The Death of Money: The Coming Collapse of the International Monetary System by James Rickards
The Death of Money: The Coming Collapse of the International Monetary System by James Rickards PDF, ePub eBook D0wnl0ad
“The next financial collapse will resemble nothing in history. . . . Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar.”
The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching—and why this time, nothing less than the institution of money itself is at risk.
The American dollar has been the global reserve currency since the end of the Second World War. If the dollar fails, the entire international monetary system will fail with it. No other currency has the deep, liquid pools of assets needed to do the job.
Optimists have always said, in essence, that there’s nothing to worry about—that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government. But in the last few years, the risks have become too big to ignore. While Washington is gridlocked and unable to make progress on our long-term problems, our biggest economic competitors—China, Russia, and the oilproducing nations of the Middle East—are doing everything possible to end U.S. monetary hegemony. The potential results: Financial warfare. Deflation. Hyperinflation. Market collapse. Chaos.
Rickards offers a bracing analysis of these and other threats to the dollar. The fundamental problem is that money and wealth have become more and more detached. Money is transitory and ephemeral, and it may soon be worthless if central bankers and politicians continue on their current path. But true wealth is permanent and tangible, and it has real value worldwide.
The author shows how everyday citizens who save and invest have become guinea pigs in the central bankers’ laboratory. The world’s major financial players—national governments, big banks, multilateral institutions—will always muddle through by patching together new rules of the
game. The real victims of the next crisis will be small investors who assumed that what worked for decades will keep working.
Fortunately, it’s not too late to prepare for the coming death of money. Rickards explains the power of converting unreliable money into real wealth: gold, land, fine art, and other long-term stores of value. As he writes: “The coming collapse of the dollar and the international monetary system is entirely foreseeable. . . . Only nations and individuals who make provision today will survive the maelstrom to come.”
From reader reviews:
Denise Lee:
What do you in relation to book? It is not important with you? Or just adding material when you really need something to explain what the one you have problem? How about your free time? Or are you busy particular person? If you don't have spare time to accomplish others business, it is make one feel bored faster. And you have spare time? What did you do? All people has many questions above. They need to answer that question since just their can do that will. It said that about guide. Book is familiar on every person. Yes, it is right. Because start from on kindergarten until university need this kind of The Death of Money: The Coming Collapse of the International Monetary System to read.
Fred Simpson:
Nowadays reading books be than want or need but also get a life style. This reading addiction give you lot of advantages. The huge benefits you got of course the knowledge even the information inside the book which improve your knowledge and information. The information you get based on what kind of book you read, if you want have more knowledge just go with knowledge books but if you want truly feel happy read one together with theme for entertaining for instance comic or novel. Often the The Death of Money: The Coming Collapse of the International Monetary System is kind of e-book which is giving the reader erratic experience.
Christina Almonte:
As a student exactly feel bored to help reading. If their teacher inquired them to go to the library or make summary for some book, they are complained. Just very little students that has reading's spirit or real their passion. They just do what the trainer want, like asked to go to the library. They go to right now there but nothing reading really. Any students feel that studying is not important, boring in addition to can't see colorful photos on there. Yeah, it is for being complicated. Book is very important to suit your needs. As we know that on this time, many ways to get whatever you want. Likewise word says, many ways to reach Chinese's country. So , this The Death of Money: The Coming Collapse of the International Monetary System can make you experience more interested to read.
Read The Death of Money: The Coming Collapse of the International Monetary System by James Rickards for online ebook
The Death of Money: The Coming Collapse of the International Monetary System by James Rickards Free PDF d0wnl0ad, audio books, books to read, good books to read, cheap books, good books, online books, books online, book reviews epub, read books online, books to read online, online library, greatbooks to read, PDF best books to read, top books to read The Death of Money: The Coming Collapse of the International Monetary System by James Rickards books to read online.
No comments:
Post a Comment