In The Financial System Limit, British investment manager David Kauders FRSA puts forward three radical theories which together show that Keynesian economics has gradually turned from a benefit to society, into a damaging scheme. Other economic policies are also not addressing the fundamental problem, which is the world’s inability to afford private sector debts already created.
The author challenges the existing academic and political consensus about how economies should be managed. The old arguments about sound money versus stimulus, as well as contemporary arguments that governments controlling their own currency can create as much credit as they wish, are fundamentally inappropriate to a world in which private sector debt far exceeds public debt and carries a higher, rising, interest cost.
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There are three printed editions:
Australia: 22 February 2021
Paperback AUD 20 incl. GST, also available outside US/UK USD 14
United States: 24 May 2021
United Kingdom: 23 August 2021
This edition will be subtitled: Britain's real debt burden
Global e-book 9781907230776 available now