Description: Money, by its very nature, is a claim to wealth, and people hold money, the equivalent of a receipt for holding wealth. What is wealth? What form of wealth is used to issue money as collateral determines the nature of the currency. The most widely accepted form of wealth is currency. Wealth, but also currency, is the fruit of human labour. The commodity property of the commons is, in essence, the property of labour. Over the 5,000 years of human civilization, more than 2,000 commodities have taken on the role of currency, and the market has evolved to phase out other currencies, eventually choosing gold and silver as the ultimate representatives of wealth. No matter what region, no matter what civilization, no matter what religion, gold and silver formed the currency as the most widely accepted form of wealth. The gold and silver at this time is both the claim to wealth and the wealth itself. Even though people have gradually forgotten the gold behind the paper money receipts in the long process of being brainwashed, gold, after all, restricts the over-issuance of receipts, because when there are too many receipts, sooner or later people will be interested in the gold that these receipts can claim. Bankers, as the rule makers of the money game, did not like gold as collateral for paper money, either because it was not enough to satisfy the inflation of paper money desires, or because it did not generate interest income. The idea that bankers would prefer to replace gold with an asset that would never run out and would be viable is a tempting one, and after 1971, the demonetization of gold was in fact an unequal treaty unilaterally imposed on others by the rule-makers of the money game. Thus, we were introduced to an entirely new form of money: sovereign credit money. Product details Publisher : Omnia Veritas Ltd Language : English Paperback : 366 pages ISBN-10 : 1913890589 ISBN-13 : 978-1913890582 Item Weight : 1.08 pounds Dimensions : 6 x 0.76 x 9 inches SHIPPING Shipping All items fast and secure. The majority of orders are shipped using USPS Priority Mail and UPS Ground if requested. There is an option at checkout to add a Signature of Delivery for extra security & peace of mind. This means you need to sign for your parcel. If you are not home, the courier will take it to your local post office for collection. We also offer expedited shipments upon request, we will quote the shipment and let you know of the estimated cost. If agreed we will process the order and add the shipping charge to your invoice. All items ordered by 3 PM EST will be shipped same day. We also are partnered with Ebay using the Global Shipping Program. We will ship internationally to any country that is a part of the program. 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Price: 29.95 USD
Location: Chambersburg, PA
End Time: 2025-02-05T14:24:58.000Z
Shipping Cost: 6 USD
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Item Specifics
Restocking Fee: No
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money back or replacement (buyer's choice)
Original Language: English
Unit Quantity: 1
ISBN: 1913890589
Book Title: Currency Wars I : Currency Warfare
Item Length: 9in
Item Height: 0.8in
Item Width: 6in
Author: Song Hongbing
Format: Trade Paperback
Language: English
Topic: Banks & Banking, Finance / General, General
Publisher: Omnia Veritas The Limited
Publication Year: 2021
Genre: Business & Economics, History
Item Weight: 17.3 Oz
Number of Pages: 366 Pages