6DEFINITIONS AND EXPLANATIONS
335 TWO CASE STUDIES OF THE FINANCIAL SYSTEM LIMIT
7Positive nominal interest rates
34Puerto Rico
8Negative nominal interest rates
35Carillion
9Lower bound to interest rates
366 PENSIONS
10Positive real interest rates
37Defined benefit pension protection
11Negative real interest rates
38Pension investment
12Sound money
39PART THREE
13Administered rates
40CAN THE WORLD ESCAPE ITS DEBT PROBLEM?
14INTRODUCTION
417 EXISTING IDEAS
15PART ONE
42Fiscal policy
16THREE RADICAL THOUGHTS
43Prevent banks creating credit
171 THE FINANCIAL SYSTEM LIMIT: A logical proof
44Helicopter money
182 DEBT INTEREST IS A COST TO SOCIETY
45Cancel both sides
19Estimating the cost of interest paid
46Liquidate assets
20Examples of the scale of debt
47Taxing wealth to pay down debt
21Where does all the interest go?
48Debt to equity conversion
223 THE CENTRAL BANKING ECONOMIC CYCLE
49Government debt
23Traditional economic cycles
50Expanding Special Drawing Rights
24The service industry capacity cycle
51Abandon stimulus
25Another change started with the 1987 crash
52NONE OF THE ‘IDEAS’ CAN WORK
26PART TWO
538 TACKLING THE COST OF INTEREST TO SOCIETY
27ACADEMIC THEORY AND CASE STUDIES
