This book is written by James Rickards published by Portfolio Hardcover on November 10,2011. ISBN-10 and ISBN-13 of the book Currency Wars are 1591844495 and 978-1591844495 respectively. This book has been listed in Business & Investing, International Economics, Professional & Technical Categories. The hardcover edition of the book contains a total of 304 pages weighing around 1 pound. In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon.
Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries’ stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008. Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict.
As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself.
Review of the book Currency Wars: The Making of the Next Global Crisis
“Rickards, experienced financial adviser, investment banker, and risk manager, tells us we are in a new currency war that could destroy faith in the U.S. dollar; he examines that war through the lens of economic policy, national security, and historical precedent. As a national security issue, he tells a fascinating story of his involvement with the Pentagon and other agencies in designing and participating in a war game using currencies and capital markets, instead of ships and planes, to gain early warning of attacks on the U.S. dollar. The author concludes that “mainstream economists and central bankers alike are well aware of dollar weakness and the risks to international monetary stability from the new currency wars.” He sees four prospects for the dollar-multiple reserve currencies, special drawing rights, gold, and chaos. Rickards’ ideas are controversial and will attract support and criticism across many disciplines. Nevertheless, he presents a compelling case for his views and offers thought-provoking information for library patrons. This is a must-read book.” - Mary Whaley, Booklist. Free eBook of Currency Wars: The Making of the Next Global Crisis by James Rickards is available in three major formats from which you can read it through your favorite ebook readers including Kindle, Noob, Sony and much more. All the formats have been zipped for flexibility.
How to get eBook of Currency Wars: The Making of the Next Global Crisis for Free !
- Subscribe to the Free eBooks‘s Daily Email Newsletter, Enter your Mail id below;
- Recommed Us on Google + & Facebook.
- Follow the links to download free eBooks
{ 1 comment… read it below or add one }
I really like this book and want this book to read…