Publisher's Synopsis
Can the world really continue to stimulate its way out of every downturn? What happens to debt as central banks and governments buy prosperity?In The Financial System Limit, the author puts forward three radical theories which show that Keynesian economics can no longer benefit society. He explains why debt cannot expand to infinity; then how debt interest is a cost to us all. The global economic cycle is now determined by central bank policies.David Kauders FRSA is a British investment manager who has been concerned about the hidden social costs of easy money. This is his third book.Read The Financial System Limit to understand why banks keep failing and learn why financial and economic policies have to change. You will discover why debt reduction programs do not work and what will follow the recent inflation.Instead of reacting to the news stories of the day, join the challenge to the economic consensus by reading The Financial System Limit.
