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. |  Public web page Trade information | There will be three printed editions, as follows: Australia: 22 February 2021 Paperback AUD 20 incl. GST 9781907230783 United States: 24 May 2021 Hardcover $20 9781907230769 United Kingdom: 23 August 2021 Hardcover £16 9781907230790 Global e-book 9781907230776 |