Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve

Written by:
Robert Hockett , Aaron James
Narrated by:
Tristan Morris

Unabridged Audiobook

Ratings
Book
Narrator
Release Date
September 2020
Duration
11 hours 6 minutes
Summary
A major work of financial theory and practice with immediate relevance to the rebuilding of the economy, and restoring the promise of equality

When the government decides to spend money, it simply creates the necessary funds for itself--as if out of thin air. That's how we pay for interstate highways, post offices, wars, social services, and economic stimulus packages. If it's that easy to make money...can't we all get more of it? Absolutely. And we should.

So argue financial regulation expert Robert Hockett and bestselling philosopher Aaron James in this eye-opening, irreverent, and inspiring exploration of what the dollar really is. And better still, they show how we can build an economy that works for everybody without unwanted taxes and added regulations.

In the process, we learn how disingenuous the political rhetoric surrounding inflation can be, how the demonized concept of the deficit is really just another way of tallying our collective national wealth, and how a strong central bank could free us from the abuses of private banking.

With broad historical background and ambitious yet practical institutional proposals, Hockett and James offer a new vision of public finance--people's banking for a people's economy. Armed with this new outlook, we can even stop worrying debt and learn to love a strong, accountable, and transparent Federal Reserve as a cornerstone of our democracy.
Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve
This title is due for release on September 15, 2020.

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Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve
This title is due for release on September 15, 2020
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Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve
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Money From Nothing: Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve

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