Monetary Reform
The Beginning of True Social Reform
![[Image: © Book Cover for Monetary Refor.]](../images/mr_cover.jpg)
A study of that contentious topic, monetary theory. I believe that no meaningful social reforms are possible until a significant number of people understand the concept of money.
Most people stumble on this topic because they believe currencies are symbols of wealth. They are not. Currencies are symbols of debt, representing unfinished exchanges of wealth. However, unlike wealth, with respect to human life spans currencies are not subject to decay. That more or less explains their tremendous attraction as future claims on wealth. Understanding monetary theory is futile unless one understands that currencies are not symbols of wealth but only claim checks on future wealth.
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Notice: This book is an unfinished project. I need peer reviews before publishing and I am still accepting help with reviewing the book.
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Although some parts of this book are more polished than others, this work is a draft, a work in progress. Also, I try to keep the copy at my web site synchronized with my primary copy, but what is posted here at this web site is not necessarily the latest revision. Thus, be happy to help editorially, but my primary reason for posting a draft is to receive constructive commentary from sincere people like you. The professional editing stage is always at the end of such a project.
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Legal Notice
Published by Darrell Anderson
© Copyright 2006 by Darrell Anderson
All rights reserved
First Edition 2006
ISBN: None
Library of Congress Card Catalog Number: None
No part of this book may be reproduced without permission from the author or publisher. No part of this book may be reproduced, stored in a retrieval system or copied by mechanical photocopying, recording or other means, without permission from the author or publisher.
Dedication
To Harvey. Your theory of money is the only one that makes sense. I miss you dearly my friend.
Appendix A. The Flow of Wealth