Money and Credit - VOLUME IV Austrian economist Prof.
Academic work with bibliography, notes and illustrations..
A penetrating study of the inner working of the gold standard.
VOLUME IV of a never published Treatise on Gold, Interest and Discount and the hitherto undiscovered links between them, necessary for the distributed decision making on interest rates and discount rates, savings and consumption as well as hoarding.
A full colour hardcover publication of Fekete\'s magum opus.
The latter is the main cause of our economic problems. the need for central banking is questioned, as the world has always done fine without them, just as the term macro-economics is just a euphemism for a pathological need of centralised control.
Proper economic science, without ideological accretions are proposed and the study of monetary science on international trade lies at its hart.
The myths surrounding the gold standard and silver coinage are all debunked authoritatively.
By reversing the tables, the parasite is exposed and hope may be restored for future generations.
It helps of course if one has read the other volumes.
In its final section on monetary cranks, the tables are reversed.
In this fourth VOLUME several propositions have been made to the finer subjects of economic science such as the future markets, the economics of mining and more.
This parasite kills its host by spending everyone\'s savings and subjecting all future generations to serfdom.
But if we do not start this unpleasant job of resisting parasitical elements, than nature will do it for us.
We are not exempted Cleaning the Augean stables will be a Herculanean effort.
Economic collapse is real and has burried other civilisations under its rubble.
If we want to preserve Credit and civilisation, we need to revert back to honest Money and proper economic science, even if ideologists don\'t like it one bit.
Hot \'money\' is the result and tax administrations hunt it down for their share of the loot.
It sustains one group at the expense of another and cuts perpendicular to justice in the broadest sense.
These conundrums and financial crises are of their own making and solutions are at hand The current crop of economists risks being buried under the rubble of he collapse of a well-fare state, Which is just a euphemism for a parasitical \'system\' that drains both physical and intellectual capital.
The economic abuses, conundrums, crises, aberrations, unemployment, Credit abuse and general evaporation of savings cast a large shadow over mainstream economic science.
This final VOLUME contains several proposals to recover economic science and reinstate Carl Menger\'s main tenets.
Antal Fekete has published his Opus Magnum in 4 volumes or about 900 pages.
Money and Credit - VOLUME IV Austrian economist Prof
