Regular price: $6.95
Buy Now with 1 Credit
Buy Now for $6.95
The unconventional measures employed by the central bankers of the world over the past five years are not only failing to achieve their stated goals of increasing employment and economic growth; they are triggering what is quickly becoming an unmitigated disaster in fixed-income markets. These markets, once the bedrock of global finance, have now been conditioned, in the Pavlovian sense, to do nothing more than attempt to front run the actions of the Federal Reserve and other central banks up and down the yield curve.
As the chaos continues to unfold, it is important to examine and understand how humanity has arrived at this critical juncture in history. It is the aim of this volume to answer this question by exploring two of the oft-overlooked elements that have, each in its own way, given rise to the system that enables a relatively small group of persons the ability to destroy the accumulated wealth of mankind's 9,000 years of toil in just over 100. These elements are commonly known as dual-entry accounting, which we refer to as mankind's greatest invention, and central banking, which we refer to as mankind's greatest catastrophe.
Customer ReviewsMost Helpful
By Robert D McCall on 04-13-18
Powerful ideas can change the world
Mint has hit the nail on the head. Pacioli’s gift is there for us to apply and the communities that do so and apply variations of Mint’s free banking model will hold the keys to our very survival. Ignore this at our share peril.