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010 _a 2021043247
020 _a9781119856269 (cloth)
020 _a1119856264 (cloth)
020 _a9781119856283 (epub)
020 _a9781119856276 (adobe pdf)
040 _aDLC
_beng
_cDLC
_erda
041 _aeng
042 _apcc
043 _an-us---
050 1 4 _aHG 181
_bD912m 2022
082 0 0 _a332.10973
100 1 _aDuncan, Richard,
_d1960-
_933246
245 1 4 _aThe money revolution :
_bhow to finance the next American century /
_cRichard Duncan.
264 1 _aHoboken, NJ :
_bWiley,
_c2022
300 _aviii, 504 pages ;
_c 24 cm.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
504 _aIncludes bibliographical references and index.
520 _a"Over the last century, wars, depressions, political ambition, regulatory mistakes, greed and geopolitical competition have entirely transformed the Monetary System of the United States -- they have transformed the very nature of Money itself. The Money Revolution highlights that the new economic environment we find ourselves in today presents us with previously unimaginable opportunities to grow and prosper, and persuades the American public and US policymakers that the United States can and must invest in the industries and technologies of the future on an unprecedented scale in order to ignite a technological revolution that would turbocharge economic growth, consolidate the country's geopolitical preeminence and vastly enhance human wellbeing, not only in the US, but all around the world. It explains why such a large-scale investment program is possible, how it could be structured and which industries should be targeted; demonstrates that this investment could be made at no cost to US taxpayers; and describes the extraordinary benefits that an investment program of this nature would be sure to deliver. The book is divided into three parts: Part 1, Money, describes the evolution of Money and Monetary Policy in the United States from the establishment of the Federal Reserve System in 1913 to the present. It also discusses the events that forced the US monetary system to evolve. These chapters provide a history of the Federal Reserve System and explain everything necessary to understand how the Fed conducts Monetary Policy in the 21st Century. They also demonstrate the colossal power the US central bank has at its disposal. Part 2, Credit, shows that as the nature of money changed, it brought about a transformation of the economic system, as well. It describes the astonishing proliferation of credit in the United States during the five decades since Dollars ceased to be backed by gold. It discusses the impact that very rapid credit growth has had on the US economy and shows that economic growth is now dependent on credit growth. It also demonstrates that there are effectively no longer any limits as to how much money the United States government can borrow. It concludes by showing that if credit fails to expand, the economy will collapse into a depression. Part 3, The Future, calls for the United States to carry out a multi-trillion-dollar investment program targeting the industries of the future over the next 10 years. It begins by showing that the current level of investment in the United States is dangerously inadequate. It then discusses how this investment program could be structured and the industries it should target. Next, it explains that an investment program of this size could be carried out at no cost to US taxpayers and details how that could be done"--
_cProvided by publisher.
588 _aDescription based on print version record and CIP data provided by publisher; resource not viewed.
610 1 0 _aUnited States.
_bFederal Reserve Board.
610 2 4 _aSistema Federal de Reservas (Estados Unidos)
_928770
650 0 _aFinance
_zUnited States.
650 4 _aFinanzas
_zEstados Unidos
_9155
650 0 _aTechnological innovations
_xEconomic aspects
_zUnited States.
650 4 _aInnovaciones tecnológicas
_xAspectos económicos
_zEstados Unidos
_91708
650 0 _aInvestments
_zUnited States.
650 4 _aInversiones
_zEstados Unidos
_994
650 0 _aMonetary policy
_zUnited States.
650 4 _aPolítica económica
_zEstados Unidos
_9309
650 0 _aMoney
_zUnited States.
650 4 _aDinero
_zEstados Unidos
_9394
651 0 _aUnited States
_xEconomic policy.
776 0 8 _iPrint version:
_aDuncan, Richard, 1960-
_tMoney revolution
_dHoboken, NJ : Wiley, [2022]
_z9781119856269
_w(DLC) 2021043246
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2lcc
_cBK
946 _isba
999 _c120455
_d120455