Monetary Revolution: A Primer

Monetary Revolution: A Primer

By Randolph M. BaggettNewsPolitics
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Monetary Revolution: A Primer episodes

  • Preface: The Backstory

    This introductory episode offers an overview of the author's decades-long intellectual journey, which began during a prison sentence and was unexpectedly influenced by radical ideas from the Militia Movement of the 1990s. The author recounts being confused by the concept of "money creation" in banking economics, particularly how debt increases the money supply via the multiplier effect. This led him to the alternative economic concept of sovereign currency, which posits that governments can fund operations by simply issuing money, making taxation unnecessary for funding. The author then introduces the proposed solution to sovereign currency's inherent inflationary risk: demurrage currency, a concept where money systematically devalues or expires over time to control the volume of currency in circulation. Ultimately, the foreword states that the book will present this combination—sovereign currency regulated by demurrage—as a non-violent, necessary monetary reform that addresses current economic anxieties across generations


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    14 min
  • Chapter 1 - The Gathering Storm: Why This Time Is Differ

    Chapter 1 - The Gathering Storm: Why This Time Is Different explores the unprecedented convergence of AI, robotics, quantum computing, and abundant energy—a "technological hurricane" that will eliminate 47% of jobs within decades. This chapter demonstrates why traditional retraining, protectionism, and market solutions will fail, and why our current economic models are fundamentally obsolete for an age of machine-driven abundance.


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    15 min

About Monetary Revolution: A Primer

From the publisher's feed

What if we don't have to choose between healthcare and education? What if the "national debt" doesn't matter? What if the government can't actually go broke? Learn how our government could use debt-free currency as we review this easily understandable book on economics.