||1 of 3 people found the following review helpful.| Five Stars|By G D Reshamwala|Great Book on burning problem|6 of 6 people found the following review helpful.| Compelling Logic and Compelling Evidence|By MCM|I read Schlicter's first edition of this book some three years ago. It was a revelation, for the first time enabling me to understand the world of economics amongst the f|From the Inside Flap||Now in its second edition, Detlev S. Schlichter’s bestselling Paper Money Collapse: The Folly of Elastic Money challenges the mainstream thinking on money and monetary policy. This revised and updated edition draws on solid re
Explore the inevitable collapse of the fiat monetary system
Paper Money Collapse: The Folly of Elastic Money, Second Edition 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, Paper Mone...
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