The Monetary System (ePub)

A groundbreaking work that paves the way for a new, pro-active
financial system

With The Monetary System, innovative author pairing
Jean-Francois Serval and Jean-Pascal Tranie devise a comprehensive
economic modeling system that accounts for the unprecedented
situation facing international and regional economies by developing
a controversial new stance on the operation of money in society.
Presenting a classification of financial instruments with a view
toward their underlying legal structures, the book sheds new light
on the present economic and financial problems of slow growth and
rising debts, and proposes possible outcomes for the global
economy.

The authors have already gained international attention with
their novel approach to currency, and now they turn their attention
to the social function of money in all its myriad forms. The book
provides a way forward in an era of increased life expectancy and
other new social patterns and the social role of money provides a
framework for understanding intergenerational
redistribution--an urgently pressing task in our time.

* New aggregate financial categories and economic modeling reveal
a possible foundation for increased financial stability

* Companion website includes key mathematical models, accounting
standards, and PowerPoint slides

* Comprehensive theoretical underpinning presents the
contemporary model of money as a social contract

* Insights into the current economic situation make sense of
sovereign debt risk in markets around the world

With questions and answers at the end of each chapter, The
Monetary System will help you form a new conception of the role
of money in society. Improved regulation and tax policies are
needed to stabilize the global economy, and this book provides the
framework for getting there.