Wealth, Virtual Wealth and Debt: The Solution of the Economic Paradox

Wealth, Virtual Wealth and Debt: The Solution of the Economic Paradox

Wealth, Virtual Wealth and Debt: The Solution of the Economic Paradox

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1 thought on “Wealth, Virtual Wealth and Debt: The Solution of the Economic Paradox

  1. 5 of 5 people found the following review helpful
    5.0 out of 5 stars
    Radioactive stuff, 28 Oct. 2012
    By 

    Verified Purchase(What is this?)
    This book, written by a Nobel Laureate chemist in 1926, is just mind-blowing. I started with little interest in economics, but concern after the 2008 crash, having read a Telegraph
    article by ex con Darius Guppy, who had been in prison with a counterfeiter.

    Soddy makes scientific sense of the subject, and exposes the scandal of the private banks being in control of the money-supply, and the misconceptions held by the public and so-called experts in economics. 1926 is a long time ago, yet this book describes perfectly what goes on today. The irony is not lost on Soddy that it took a chemist to make scientific sense of economics. When you have finished, get a copy of `Where does Money come from?`published by the new economics foundation, and then a copy (or download) of the IMF working paper, `The Chicago Plan Revisited` by Jaromir Benes and Michael Kumhof.

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