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An Untold World

An Untold World


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About the Book

Are we being led, or misled, by our national leaders? By pointing out the simple fact that price is never a part of exchange (its object and money are), author Chen Z X takes on economics. With his forward-thinking understanding, he shows that the "emperors" in the field-Adam Smith, John Maynard Keynes, and Milton Friedman-have no clothes. None of their works can be used for explaining any of the economic issues troubling modern societies. Based on the theories and models developed by economists, Chen concludes that governments have been conjuring up an illusion that economic policies are useful. In An Untold World, the author laboriously explains everything about the most remarkable object in the development of civilization. He indeed uncovers the Golden Rule for the modern world to stay free of banking crises. Banks have to acquire sound assets so that when they write them off in their books, no one's money-as bank liabilities-will vanish into thin air. He identifies this crucial role of banks the completion of the "banking cycle." All is fair game for Chen Z X's insightful and analytical eye. He searches for the common factors among the various problems facing today's world, whether economic, financial, social, political, or environmental, showing that these issues all originate from one source. Unless the culprit is clearly singled out, then tackling our problems is, at best, to sweep them under the carpet. Chen explores what truly lies ahead for humankind. While national leaders continue to paint bright pictures for the world's citizens, he warns, each human generation is bequeathing the next with an ever-deteriorating legacy.


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Product Details
  • ISBN-13: 9781508965732
  • Publisher: Createspace
  • Publisher Imprint: Createspace
  • Height: 229 mm
  • No of Pages: 162
  • Spine Width: 9 mm
  • Width: 152 mm
  • ISBN-10: 1508965730
  • Publisher Date: 16 Apr 2015
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 227 gr


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