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Modern money and unemployment and the law of barter

By: Material type: TextTextPublication details: London; W. H. Allen; 1964Description: 133 pSubject(s): DDC classification:
  • 332.4 Ost
Summary: 1. This book introduces a Law of Barter. Modern money is a natural development in a vast complex society, but there is a flaw in modern money which may break across the Law of Barter. 2. You will discover during perusal of this book that if the Law of Barter is broken not only unemployment ensues but progressive unemployment. 3. You may be surprised to find that the simple act of saving money-the act of not constructively investing money-leads rapidly to progressive unemployment. 4. You may also be surprised to learn that a capitalist nation consists of two nations, whereas a communist nation is one nation. 5. You may be interested to learn that, as a consequence of this, a deficit budget becomes a necessity. 6. You will probably be pleased to hear that a capitalist government may be able to avoid becoming a huge employer of labour, but only if interest rates are kept at the irreducible minimum. 7. The majority of nations have been hoping to find a means of increasing world currency liquidity. Herein a new unit of International currency is proposed which may provide a solution to this unique and pressing problem. 8. At the end of the book you will see various passages comparing the Ostrer and Keynes theories of 1932 and 1936 respectively.
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1. This book introduces a Law of Barter. Modern money is a natural development in a vast complex society, but there is a flaw in modern money which may break across the Law of Barter.

2. You will discover during perusal of this book that if the Law of Barter is broken not only unemployment ensues but progressive unemployment.
3. You may be surprised to find that the simple act of saving money-the act of not constructively investing money-leads rapidly to progressive unemployment.

4. You may also be surprised to learn that a capitalist nation consists of two nations, whereas a communist nation is one nation.

5. You may be interested to learn that, as a consequence of this, a deficit budget becomes a necessity.

6. You will probably be pleased to hear that a capitalist government may be able to avoid becoming a huge employer of labour, but only if interest rates are kept at the irreducible minimum.

7. The majority of nations have been hoping to find a means of increasing world currency liquidity. Herein a new unit of International currency is proposed which may provide a solution to this unique and pressing problem.

8. At the end of the book you will see various passages comparing the Ostrer and Keynes theories of 1932 and 1936 respectively.

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