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The Role of Money : What it Should Be, Contrasted with What it Has Become.

The Role of Money examines the mystery of money in its social aspect and illustrates what money now is, what is does and what it should do. The standpoint from which the book is written is that of the public. The significance of the 'money-power' of the state to issue money has been recent...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Soddy, Frederick
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : Taylor and Francis, 2014.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Half Title; Title Page; Copyright Page; Original Title Page; Table of Contents; CHAPTER I. THE PHILOSOPHIC BACKGROUND- ERGOSOPHY; The Objective; The Monetary System Obsolete; The Community Standpoint; Social Importance of Energetics; Energy Theory of Wealth; Ergosophy; Wealth and Calories; Marxism Obsolete; Relation between Peoples and Governments; Physical Interpretation of History; The Truth about Materialism
  • The Physical Origin of Progress
  • The Doctrine of Struggle; Modern Wars and National Debts; The Real Struggle; The Taboo on Scientific Economics.
  • Wars and Revolutions result from WealthThe Monetary System impedes the Flow; CHAPTER II. THE THEORY OF MONEY-VIRTUAL WEALTH; What is Money?; Barter and Barter-Currencies; Paper Money; Bank-Credit; The Private Issue of Money; Monetary Policy; What gives Value to Money?; Two Fundamental Monetary Principles; Virtual Wealth; The Community's Credit; Credit money a Tax; "" Backed "" Money; Money a Claim to what does not Exist; The Price-Level; Money from the Issuer's Standpoint; Money not now a Tangible Token; Changeover from Barter to Credit Money; The False Step; Why was it False?
  • The Profits of the Issue of MoneyMoney Indestructible without Expropriation; CHAPTER III. THE EVOLUTION OF MODERN MONEY; The Origin of the Cheque; Government Regulation of Banking; Lending Cheque books; Genuine and Fictitious Loans; Current Account Deposits; Why Cheque Money is preferred to Tokens; The Gold-Standard; The Correct Procedure; The Credit or Trade Cycle; How the Losses are Distributed; Fraudulent Monetary Terminology; The Gold Drain; The Government's Connivance; The Cunliffe Committee; Deflation; The Abortive Return to Gold; True-blue Treason; The 1928 Act.
  • What is Genuine Money To-day?CHAPTER IV. MONEY AS IT NOW IS; Monetary Illusions; A Distinction without a Difference; The Vested Interest in Creating Money; Open Market Operations; Cash!; Banks now Create Money for Themselves to Spend; The Banker as Tax-gatherer; The Sprat to catch a Mackerel; Banks give no Security Whatever; The Time-element of Money; The Circulation of Money; The Value of Money or Price-level; Some Monetary Factors; A Grain Currency; Economizing in the Use of Money now Fallacious; Money Tokens or Book Credit?; Should Money-lending now be Permitted?
  • Physical Absurdity of Short-term LendingCurrent Accounts and Time-deposits; How the Banker avoids His Own Trap; CHAPTER V. INTERNATIONAL ECONOMIC RELATIONS; Bad Money Embroils the Nations; International Banking; Money at Call and Short Notice; How the International Banker rules the World; Money is National not International Debt; Importers pay Exporters of their Own Nation; The Balance of Trade; Effect of Loans and Repayments; The Foreign Exchanges; Gold-Standard drags all Nations down to Level of Lowest; Effect of freeing Foreign Exchanges; Correct Use of Gold.