606 $aUnited States -- Economic conditions -- 21st century 606 $aUnited States -- Foreign relations -- 21st century 606 $aUnited States -- Social conditions -- 21st century 606 $aDebts, Public$zUnited States 606 $aMonetary policy$zUnited States 607 $aUnited States$xEconomic conditions$y21st century 607 $aUnited States$xSocial conditions$y21st century 607 $aUnited States$xForeign relations$y21st century 615 4$aDebts, Public -- United States. 615 4$aMonetary policy -- United States. 615 4$aUnited States -- Economic conditions -- 21st century. 615 4$aUnited States -- Foreign relations -- 21st century. 615 4$aUnited States -- Social conditions -- 21st century. 615 0$aDebts, Public 615 0$aMonetary policy 676 $a330.973 700 $aJennings$b James L$01559383 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 906 $aBOOK 912 $a9910779177003321 996 $aA More Imperfect Union$93824421 997 $aUNINA