Author Description

Karl Marx predicted the collapse of capitalism but his prophecy failed. Is he now smiling in his grave? Poor economic growth, high unemployment (almost 40 million unemployed in developed countries), rising inequality and the flight of the electorate to abstention or to populist candidates, constitute a significant challenge. The future of capitalist or social democratic regimes will have to involve the creation of money to stimulate the global demand for goods and services. Without any prospects for stronger consumption growth artificially stimulated by the creation of money, there won't be enough investment. And without sufficient consumption and investment, we can go into a recessionary and deflationary spiral of serious proportions. Not all problems have solutions. But the lack of demand for goods and services always has a solution: money creation. With rules, distribution of benefits and without inflation. See how this can be done in this book.