The Financial System Limit
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The Financial System Limit

The World's Real Debt Burden
Sofort lieferbar | Lieferzeit: Sofort lieferbar I
ISBN-13:
9781907230776
Veröffentl:
2020
Seiten:
160
Autor:
David Kauders
eBook Typ:
EPUB
eBook Format:
Reflowable
Kopierschutz:
NO DRM
Sprache:
Englisch
Beschreibung:

"e;Neither Keynes nor his disciples foresaw the eventual creation of unaffordable debt nearly a century later."e;"e;One of the most fascinating books I've ever read"e; - NetGalley reviewer Why were economies sluggish before the pandemic arrived? Why have interest rates paid by businesses and households been rising even though deposit rates are nil? Does the policy of bailing out economies bring any dangers?In The Financial System Limit, investment manager David Kauders shows that Keynesian economics has gradually caused the private sector to add to its debts at a true cost far above any inflation. The world cannot afford debts already created.The author challenges the existing academic and political consensus about how economies should be managed."e;Radical thinkers might have a point"e; was how the Financial Times described David Kauders' first book The Greatest Crash. This new book offers further original thought. Anyone concerned about financial stability and economic growth should read why the fashionable proposals do not work.

Can the world really continue to stimulate its way out of every downturn? What happens to debt as central banks and governments buy prosperity?


In The Financial System Limit, the author puts forward three radical theories which show that Keynesian economics can no longer benefit society. He explains why debt cannot expand to infinity; then how debt interest is a cost to us all. The global economic cycle is now determined by central bank policies.


David Kauders FRSA is a British investment manager who has been concerned about the hidden social costs of easy money. This is his third book.


Read The Financial System Limit to understand why banks keep failing and learn why financial and economic policies have to change. You will discover why debt reduction programs do not work and what will follow the recent inflation.


Instead of reacting to the news stories of the day, join the challenge to the economic consensus by reading The Financial System Limit.


Radical thinkers might have a point” was how the Financial Times described David Kauders’ first book The Greatest Crash: How contradictory policies are sinking the global economy. This new book offers further original thought.

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