Today all countries have fiat money issued by a central bank. There is no obligation by a central bank to exchange its … money for gold or any other good. Central banks have the monopoly to issue central bank money and have the power to create … their money out of nothing. Creating such a monetary system is functional for a capitalist economy and must be regarded as a …

the editors -- Contributors -- Foreword -- Preface -- Acknowledgments -- Chapter 1 Introduction to interest and debt … -- Introduction -- The interest-bearing debt: conceptual framework -- Theory of interest -- Interest-bearing debt in ancient …-bearing debt in ancient civilizations: Sumerian era -- Introduction -- Nature of interest-bearing debt in ancient civilizations and …