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Book details
  • Genre:BUSINESS & ECONOMICS
  • SubGenre:Banks & Banking
  • Language:English
  • Pages:176
  • Paperback ISBN:9798990671805

Purchasing Power Grand Design of the Centuries

And How We Will Shape the Things to Come

by Benjamin Gisin

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Overview

Purchasing Power, Grand Design of the Centuries
A Guide & Reference for American’s Prosperity

     Unusual as it may sound, limits to prosperity for the nation and its peoples exist within the procedures of the nation’s system of finance. As a trained bank credit approval officer, consultant and now author, the financial system has design challenges. Let me explain.
     Centuries ago, the world evolved away from the “exchange” limits of precious metal coins to money-less Purchasing Power processes. These processes were an improvement over gold’s limits, but could not escape their own design limits that would manifest more robustly in this century.
     Purchasing Power processes have direct relevance to efforts aimed at improving standards of living and prosperity for Americans living in the “B” economy. The “B” economy is characterized by tens of millions of low wage workers, along with businesses and farms having expenses over revenues. These insufficiently paid economic players subsidize, and help make affordable, the output of the world’s largest economy.
     To address the needs of people finding themselves in the “B” economy, government provides subsidies. In turn, government must subsidize itself through deficit spending. This subsidy paradox is the first indicator of issues at the core level of finance where Purchasing Power is invoked, distributed and extinguished.
     The “B” economy came to the national stage 50 years ago when food banking and government had to expand the subsidy paradox. The lack of recognition of financial system design shortcomings are due in part to beliefs that we still operate on money and money has no design limits, neither if which are true.
     Welcome to the book “Purchasing Power, Grand Design of the Centuries.” Written in layperson’s language with ample illustrations, this guide and reference lays out the mechanics of Purchasing Power processes that replaced money. Any citizen, policymaker, and thought leader that understands Purchasing Power processes has a scepter of power and knowledge for constructively helping Americans. You are invited to take the challenge to understand and lead. America and the world need you!


Description

The Nation’s system of finance is one of Purchasing Power processes that replaced gold and coins starting four hundred years ago. What emerged were collateralized processes designed by financiers to go beyond gold. Gold’s scarcity failed to provide sufficient “exchange” capacity for an industrial world with growing populations.
     Purchasing Power is a system of processes that invoke, distribute and extinguish Purchasing Power. The Grand Design of the Centuries is the Financial Operating System that represents the full architecture of Purchasing Power processes. These processes are anchored in the arts of credit wherein every dollar of Purchasing Power is born out of a transaction involving two offsetting debts.
     Purchasing Power processes, having made tremendous strides for the nation’s physical wealth, are showing signs of being overwhelmed. The Purchasing Power processes, created by our predecessors, were never designed to handle all cash flow needs for productivity, productivity’s distribution, repayment of debt, and investment returns. These demands have expanded dramatically since the 1950s.
     Signs of Purchasing Power’s shortfalls are reflected in the economics and finances of the nation and its peoples. A popular explanation for the shortfalls is poor financial management by people, businesses and governmental bodies. This explanation is akin to blaming a child for not tying their shoes properly when given shoelaces that are too short. This is the paradox of the national debt and global poverty.
     A great blessing is bestowed when Purchasing Power processes are understood for their constructive aspects and where they could reach further. The book, as a guide and ongoing reference, helps dispel misinterpretations of what is, to achieve a higher financial consciousness.
     Citizens, policymakers and thought leaders can now understand why prosperity is limited by cash flow constraints right out of the gate. Understanding a system’s limits is a powerful and constructive truth. It opens the door for system upgrades and how those upgrades might be engineered.
     Chapter One: How our money-less system operates in plain sight. Chapter Two: Understanding gold. Chapter Three: How coin and currency come to be. Chapter Four: The mechanics that unfold in banks and credit unions. Chapter Five: Central banks and the Federal Reserve. Chapter Six: Public capital and how the Federal Reserve invokes and extinguishes it. Chapter Seven: Recognizing the paradoxes and our way forward.
     Purchasing Power processes, never making it into public education, leaves the nation at a loss for understanding. Citizens, policymakers, and thought leaders now have a guide and reference to help sort fact from fiction and navigate beyond arguments for why we can’t adequately afford ourselves.

About the author

Benjamin Gisin

  • Author, Purchasing Power, Grand Design of the Centuries
  • Co-creator with Susan Gisin – Mortgage and Financial Visuals
  • Lecture on the financial mechanics between banks, the Federal Reserve and U.S. Treasury
  • Co-Publisher with Susan Gisin – Touch the Soil Magazine
  • Syndicated columnist – Credit Talk (Susan Gisin editor)
  • Borrower Advocate with Susan Gisin for distressed farmers
  • Co-Author of AgClass (agricultural credit training) and AgAnalysis (agricultural credit analysis)
  • Former Senior Agricultural Credit Approval Officer for the nation’s 7th largest Ag Bank at the time
  • Author: Farmer’s and Rancher’s Guide to Commercial Bank Credit (Susan Gisin 2nd Edition editor)
  • Honorable discharge from the Army Reserves as a 1st Lieutenant
  • Idaho National Guard and Idaho Military Academy graduate with a commission as a 2nd Lieutenant
  • Graduate, Idaho State University, Bachelor of Arts
  • Graduate, Idaho Falls High School
  • Born in Basel, Switzerland and immigrated to the United States

The book is a culmination of over 100,000 hours of direct career experience, research and lecturing on the Purchasing Power mechanics that facilitate our modern money-less economic system.