Ebook: The Money Bomb (Government Debt)
Author: STUART James Gibb
- Tags: Bank of England Bishop Berkeley Bradbury boom-and-bust Colonial Scrip commodities Conservatism credit devaluation E.G.B. Falklands War Federal Reserve first-time money Benjamin Franklin Guernsey inflation interest lending monetizing Monetarism National Debt Grondona Great Depression greenbacks hyper-inflation Lincoln Poverty Trap renominalisation Rothschild Salvation Island Socialism speculation stimulus Tax Credit Treasury Notes Trident usury Weimar
- Year: 1983
- Publisher: William Maclellan (Embryo) Ltd
- City: Glasgow, UK
- Edition: 2nd 1984
- Language: English
- pdf
[rear cover]
"The dramatic exposé which proves that:
* The single most important factor restricting industrial expansion is Government Debt.
* Recessions and depressions are an inevitable consequence of the debt structure, making nonsense of the accepted economic wisdom.
* Public borrowing is caused by the necessity to find the interest on previous borrowings.
* Inflation could be stopped, and taxation drastically lowered, if Government found an answer to this problem.
No honest politician can ignore these blinding truths, now that they are becoming generally known. As for the dishonest and the vested interests, their only recourse is to try and suppress them, -- which is something they are already doing. In the first 12 months of publication, The Money Bomb was boycotted by almost every
bookshop in the U.K. ..."
"The dramatic exposé which proves that:
* The single most important factor restricting industrial expansion is Government Debt.
* Recessions and depressions are an inevitable consequence of the debt structure, making nonsense of the accepted economic wisdom.
* Public borrowing is caused by the necessity to find the interest on previous borrowings.
* Inflation could be stopped, and taxation drastically lowered, if Government found an answer to this problem.
No honest politician can ignore these blinding truths, now that they are becoming generally known. As for the dishonest and the vested interests, their only recourse is to try and suppress them, -- which is something they are already doing. In the first 12 months of publication, The Money Bomb was boycotted by almost every
bookshop in the U.K. ..."
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