RUBIN SHARMA, KEN HONDA, BILL PERKINS ON MONEY NEW UNDERSTANDINGS AT THE BEGINNING OF THE XXI CENTURY Cover Image

RUBIN ŠARMA, KEN HONDA, BIL PERKINS O NOVCU NOVA SHVATANJA NA POČETKU XXI VEKA
RUBIN SHARMA, KEN HONDA, BILL PERKINS ON MONEY NEW UNDERSTANDINGS AT THE BEGINNING OF THE XXI CENTURY

Author(s): Jelena Lutovac, Mirjana Orašanin, Vanja Ćosović
Subject(s): Economy, National Economy, Supranational / Global Economy, Financial Markets
Published by: HESPERIAedu
Keywords: FED; European Central Bank; liberalisation; BRICS; money; wealth; life

Summary/Abstract: In this rather unusual text, money is viewed, as rarely before, from a completely different perspective than we are accustomed to, as regards its business functions. The introduction provides a brief retrospective of the role of money, which, aside from its many important functions for the economy and citizens, has in the past 100 years contributed to increasingly severe and prolonged crises, and even wars, primarily due to the desire of a certain small percentage of capitalists with enormous wealth to dominate the world. The text also highlights the main instigators of these crises, primarily the American FED, whose primary shareholders are the largest American banks and the European Central Bank, which issues money without sufficient backing, thereby creating inflation they “export” to the entire world and thus collecting “currency rent” for issued dollars and euros. During the 1990s, intense liberalization, deregulation, and privatization, combined with the absolute freedom of movement for goods, services, capital, and people, led to the loss of sovereignty in countries in transition, including our own. At the beginning of the 21st century, certain authors from both the East and the West started publishing books in which money is not the goal for excessive wealth accumulation but rather a means for a comfortable and long life. The authors of these books, in their sixties, are from Japan, America, and Canada, and we are confident that you will find their approach to money highly appealing.

  • Issue Year: 2024
  • Issue No: 1
  • Page Range: 224-238
  • Page Count: 15
  • Language: Serbian
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