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The Scandal of Money

224 pages, 2016

economics & politics

economics & politics

987 books
business & management

business & management

1082 books
money & investing

money & investing

165 books
Takeaways
Description

As economist and New York Times bestselling author George Gilder points out, “despite multi-billion dollar stimulus packages and near-zero interest rates, Wall Street recovers, but the economy never does.”

The Flawed Monetary System

In The Scandal of Money, George Gilder explores the flaws in our current monetary system. He argues that the system is manipulated by the government and big banks, which leads to economic inequality and stagnation. It's a fascinating look into the world of finance that will make you question the way things are done.

The Power of Information Theory

Gilder introduces the concept of information theory in economics. He suggests that money is not just a medium of exchange but also a carrier of information. This idea can change the way you see the role of money in the economy. It's a fresh perspective that's worth checking out.

The Need for a New Gold Standard

Gilder argues for a return to the gold standard. He believes that this would provide a stable measure of value, unlike our current system which is subject to manipulation. If you're interested in economic stability, you'll find his arguments compelling.

The Impact of Technology on Money

The Scandal of Money also explores the impact of technology on money. Gilder suggests that cryptocurrencies like Bitcoin could be the future of finance. He sees them as a way to democratize money and reduce government control. If you're curious about the future of money, this book is a must-read.

The Solution to Economic Inequality

Gilder doesn't just criticize the current system, he also offers solutions. He believes that by fixing the monetary system, we can reduce economic inequality and boost growth. If you're looking for ways to make a difference in the world, this book will give you plenty to think about.

Quotes 3

George Gilder's The Scandal of Money is a must-read for anyone who wants to understand how our current financial system is failing us and what we can do about it.

Steve ForbesSteve Forbes - Publishing executive

The Scandal of Money is a brilliant and essential book. George Gilder shows us a way out of our current economic crisis.

Peter ThielPeter Thiel - Entrepreneur, Investor

George Gilder's The Scandal of Money is a game-changer. It's time for a new conversation about money and this book provides the framework for it.

Mark SkousenMark Skousen - Economist, Author
Steve ForbesPeter ThielMark Skousen

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