New Depression
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Why the global recession is in danger of becoming another Great Depression, and how we can stop it
When the United States stopped backing dollars with gold in 1968, the nature of money changed. All previous constraints on money and credit creation were removed and a new economic paradigm took shape. Economic growth ceased to be driven by capital accumulation and investment as it had been since b...
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Why the global recession is in danger of becoming another Great Depression, and how we can stop it
When the United States stopped backing dollars with gold in 1968, the nature of money changed. All previous constraints on money and credit creation were removed and a new economic paradigm took shape. Economic growth ceased to be driven by capital accumulation and investment as it had been since b...
Read more
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