The Scandal of Money: Why Wall Street Recovers but the Economy Never Does (2020)

The Scandal of Money Why Wall Street Recovers but the Economy Never Does Why do conservatives have such a hard time winning the economic debate in the court of public opinion Simple George Gilder says conservatives misunderstand economics almost as badly as liberals do Re
  • Title: The Scandal of Money: Why Wall Street Recovers but the Economy Never Does
  • Author: George Gilder
  • ISBN: -
  • Page: 105
  • Format: Kindle Edition
  • Why do conservatives have such a hard time winning the economic debate in the court of public opinion Simple, George Gilder says conservatives misunderstand economics almost as badly as liberals do Republicans have been running on tax cut proposals since the era of Harding and Coolidge without seriously addressing the key problems of a global economy in decline EnoughWhy do conservatives have such a hard time winning the economic debate in the court of public opinion Simple, George Gilder says conservatives misunderstand economics almost as badly as liberals do Republicans have been running on tax cut proposals since the era of Harding and Coolidge without seriously addressing the key problems of a global economy in decline Enough is enough Gilder, author of New York Times bestseller Wealth and Poverty, proposes a completely new framework for understanding economic growth that will replace failed 20th century conservative economics and turn the economic debate and the country around.
    • [KINDLE] ½ The Scandal of Money: Why Wall Street Recovers but the Economy Never Does | by ✓ George Gilder
      105 George Gilder
    • thumbnail Title: [KINDLE] ½ The Scandal of Money: Why Wall Street Recovers but the Economy Never Does | by ✓ George Gilder
      Posted by:George Gilder
      Published :2019-011-22T03:47:13+00:00

    One Reply to “The Scandal of Money: Why Wall Street Recovers but the Economy Never Does”

    1. Gilder is always an encouraging author, and this book is no exception If you have a hunch that the world is run by monetary monkeyshines, this book will make the case.

    2. If you have ever driven through the rustbelt and wondered why communities outside of Detroit and Cleveland can t seem to feel the wealth of cities like New York, Boston, and Chicago if you ve ever gone back to your hometown in rural America and noticed how many shops had closed up and were not reopened after the Great Recession if you ve ever wondered why so few people seem prepared for retirement or even seem to care about the relationship between money and value or if you ve wondered why so fe [...]

    3. George Gilder is famous among conservatives For decades, I have heard positive things about him, primarily for his work in supply side economics and, recently, in technology The Scandal of Money is an unsuccessful attempt to combine the two Criticizing both Left and Right, and most of all Wall Street, Gilder calls for unleashing economic growth through a monetary restructuring namely, a return to the gold standard, buttressed by Bitcoin.Maybe we do need a gold standard But Gilder does a poor jo [...]

    4. Gilder is always a pleasure to read Stretching and stimulating, contrarian yet intuitive He s a polymath who never seems partisan or ideological The best supply side prophet out there.

    5. 99 StarsRequired reading for anyone interested in money Ironclad, compelling argument on why our current system is a joke and an outline for the future.

    6. George Gilder has forged so many new paths this short book is no exception Coming off his prior book on Knowledge and Power Gilder examines why a lot of the actions of central banks are actually destructive of middle class wealth He argues for alternative monetary regimes including gold and possibly electronic exchange mechanisms like Bitcoin that he believes could help correct for current problems in the system of central banks He is not a fan of writers like Robert Gordon or Thomas Piketty bot [...]

    7. Enjoyed this book It provides a thorough analysis of the debasement of the US dollar and the repercussions since FDR took the nation off of the gold standard and then Nixon closed the gold window The author makes a good case for going back on the gold standard to have a credible money as a medium of exchange The book also explains the costs of massive government overreach in other areas, but the main focus is on money I remain skeptical that the gold standard is the solution A huge concern is th [...]

    8. I think Gilder deserves a Nobel Prize in economics for his advancement of information theory to not only entrepreneurialism, wealth creation, and growth, but now for monetary policy with this work Brilliant explanation of how and why Milton Friedman, and Keynesians, got it wrong This book will convert you to a goldbug, but it might be of the digital variety Highly recommended.

    9. A serious, interesting and relevant essay on the nature and significance of money Since existing moneys fail to perform the key role of money as a measuring stick, we currently live in a world without money What people call money is actually mere credit and debt with no reliable unit of account Amen.

    10. Looking for an introduction to the information theory of money, I only found a very simplistic formulation Yes, money should be generally neutral to allow it to carry information, and yes this principle has been violated recently, but you don t find anything substantial here.The book starts out reflecting on how a liberal could perform well in a debate where a famous conservative failed to impress anyone not already in agreement The book sets out to build a case that would do a better job of sup [...]

    11. This author claims economic issues would be solved by going back to the gold standard I didn t think his arguments were very compelling as the issues we have now also occurred when on the gold standard.Monetary value is based on perceived value of the issuer and the expectations of those accepting it.Basing it on a limited and arbitrary supply of an arbitrarily value doesn t make much sense.The estimated amount of gold hasn t changed that drastically in fifty years, but the population has.So, m [...]

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