Paper Money Collapse
The Folly of Elastic Money
Detlev S. Schlichter
The book critically examines the modern financial system, particularly the use of fiat currency and the practice of expanding and contracting the money supply, arguing that such "elastic" monetary policies are inherently unstable and lead to economic distortions and crises. It advocates for a return to a more stable and sustainable monetary system, such as a commodity-based currency, to prevent future financial collapses.
See full summary
