Sovereign Money

Sovereign Money
Author :
Publisher : Springer
Total Pages : 212
Release :
ISBN-10 : 9783319421742
ISBN-13 : 3319421743
Rating : 4/5 (42 Downloads)

Book Synopsis Sovereign Money by : Joseph Huber

Download or read book Sovereign Money written by Joseph Huber and published by Springer. This book was released on 2016-12-09 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: In coming to terms with the still smoldering financial crisis, little attention has been paid to the flaws within our monetary system and how these flaws lie at the root of the crisis. This book provides an introduction and critical assessment of the current monetary system. It begins with an up to date account of the workings of today’s system of state-backed ‘bankmoney’, illustrating the various forms and issuers of money, and discussing money theory and fallacy past and present. It also looks at related economic challenges such as inflation and deflation, asset inflation and bubble building that lead to market instability and examines the ineffectual monetary policies and primary credit markets that are failing to reach some sort of self-limiting equilibrium. In order to fix our financial system, we first need to understand its limitations and the flaws in current monetary and regulatory policy and then correct them. The concluding part of this book is dedicated to the latter, advocating a move towards the sovereign monetary prerogatives of issuing the entire stock of official money and benefitting from the gain thereof (seigniorage). The author argues that these functions should be made the sole responsibility of independent and impartial central banks with full control over the stock of money (not the uses of money) on the basis of a legal mandate that would be more detailed than is the case today. This includes a thorough separation of monetary and fiscal powers, and of both from banking and wider financing functions. This book provides a welcome addition to the banking literature, guiding readers through the inner workings of our monetary and regulatory environments and proposing a new way forward that will better protect our economy from financial instability and crisis.


Sovereign Money Related Books

Sovereign Money
Language: en
Pages: 212
Authors: Joseph Huber
Categories: Business & Economics
Type: BOOK - Published: 2016-12-09 - Publisher: Springer

DOWNLOAD EBOOK

In coming to terms with the still smoldering financial crisis, little attention has been paid to the flaws within our monetary system and how these flaws lie at
Modern Money Theory
Language: en
Pages: 322
Authors: L. Randall Wray
Categories: Business & Economics
Type: BOOK - Published: 2015-09-22 - Publisher: Springer

DOWNLOAD EBOOK

This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, curr
Sovereign of the Market
Language: en
Pages: 320
Authors: Jeffrey Sklansky
Categories: Business & Economics
Type: BOOK - Published: 2017-11-03 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

The elusive sovereign -- Paper money and the problem of circulation in the colonial era -- John Wise and the natural law of commerce -- William Douglass and the
Basic Income and Sovereign Money
Language: en
Pages: 98
Authors: Geoff Crocker
Categories: Political Science
Type: BOOK - Published: 2020-02-20 - Publisher: Springer Nature

DOWNLOAD EBOOK

“This is a radical, thought-provoking book, which brings together debates that are often kept separate about basic income and 'sovereign money'. You might not
Economics of Sovereign Wealth Funds
Language: en
Pages: 330
Authors: Mr.Udaibir S. Das
Categories: Business & Economics
Type: BOOK - Published: 2010-12-09 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments.