The End of Finance (audiobook, unabridged)

It is my pleasure to offer you this seminal book in audio format, and my tribute to the authors. It cuts to the root of the linguistic, semantic and structural paradoxes not only of modern fiat money, but its several 'paradigm-of-liquidity' precedents; and reminds us of Keynes' genius in showing us a way towards a stable financial system.

Introduction

Download (6MB)

Section 1: Phenomenology

01 Do we know what the financial markets are
02 Liquidity and Risk
03 What is credit
04 What is money
05 Finance starting from the end
06 Capitalism and debt: a matter of life and death
Download (34MB)

Section 2: History

01 From credit risk to liquidity risk (2008)
02 The globalisation of capital (1973)
03 Fiat Dollar (1971)
04 The Eurodollar Chimera (1958)
05 The European Payments Union (1950)
06 Bretton Woods: The Plan (1944)
07 Bretton Woods: The system that found implementation (1944)
08 The standard crisis (1929)
09 Orchestra rehearsal - the international gold standards and the dissolution of gold (1871)
10 Money before and after the gold standard (1717)
11 The invention of central banking (1694)
12 The international currency of the trade fairs (1533)
Download (92MB)

Section 3: Politics

01 Double or quits
02 The way out of liquidity: Gordian knot and Utopia
03 Prevention or cure? The structural paradox
04 Another Finance
05 The (rare) 'green shoots' of a possible reform
06 If not now, when?
Download (45MB)

Matthew, thanks for calling

Matthew, thanks for calling attention to what appears to be an important book, and for your excellent reading of the introduction. You have prompted me to take a closer look at the work of Amato and Fantacci. Among their important points is one that I have been trying to convey with regard to currency, that settlement must be possible from the outset, i.e., money has a beginning and an ending, it must be created and then extinguished once it has completed its job of facilitating exchange. A currency is a virtual representation of the value inherent in goods and services that are on the market ready to be sold.

I think finance is an

I think finance is an enslavement tool.I also think there is absolute control of the economy by central banks and that the 2007 crisis was a creation to shift wealth and more consolidate banking. I fail to understand why people don't place the economy into there own hands. If the means of production is the individual why can not a group of individuals be an economy into itself.

If the creation pf money is in the hands of of a group of individuals and who and what they do is secret. Why would any economic have any value to those not part of this cabal?

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