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Currency Wars: The Making of the Next Global Crisis

James Rickards




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 | #44918 in Books |  Portfolio Trade |  2012-08-28 |  2012-08-28 | Original language:English | PDF # 1 |  8.40 x.80 x5.40l,.62 | File type: PDF | 320 pages

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||6 of 6 people found the following review helpful.| Excellent, Challenging, Eye-Opening|By Fraser H. Haug|The author gives a clear and relevant perspective on the issues of money and banking in a complex, globalized world. His warnings and suggestions are important to consider - particularly in light of the fact that the scenarios presented seem to be rarely addressed in more "popular" media.

Drawbacks? This is an eso

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 sorr...

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