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Part 1 is a tutorial on basic economics, covering wealth, money, prices, capital, rent, labor, economic expansions and contractions, inequality, debt, credit, monetary inflation, and national debt. It details the causes and consequences of monetary inflation, and the role of central banks contributing to it. Part 2 contains a complete financial and economic history of the U. S. from 1775 to 2020, based on official reports from the U. S. Treasury, the Comptroller of the Currency, and Federal Reserve Bulletins, including:a) Growth and nature of the money supply;b) The various banking systems (First & Second Banks of the U. S., State-chartered Banks, the National Banking System, and the Federal Reserve);c) U. S. Government revenues and expenditures;d) U. S. national debt;e) Coinage;f) Banking system condition statements;g) CPI and median income from 1800 to 2020, along with a "standard of living index"; andh) A description of significant monetary and financial legislation since the adoption of the Constitution. This book also is available for free download in pdf format at the Fremont Valley Books website.
This book contains a wide variety of relevant historical commentaries, including: the history of the American Revolution, Defects of the Articles of Confederation, the "three-fifths rule", the failed Continental and assignat currencies, the U. S. national debt, financial condition of Social Security, gun control, immigration reform, the open border policy, the welfare system, the IRS, Black Lives Matter, ANTIFA, and many more.
Congratulations to all the recent high school and college graduates. But your education is not yet complete, since what you learned in your courses probably did not prepare you entirely for your post-school lifetime. This book presents 101 practical and insightful questions (and answers) that will partly complete your education and help you transition from the academic environment to the real world.
Abonner på vårt nyhetsbrev og få rabatter og inspirasjon til din neste leseopplevelse.
Ved å abonnere godtar du vår personvernerklæring.