Modern money having now become a key tool of government economic policy and a source of
massive tax revenues has strayed far from its original purpose. This is doubly regrettable as
the better money functions at an individual level in satisfying demand for quality the better
it is for economic prosperity and freedom. This book presents how modern money works both in
the domestic economy and globally outlining the essence of what makes good money. How does
modern money differ from this ideal? By focusing on the dichotomy between globalization on the
one hand and modern money's base in the nation state (or group of states) on the other hand
the book demonstrates how US dominance in determining monetary conditions globally has grown
since the mid-1990s. The book then discusses the adverse consequences many of which are
camouflaged of present money doctrines now so widely and radically applied presenting novel
research on how the US by pursuing bad monetary policies has been the catalyst to deepening
geo-political danger. The book continues by setting out how the illusions of asset inflation
will fade most likely in the midst of economic and financial tumult. The forces which bring
about that income emanate in part from the long-run costs of growing mal-investment and
monopolization which occur under monetary inflation especially in the context of a
digitalization revolution. Apologists for the present monetary regime rest much of their case
on these illusions and on the contention that the bill for the costs comes only in the long
run. This book dismantles that case. A Guide to Good Money provides readers with the sight of a
pathway to a promised land of real prosperity founded on sound money beyond those lost
illusions and will be of interest to academics students practitioners and central bankers.
