Derryl Hermanutz


Derryl Hermanutz is an independent researcher and writer.

Where to buy in print


The Road to Debt Bondage: How Banks Create Unpayable Debt
Price: Free! Words: 31,840. Language: English. Published: September 5, 2018. Categories: Nonfiction » Business & Economics » Money & monetary policy
This book describes how the commercial banks' debt-based "repayable bank loan and bond purchase" money supply creation system works; and why it fails; and how government issuance of debt-free (non-repayable) money can prevent banking system failure that is historically resolved by writing off our 'money in the bank' - which the debt-for-equity swaps (depositor bail-ins) legislation plans to do.

Derryl Hermanutz's tag cloud

bank deposits    bank reserves    banks    credit    currency    debt    financial    monetary    money    money system   

Smashwords book reviews by Derryl Hermanutz

  • Defense Against the Psychopath on May 30, 2013
    (no rating)
    A very concise presentation of psychopathy. Well worth the short time it takes to read it.