ISBN: 9780243250929 - Mutual Banking: Showing the Radical Deficiency of the Present Circulating Medium and the Advantages of a Free Currency (classic Reprint) (3 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book presents a comprehensive analysis of usury, the practice of lending money at exorbitant interest rates, throughout history. The author argues that usury is a systemic problem rooted in the artificial value created by the use of gold and silver as currency. This value, he contends, allows lenders to charge excessive interest rates, leading to the exploitation of borrowers and the concentration of wealth in the hands of a few. The author proposes a solution to this problem by advocating for a currency system based on real property. This system, he believes, would eliminate the artificial value associated with gold and silver and make usury impossible. The book's insights offer a valuable perspective on the history and consequences of usury, making it an essential read for anyone interested in economics, finance, or social justice. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…