Oleme alates 01. juunist kuni 31. augustini avatud E-R 10-17

E-raamat: Financial System Limit

  • Formaat: 192 pages
  • Ilmumisaeg: 13-Jul-2020
  • Kirjastus: Sparkling Books Ltd
  • Keel: eng
  • ISBN-13: 9781907230776
  • Formaat - EPUB+DRM
  • Hind: 5,84 €*
  • * hind on lõplik, st. muud allahindlused enam ei rakendu
  • Lisa soovinimekirja
  • See e-raamat ei ole veel ilmunud. Saate seda tellida alles alates: 13-Jul-2020
  • See e-raamat on mõeldud ainult isiklikuks kasutamiseks.
  • Formaat: 192 pages
  • Ilmumisaeg: 13-Jul-2020
  • Kirjastus: Sparkling Books Ltd
  • Keel: eng
  • ISBN-13: 9781907230776

DRM piirangud

  • Kopeerimine (copy/paste):

    ei ole lubatud

  • Printimine:

    ei ole lubatud

  • Kasutamine:

    E-raamatu lugemiseks on vaja luua Adobe ID ning laadida arvutisse Adobe Digital Editions. Lähemalt siit. E-raamatut saab lugeda ning alla laadida kuni 6'de seadmesse.
    E-raamatut ei saa lugeda Amazon Kindle's. Ülejäänud meie e-poes pakutavad e-lugerid võimaldavad lugeda Adobe ID-ga kaitstud e-raamatuid.

How can the world pay for the economic cost of the coronavirus pandemic?
David Kauders shows that all schemes that borrow from the future are thwarted by three related concepts:
& the true cost of debt to society,
&; the central banking economic cycle, and
&; the financial system limit.
Taken together, these three concepts mean that the economic depression caused by the pandemic will be deflationary. No amount of monetary finance or fiscal stimulus can neutralise this. Economic recovery from the 2020 pandemic can only be achieved through a combination of taxation, use of equity rather than debt finance, and some limited changes to global banking.
The author challenges the existing academic and political consensus about how economies should be managed, showing that finance is the root cause of public dissatisfaction with the elite and their policies. Serious problems of both inequality and populism have their origin in monetary and economic policy. Estimates before the pandemic showed that one-fifth of all economic output was spent on interest: this is too high an overhead and cannot be allowed to increase. The old arguments about sound money versus stimulus, as well as contemporary arguments that governments controlling their own currency can create as much credit as they wish, are fundamentally unsuited to the deflationary shock that has occurred.
Whether you are a concerned individual, an academic, politician, banker or even a policymaker, read about a different view of the current financial orthodoxies, one that will provoke serious debate and even action.
“Radical thinkers might have a point” was how the Financial Times described the author’s first book The Greatest Crash: How contradictory policies are sinking the global economy, This new book offers further original thought.
THE FINANCIAL SYSTEM LIMIT List of Tables Figures Definitions and explanations Introduction PART ONE: THREE RADICAL THOUGHTS 1 The financial system limit 2 Debt interest is a cost to society 3 The central banking economic cycle PART TWO: ACADEMIC THEORY AND CASE STUDIES 4 Academic theory 5 Two case studies of the financial system limit 6 Pension deficits PART THREE: REVIEW OF EXISTING PROPOSALS 7 Can the world escape the financial system limit? 8 Tackling the cost of interest to society PART FOUR: ECONOMIC IMPACT OF THE PANDEMIC 9 The limit to "Whatever it takes" 10 Contradictions in economics and politics References
David Kauders FRSA was educated at Latymer Upper School, Jesus College, Cambridge and Cranfield School of Management. He is an investment manager and also contributes occasional articles to the UK financial press.