书目名称 | Reconsidering the Privileged Powers of Banks | 副标题 | Foundations of Sover | 编辑 | Kozo Torasan Mayumi,Ansel Renner | 视频video | | 概述 | Questioning the privileged powers of banks can create money out of nothing and obtain interest payments over time.Proposing a completely new foundation of money, wealth and real capital for sustainabl | 图书封面 |  | 描述 | .This book explores the privileged powers commercial banks hold, namely, their ability to create money out of nothing and then have that money grow in tune with a positive interest rate. Said powers defy, in an unnatural sense, the first and second laws of thermodynamics. The necessity of understanding the dual natures of money, wealth, and real capital, or, put differently, the reality that these three entities are simultaneously individual affluence and collective biophysical debt, is emphasized. The book culminates by proposing completely new foundations of money, wealth, and real capital for any society on a pathway of responsible development.. | 出版日期 | Book 2023 | 关键词 | financial stability; finance and politics; banking; reserve currency; sustainability | 版次 | 1 | doi | https://doi.org/10.1007/978-981-99-6058-3 | isbn_softcover | 978-981-99-6060-6 | isbn_ebook | 978-981-99-6058-3 | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapor |
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