ISBN: 9781334469848 - mutual banking: showing the radical deficiency of the present circulating medium and the advantages of a free currency (classic reprint) (3 Ergebnisse)

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Zustand: New. Print on Demand. This book argues that interest payments should be abolished, aligning with the views of several great thinkers like Aristotle and Proudhon. The author explains that interest is not a necessary part of lending, but rather a premium paid to banks for insuring credit. This is unfair, as banks have a monopoly on the exchange of credit, and can therefore charge exorbitant fees. The author believes this monopoly can be broken by allowing free competition in banking and by creating new institutions that can provide credit at cost. The book also tackles the contentious issue of paper currency, and argues that it can be made safe and practical by backing it with real property. Overall, the book offers a comprehensive critique of the current financial system, and proposes radical changes that could create a fairer and more just economy. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…