Paper Money Collapse

In Paper Money Collapse, Detlev Schlichter explains the fundamentals of money, fractional-reserve banking, and the distorting effects of central bank money injections on credit markets and price levels.

Drawing on Austrian monetary theory and historical examples of state paper money failures, the book outlines how the current system of unlimited fiat money production creates instabilities and predicts its eventual breakdown, advocating a return to sound commodity money.