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Overview?Neither Keynes nor his disciples foresaw the eventual creation of unaffordable debt nearly a century later.? ?One of the most fascinating books I?ve ever read? - NetGalley reviewer Why were economies sluggish before the pandemic arrived? Why have interest rates paid by businesses and households been rising even though deposit rates are nil? Does the policy of bailing out economies bring any dangers? In The Financial System Limit, investment manager David Kauders shows that Keynesian economics has gradually caused the private sector to add to its debts at a true cost far above any inflation. The world cannot afford debts already created. The author challenges the existing academic and political consensus about how economies should be managed. ?Radical thinkers might have a point? was how the Financial Times described David Kauders' first book The Greatest Crash. This new book offers further original thought. Anyone concerned about financial stability and economic growth should read why the fashionable proposals do not work. Full Product DetailsAuthor: David KaudersPublisher: Sparkling Books Ltd Imprint: Sparkling Books Ltd Dimensions: Width: 14.60cm , Height: 0.90cm , Length: 22.20cm ISBN: 9781907230264ISBN 10: 1907230262 Publication Date: 10 May 2024 Audience: General/trade , Professional and scholarly , College/higher education , General , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsTHE FINANCIAL SYSTEM LIMIT List of Tables Figures Definitions and explanations Introduction Part one: Three radical thoughts 1 The financial system limit 2 Debt interest is a cost to society 3 The central banking economic cycle Part two: Academic theory and case studies 4 Academic theory 5 Two case studies of the financial system limit 6 Pensions Part three: How can the world escape its debt problem? 7 Existing ideas 8 Tackling the cost of interest to society Part four: The pandemic and the financial system limit 9 Impact of the pandemic 10 Deflation Postscript: Britain's real debt burden ReferencesReviewsAuthor InformationDavid Kauders FRSA was educated at Latymer Upper School, Jesus College, Cambridge and Cranfield School of Management. He is an investment manager and author. Tab Content 6Author Website:Countries AvailableAll regions |