The Role Of Money

Download or read book The Role Of Money written by Frederick Soddy and published by Read Books Ltd. This book was released on 2011-03-23 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to clear up the mystery of money in its social aspect. With the monetary system of the whole world in chaos, this mystery has never been so carefully fostered as it is to-day. And this is all the more curious inasmuch as there is not the slightest reason for this mystery. This book will show what money now is, what it does, and what it should do. From this will emerge the recognition of what has always been the true rôle of money. The standpoint from which most books on modern money are written has been reversed. In this book the subject is not treated from the point of view of the bankers—as those are called who create by far the greater proportion of money—but from that of the PUBLIC, who at present have to give up valuable goods and services to the bankers in return for the money that they have so cleverly created and create. This, surely, is what the public really wants to know about money.