Modern history

The Money Revolution: How to Finance the Next American Century

The Money Revolution: How to Finance the Next American Century

In The Money Revolution: How to Finance the Next American Century, economist and bestselling author Richard Duncan lays out a farsighted strategy to maximize the United States' unmatched financial and technological potential. In compelling fashion, the author shows that the United States can and should invest in the industries and technologies of the future on an unprecedented scale in order to ignite a new technological revolution that would cement the country's geopolitical preeminence, greatly enhance human well-being, and create unimaginable wealth. In this book, you will find: an important new history of the Federal Reserve that details the transformation of the country's central bank from the passive lender of last resort created by its founders in 1913 into the world's most powerful economic institution today; a fascinating discussion of the evolution of money and monetary policy in the United States over the past century; an examination of the role that credit has played in generating economic growth; a detailed description of the country's capital structure and its dangerous deficiencies; and an urgent call-to-action for the United States to begin a multi-trillion-dollar investment program targeting industries of the future.

The Money Revolution is an engaging listen that is ideal for anyone interested in the future of the United States.

Introduction

Part I: Money

Chapter 1. The Power of the Fed

Chapter 2. 1914 to 1920: World War I

Chapter 3. 1920 to 1930: After the War

Chapter 4. 1930 to 1941: The Great Depression

Chapter 5. 1941 to 1945: World War II

Chapter 6. 1945 to 1971: The Bretton Woods Era

Chapter 7. 1971 to 2007: After Gold

Part II: Credit

Chapter 8. Credit Creation by the Banking System

Chapter 9. Credit Creation by the Financial Sector

Chapter 10. Credit Creation by ForeignCentral Banks

Chapter 11. Creditism

Chapter 12. 2007 to 2016: Crisis and Response

Chapter 13. Creditism Between the Crises

Chapter 14. Pandemic

Chapter 15. Inflation

Part III: The Future

Chapter 16. America Must Invest

Chapter 17. Inadequate Investment

Chapter 18. R&D: The Future Depends on It

Chapter 19. America Can Afford to Invest

Chapter 20. Monetize the Debt

Chapter 21. An Investment Revolution

Bibliography

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