NL_Doormat: Hintergrundfarbe des Newsletter Banners unten in der Doormat. Mit # eingeben z.B. #1405BE

NL_Doormat: Verlinkung zur Newsletter Seite

Über uns

À propos de nous

Zahlung und Lieferung

Paiement et livraison

Nachhaltigkeit

Durabilité

Open Access

Datenschutz

Protection des données

Karriere

Carrière

Impressum

Mentions légales

LEXIA

LEXIA Arbeitsrecht

Was ist LEXIA?

C'est quoi LEXIA ?

LEXIA Familienrecht

Zeitschriften

Revues

recht

Pflegerecht

ZBJV

forumpoenale

ZStrR

Anwaltsrevue

Revue de l'avocat

RSAS

FamPra.ch

ASYL

Life Science Recht

BlAR

Sachbuch

Livres spécialisés

LOKI

Semaphor

Fokusthemen

Thèmes principaux

Thema

Recht studieren

Arbeitsrecht

Droit du travail

Studium

Études

Familienrecht

Droit de la famille

Sozialversicherungsrecht

Droit des assurances sociales

Strafrecht

Droit pénal

Publikationen

Publications

Literatur

Onlinemodule LEXIA

Modules en ligne LEXIA

Bücher

Livres

Buchreihen

Collections

Datenbanken

recht.ch

Studienliteratur

Littérature pour les études

Services

Dienstleistungen für

Corporate Books

Publishing Lösungen

Aktuelles

Geschäftskunden

Professionnels

Corporate Publishing

Content solutions

Buchhandlungen

Librairies

Veranstaltungen

Événements

Presse

Dozierende

Enseignants

Studierende

Étudiants

Inserierende

Annonceurs

Newsletter

Blog

Autorinnen/Autoren

Auteurs

Unsere Schreibenden

Hilfe

Unsere Autorinnen und Autoren

Liste

Autorenlounge

Espace des auteurs

Bei uns publizieren

Publier chez nous

Autorenstimmen

Témoignages

Verlag

Éditions

Themen

Mehr wissen

Mitarbeitende

Collaborateurs

Geschichte

Histoire

Vision und Mission

Vision et mission

Unser Magazin

Notre magazine

Unternehmenskultur

Culture d'entreprise

Partner

Partenaires

Kontakt

Contact

Shop

Schweizer Recht

Ausländisches Recht

Über unseren Shop

Neuerscheinungen

Nouveautés

Infos, Tipps und Tricks

Infos, conseils et astuces

Vorankündigungen

Préavis

Nach Rechtsgebiet

Par domaine juridique

Kommentare

Commentaires

&lt;b&gt;Explore the inevitable collapse of the fiat monetary system&lt;/b&gt;  &lt;p&gt;&lt;i&gt;Paper Money Collapse: The Folly of Elastic Money, Second Edition&lt;/i&gt; challenges the mainstream consensus on money and monetary policy. While it is today generally believed that the transition from 'hard' and inflexible commodity money (such as a gold standard) to entirely flexible and potentially unlimited fiat money under national central banks allows for superior economic stability, &lt;i&gt;Paper Money Collapse&lt;/i&gt; shows that the opposite is true. Systems of highly elastic and constantly expanding money are not only unnecessary, even for growing economies, they are always extremely destabilizing. Over time, they must lead to substantial imbalances, including excessive levels of debt and distorted asset prices, that will require ever faster money production to sustain. Ultimately, however, there is no alternative to a complete liquidation of these distortions. Based on insights of many renowned economists and in particular of the Austrian School of Economics, the book explains through rigorous logic and in precise language why our system of flexible fiat money is incompatible with a market economy and therefore unsustainable. Paper money systems have always led to economic disintegration—without exception—throughout history. It will not be different for our system and we may be closer to the endgame than many think.&lt;/p&gt; &lt;p&gt;The updated second edition incorporates:&lt;/p&gt; &lt;ul&gt; &lt;li&gt;A new introduction and an extended outlook section that discusses various "endgames"&lt;/li&gt; &lt;li&gt;Responses to criticisms, alternative views, and a critical assessment of 'solutions'&lt;/li&gt; &lt;li&gt;Comments on recent policy trends, including attempts to exit the 'easy money' policy mode&lt;/li&gt; &lt;li&gt;An evaluation of new crypto-currency Bitcoin&lt;/li&gt; &lt;/ul&gt; &lt;p&gt;&lt;i&gt;Paper Money Collapse: The Folly of Elastic Money, Second Edition&lt;/i&gt; clarifies the problem of paper money clearly and eloquently, and proposes multiple routes to a solution.&lt;/p&gt;

Detlev S. Schlichter

Thomas Mayer

Paper Money Collapse

The Folly of Elastic Money