Reconsidering the privileged powers of banks foundations of sovereign money, wealth and real capital for sustainability /
This book reconsiders the privileged powers commercial banks hold, i.e., their ability to create money out of nothing and then have that money grow with a positive interest rate. Said powers defy the first and second laws of thermodynamics. The necessity of understanding the dual natures of money, w...
Main Author: | Mayumi, Kozo Torasan, |
---|---|
Other Authors: | Renner, Ansel,, SpringerLink (Online service) |
Format: | eBook |
Language: | English |
Published: |
Singapore :
Palgrave Macmillan,
2023.
|
Physical Description: |
1 online resource (xxi, 221 pages) : illustrations (some color) |
Subjects: |
CMU Electronic Access
Electronic Resource Click HereLocation | Call Number: | Status |
---|---|---|
CMU Electronic Access | Available |