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Currency Wars: The Making of the Next Global Crisis by Rickards, James
by Rickards, James | PB | Good
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“Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, ”... Read moreabout condition
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- Buy It NowCurrency Wars: The Making of the Next Global Crisis by Rickards, James
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Located in: Aurora, Illinois, United States
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eBay item number:193320818684
Item specifics
- Condition
- Good
- Seller notes
- Binding
- Paperback
- Weight
- 0 lbs
- Product Group
- Book
- IsTextBook
- No
- ISBN
- 1591845564
- Book Title
- Currency Wars : the Making of the Next Global Crisis
- Item Length
- 8.4 in
- Publisher
- Penguin Publishing Group
- Publication Year
- 2012
- Format
- Trade Paperback
- Language
- English
- Illustrator
- Yes
- Item Height
- 0.8 in
- Genre
- Business & Economics
- Topic
- Foreign Exchange, Economic History, Economic Conditions, Forecasting, Money & Monetary Policy
- Item Width
- 5.5 in
- Item Weight
- 10 oz
- Number of Pages
- 320 Pages
About this product
Product Information
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. Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas. While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.
Product Identifiers
Publisher
Penguin Publishing Group
ISBN-10
1591845564
ISBN-13
9781591845560
eBay Product ID (ePID)
117289843
Product Key Features
Book Title
Currency Wars : the Making of the Next Global Crisis
Format
Trade Paperback
Language
English
Topic
Foreign Exchange, Economic History, Economic Conditions, Forecasting, Money & Monetary Policy
Publication Year
2012
Illustrator
Yes
Genre
Business & Economics
Number of Pages
320 Pages
Dimensions
Item Length
8.4 in
Item Height
0.8 in
Item Width
5.5 in
Item Weight
10 oz
Additional Product Features
Intended Audience
Trade
Lc Classification Number
Hg3851.3.R53 2012
Grade from
Twelfth Grade
Reviews
"One of the scariest books I've read this year. The picture that emerges is dark yet comprehensive and satisfying." -- Bloomberg Businessweek "One of the most urgent books of the fall." -- Mike Allen, Politico "Let's hope he's wrong." -- Financial Times "Unsettling...fascinating...a thorough analysis of how nations have manipulated their currencies...with disastrous consequences." -- Fort Worth Star-Telegram, "One of the scariest books I've read this year. The picture that emerges is dark yet comprehensive and satisfying." -- Bloomberg Businessweek "One of the most urgent books of the fall." -- Mike Allen, Politico "Let's hope he's wrong." -- Financial Times "Unsettling...fascinating...a thorough analysis of how nations have manipulated their currencies...with disastrous consequences." -- Fort Worth Star-Telegram
Copyright Date
2012
Dewey Decimal
332.4
Dewey Edition
23
Item description from the seller
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Most relevant reviews
- 12 Feb, 2022
Are these new forms of currency in our best interests?
Verified purchase: YesCondition: Pre-ownedSold by: thrift.books
- 13 Apr, 2024
No issues. Met expectations. Thx
Verified purchase: YesCondition: Pre-ownedSold by: thrift.books
- 17 Mar, 2017
The Book "Currency Wars" by James Rickards is absolutely Awesome!!! Mind Boggling, Informative and Awakening!
Verified purchase: YesCondition: NewSold by: RxTpeZQoRFy@Deleted
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