Money has long and firmly entered our lives. At first, it appeared as a convenient means of exchanging goods and services. But with the introduction of interest, money turned into an independent commodity – always in demand and liquid. Today,...
most people believe that rising prices and periodic economic crises are natural. Meanwhile, there exists another, sustainable approach to money, long proven in practice. The book explains serious issues in a very accessible way, practically using simple examples, addressing questions that stump "economic experts." Is infinite economic growth possible with finite resources on the planet? If inflation is natural for the economy, why was it absent in earlier stages of historical development? How can money "work for you" when ultimately any work is done by people or machines? Where do non-labor incomes actually come from? Is an alternative – fair and sustainable economic model, beneficial for ALL layers of society, possible? Finally, what specifically can each of us do to gradually transition to a system of new money without interest and inflation through soft reforms?
Money has long and firmly entered our lives. At first, it appeared as a convenient means of exchanging goods and services. But with the introduction of interest, money turned into an independent commodity – always in demand and liquid. Today, most people believe that rising prices and periodic economic crises are natural. Meanwhile, there exists another, sustainable approach to money, long proven in practice. The book explains serious issues in a very accessible way, practically using simple examples, addressing questions that stump "economic experts." Is infinite economic growth possible with finite resources on the planet? If inflation is natural for the economy, why was it absent in earlier stages of historical development? How can money "work for you" when ultimately any work is done by people or machines? Where do non-labor incomes actually come from? Is an alternative – fair and sustainable economic model, beneficial for ALL layers of society, possible? Finally, what specifically can each of us do to gradually transition to a system of new money without interest and inflation through soft reforms?
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