Detlev S. Schlichter. · Rating details · 85 ratings · 7 reviews. The case for the inevitable failure of a paper money economy and what that means for the future. Paper Money Collapse: The Folly of Elastic Money [Detlev S. Schlichter, Thomas Mayer] on *FREE* shipping on qualifying offers. Explore the. Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown [Detlev S. Schlichter, John Lee] on *FREE* shipping on .

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Arif Rahman Hakim rated it it was ok Oct 13, It is what allows the US to keep running deficits, while other countries like Greece and Iceland are forced to live within their means. Learn how to buy gold in minutes… See pricing.

While the logic is sound, and I agree with its premise “in most cases”, what the book fails to address is what happens if EVERYONE agrees to partake in an elastic money scheme. However, in that same section, when talking about money pumping by central banks vs. For monsy of us who were taught economics from a Keynesian mind set, this chapter is particularly enlightening.

It’s hard not to agree with Schlichter – the end of elastic money, one way or another, is coming. collspse

Hardcoverpages. Aug 11, James Yee rated it really liked it Shelves: For many amongst us we believe money is in existence due to authorities issuing it.

Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown

Aditya Jandial rated it really liked it Nov 09, How about widgets, at least? Want paoer Read saving…. We believe it will gain even more attention over the next year. She has appeared on news channels including Russia Today to discuss the gold price and gold investing. By looking at the historical perspective on price detleev stability Mr Schlichter explains the extreme inflationary tendencies of the paper money system and the price level.


Peter Mottola rated it liked it. Investigating the paper gold market. Jan first became interested in precious metals and sound money when she met Ned Naylor-Leyland whilst working alongside him in the summer of The Content The book is split into five parts.

One of the easier reads that lays out the case for commodity-backed inelastic money. Most humans would still go off nominal valuations until the changes got large or frequent. When it was announced that Andrew Jackson would be taken off the twenty dollar bill, social media pundits began to remark on the irony of his being on a bill in the first place, given his hatred of paper money.

If you want to understand why and how money functions, from its basic origins as a replacement system for barter to modern banking, this would not be a bad place to start.

Drawing upon novel new research, “Paper Money Collapse” conclusively illustrates why paper money systems–those based on an e.

Data included here within may already be out of date. Mr Schlichter is a German born author who has spent over 20 years working in finance.


The state derives substantial benefits from the money franchise, and so does the financial industry…a timely return to hard money can almost be ruled out. Duncan Berry rated it liked it Apr 27, Join newsletter Join our fortnightly collapss to get all our commentary delivered to you.

May 12, Fergus Moffat rated it it was amazing.

Paper Money Collapse – Detlev Schlicter | Gold Investment | Gold Money

Feb 22, Mike rated it liked it. Timeless I particularly appreciated how timeless the book is. There are no discussion topics on this book yet. To see what your friends thought of this book, please sign up. Schlichter uses a valid educational approach of layering. It has, up until very recently, always been chosen by the people and for the great majority of history they always chose a commodity.

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Is gold a safe haven? You can see our interview with him here. As stated throughout the book, Mr Schlichter sees a return to commodity money as a necessity.

As a historian this conclusion did not surprise me, since it closely parallels what happened to the economy of the western Roman Empire at the time of its decline and fall something the author, unfortunately in my view, does not point out.

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