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The Scandal of Money

Why Wall Street Recovers but the Economy Never DoesGeorge Gilder

As famed economist and New York Times bestselling author George Gilder points out, “despite multi-billion dollar stimulus packages and near-zero interest rates, Wall Street recovers but the economy never does.”

In his groundbreaking new book, The Scandal of Money, Gilder unveils a radical new explanation for our economic woes.  Gilder also exposes the corruption of the Federal Reserve, Washington power-brokers, and Wall Street’s “too-big-to-fail” megabanks, detailing how a small cabal of elites have manipulated currencies and crises to stifle economic growth and crush the middle class.

Gilder spares no one in his devastating attack on politicians’ economic policies.  He claims that the Democrats will steer us to ruin — but points out that Republicans are also woefully misguided on how to salvage our economic future.  With all major polls showing that voters rank the economy as one of the top three “most important problems” facing the nation, Gilder’s myth-busting, paradigm-shifting recipe for economic growth could not come at a more critical time.

In The Scandal of Money, the reader will learn:

  • Who is to blame for the economic crippling of America
  • How the new titans of Wall Street value volatility over profitability
  • Why China is winning and we are losing
  • Who the real 1% is and how they are crushing the middle class
  • The hidden dangers of a cashless society
  • What Republicans need to do to win the economic debate — and what the Democrats are doing to make things worse

Plaudits

Why do we think governments know how to create money? They don’t. George Gilder shows that money is time, and time is real. He is our best guide to our most fundamental economic problem.

Peter Thiel, founder of PayPal and Palantir Technologies

Thirty-five years ago, George Gilder wrote Wealth and Poverty, the bible of the Reagan Revolution. With The Scandal of Money he may have written the road map to the next big boom.

Arthur B. Laffer, coauthor of the New York Times bestseller An Inquiry into the Nature and Causes of the Wealth of States

Gilder pushes us to think about the government monopoly on money and makes a strong case against it. If you believe in economic freedom, you should read this book.

Senator Jim DeMint, president of The Heritage Foundation

George Gilder’s brilliant The Scandal of Money will outlast the Federal Reserve.

James Grant, Grant’s Interest Rate Observer 

Science is prediction, which means economists should go the way of astrologers. Instead they give each other Nobel Prizes. Then George Gilder comes out with another wonderful book explaining our economic predicament using his information theory. Suddenly it’s clear again what to do.

Bob Metcalfe, University of Texas, inventor of Ethernet 

Whether you agree or disagree with his controversial call for currencies outside of government control (gold, bitcoin), this is one of the most important new books of the year.

Larry Kudlow, CNBC Senior Contributor, nationally syndicated radio host

George Gilder

Senior Fellow and Co-Founder of Discovery Institute
George Gilder  is Chairman of Gilder Publishing LLC, located in Great Barrington, Massachusetts. A co-founder of Discovery Institute, Mr. Gilder is a Senior Fellow of the Center on Wealth, Poverty, and Morality, and also directs Discovery's Technology and Democracy Project. His latest book, Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy(2018), Gilder waves goodbye to today's Internet.  In a rocketing journey into the very near-future, he argues that Silicon Valley, long dominated by a few giants, faces a “great unbundling,” which will disperse computer power and commerce and transform the economy and the Internet.