Free Delivery Over $100
|
|
|||
|
||||
OverviewCan 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. Full Product DetailsAuthor: David KaudersPublisher: Sparkling Books Ltd Imprint: Sparkling Books Ltd Dimensions: Width: 14.00cm , Height: 1.00cm , Length: 21.60cm Weight: 0.210kg ISBN: 9781907230783ISBN 10: 1907230785 Pages: 156 Publication Date: 22 February 2021 Audience: General/trade , Professional and scholarly , College/higher education , General , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsTHE 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 Pensions Part three: How can the world escape its debt problem? 7 Existing ideas 8 Tackling the cost of interest to society Part four: The pandemic and the financial system limit 9 Impact of the pandemic 10 Deflation ReferencesReviewsThe author provides a historical view of how we reached the point where the level of global debt is unsustainable and now compounded by a global pandemic. The book is understandable by those without a deep financial background. Kauders, who has decades of experience as an investment manager makes the case for the difficult situation we, as global citizens, are confronted with. - Librarything reviewer A very good book about the financial system. How debt works. How debt works and has worked for and against various countries at various times. Highly recommended! - Hal Perlman, USA The book pleas to measure interest cost on total debt in relation to economic output. A deep recession and consequential financial upset were inevitable in a world that could not resolve the conflict between stimulus and austerity, a world that remained addicted to debt, a world that refused to admit the limit to the growth of debt caused by the cost of servicing it. That's what David Kauders wants to highlight. - Henk van der Klis, Netherlands This book by David Kauders provides some unique and interesting insights on macroeconomics and money in general. The topic of debt is such a complex and loaded topic but Kauders approaches it in an easy to understand manner (you don't have to have an economics background). This book is a not a light read or an easy read but its worth the read. - Reviewer, Canada The book starts with a Definitions and Explanations section, which is helpful in clarifying some terms and concepts... One of the author's main points seems to be that credit can not be created forever, because there reaches a point at which the debt level of a society makes repayment of the debt impossible. Kauders discusses this and other ideas, including the economic strategies of governments to deal with the pandemic, the true cost of debt, and economic cycles cause by central banking policies. His ideas about modern monetary theory and pensions are interesting. - Review posted on amazon.com 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. The author provides a historical view of how we reached the point where the level of global debt is unsustainable and now compounded by a global pandemic. The book is understandable by those without a deep financial background. Kauders, who has decades of experience as an investment manager makes the case for the difficult situation we, as global citizens, are confronted with. - Librarything reviewer 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. Author InformationDavid Kauders FRSA was educated at Latymer Upper School, Jesus College, Cambridge and Cranfield School of Management. He is an investment manager and author. Tab Content 6Author Website:Countries AvailableAll regions |
||||
