9 of 9 people found the following review helpful
5.0 out of 5 stars
Modernising Money, 28 Feb. 2013
Everyone knows that something is profoundly wrong in our (UK) society: welfare benefits withdrawn, a whole generation unable to buy a home, a fearful outlook for energy, trains being the most expensive in the developed world. Though government debt is bad enough, it is dwarfed by household debt that has reached the equivalent of ten years' worth of income tax revenue. And people blame politicians.
This book shows how the problems lie deeper than this or that policy, being caused by a faulty money system ensuring that any economic growth is accompanied by yet more debt. It is not party-political. It shows how both government and personal debt can be drastically reduced, how welfare and infrastructure can be afforded, how inflation can be avoided and how sterling can become the most stable currency in the world. It is written in thorough detail both for economists and lay people. I am left with a feeling of hope. And it is a MUST read for all decision makers.