The Money Revolution, Richard Duncan
The Money Revolution, Richard Duncan
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The Money Revolution
How to Finance the Next American Century

Author: Richard Duncan

Narrator: Chris Reilly

Unabridged: 15 hr 21 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 03/01/2022


Synopsis

In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human well-being, and create unimaginable wealth. In this book, you will find: an important new history of the Federal Reserve that details the transformation of the country's central bank from the passive lender of last resort created by its founders in 1913 into the world's most powerful economic institution today; a fascinating discussion of the evolution of money and monetary policy in the United States over the past century; an examination of the role that credit has played in generating economic growth; a detailed description of the country's capital structure and its dangerous deficiencies; and an urgent call-to-action for the United States to begin a multi-trillion-dollar investment program targeting industries of the future.

The Money Revolution is an engaging listen that is ideal for anyone interested in the future of the United States.

Reviews

Goodreads review by James

A remarkable work of scholarship. It would be very easy to dismiss the author as yet another modern monetary theorist, but this would be to miss this book's true value. The author offers a detailed study in monetary mechanics, dating back to the earliest days of the Federal Reserve system and tracing......more

A very disappointing wrap up to a book that provided a very insightful and valuable history of the Federal Reserve. If you want to understand how and why we got to where we now stand with the Federal Reserve this book provides a detailed historic account from its inception to modern day monetary pol......more

Goodreads review by Anders

The initial segment of the book, where the author delves into the history of the Federal Reserve and its role in financing the United States, is notably engaging. However, the latter part of the book falls short. The notion that one can invest their way to superiority is intriguing, yet the author u......more

Goodreads review by Michael

Some very useful empirical analysis... infused with a lot of fantasy assumptions regarding human behavior and centralization of control. This is the discredited manifesto of Modern Monetary Theory that has delvered us price instability, economic fragility, and social and political conflict. It’s Dys......more