The Money Revolution: How to Finance the Next American Century

ISBN-13: 9781119856269 / Angielski / Twarda / 2022 / 512 str.

Richard Duncan

Spis treści

Introduction 1Part I: Money 5Chapter 1 The Power of the Fed 7Chapter 2 1914 to 1920: World War I 35Chapter 3 1920 to 1930: After the War 47Chapter 4 1930 to 1941: The Great Depression 57Chapter 5 1941 to 1945: World War II 77Chapter 6 1945 to 1971: The Bretton Woods Era 97Chapter 7 1971 to 2007: After Gold 113Part II: Credit 125Chapter 8 Credit Creation by the Banking System 129Chapter 9 Credit Creation by the Financial Sector 161Chapter 10 Credit Creation by Foreign Central Banks 187Chapter 11 Creditism 213Chapter 12 2007 to 2016: Crisis and Response 239Chapter 13 Creditism Between the Crises 277Chapter 14 Pandemic 297Chapter 15 Inflation 319Part III: The Future 357Chapter 16 America Must Invest 359Chapter 17 Inadequate Investment 367Chapter 18 R&D: The Future Depends on It 389Chapter 19 America Can Afford to Invest 415Chapter 20 Monetize the Debt 437Chapter 21 An Investment Revolution 467Conclusion 483About the Author 485Bibliography 487Index 493

O autorze

RICHARD DUNCAN has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., and headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok, Thailand. He is now the publisher of Macro Watch, a video-newsletter that analyzes the forces driving the global economy in the 21st Century.