The Next Money Crash And A Reconstruction Blueprint

This book lays out an action plan with some room for improvisation. Will we have the courage to act? Kicking the proverbial can down the road feels easy in the moment but can lead to devastating consequences. The point of a system redesign is to acknowledge we have a broken monetary system, that has drifted far away from serving "We the People" . There is a growing recognition, even within the Federal Reserve, that something is wrong. The needed actions described here on money and banking can restore a better balance for all. With knowledge there is true power.

This book lays out an action plan with some room for improvisation. Will we have the courage to act? Kicking the proverbial can down the road feels easy in the moment but can lead to devastating consequences. The point of a system redesign is to acknowledge we have a broken monetary system, that has drifted far away from serving “We the People” . There is a growing recognition, even within the Federal Reserve, that something is wrong. The needed actions described here on money and banking can restore a better balance for all. With knowledge there is true power.

This book explores the central economic and political issues defining the modern world. With contributions from a number of world renowned economists, a range of topical debates are discussed in an accessible and practical manner. The topics discussed include the current economic and political backdrop, global economic shifts, challenges within central banking and financial integration, the international monetary and financial system, and geopolitical tensions. Particular attention is given to the transition to a low carbon economy, the perils of public debt, the post-COVID-19 recovery, and the conflict in Ukraine. This book aims to envisage the economic challenges and opportunities that will be faced in the years to come. It will be relevant to students, researchers, and policymakers interested in economic policy and the political economy. Chapter-No.17 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.

Chairman of the Joint Chiefs, Admiral Mike Mullen, on May 10, 2012, stated that the national debt is the single biggest threat to national security. The deficit spending and accumulated debt of many nations, including the United States, is a topic of wide discussion and concern. Offering provocative and compelling solutions for remedying the country’s banking system, The Next Money Crash—and How to Avoid It presents a transcription of the conference, “Fixing the Banking System for Good,” organized by the Global Interdependence Center. This conference offered a variety of speakers presenting differing views of key issues, all with a common goal—to moderate the financial disruptions the current system allows; to provide a sound, stable currency; to compel, through market forces, more transparency in the activities of financial institutions; and to take taxpayers off the hook. In all of the plans, more capital and more transparency are key elements, along with the end to government guarantees, which provide advantages to large, opaque financial institutions. The Next Money Crash—and How to Avoid It compiles the latest thinking of many leading minds in finance and economics and provides a clear prescription for fixing the banking system as well as the global monetary system.

Chairman of the Joint Chiefs, Admiral Mike Mullen, on May 10, 2012, stated that the national debt is the single biggest threat to national security. The deficit spending and accumulated debt of many nations, including the United States, is a topic of wide discussion and concern. Offering provocative and compelling solutions for remedying the country's banking system, The Next Money Crash?and How to Avoid It presents a transcription of the conference, ?Fixing the Banking System for Good, ? organized by the Global Interdependence Center. This conference offered a variety of speakers presenting differing views of key issues, all with a common goal?to moderate the financial disruptions the current system allows; to provide a sound, stable currency; to compel, through market forces, more transparency in the activities of financial institutions; and to take taxpayers off the hook. In all of the plans, more capital and more transparency are key elements, along with the end to government guarantees, which provide advantages to large, opaque financial institutions. The Next Money Crash?and How to Avoid It compiles the latest thinking of many leading minds in finance and economics and provides a clear prescription for fixing the banking system as well as the global monetary system