Please try againSorry, we failed to record your vote. best explanation of the different forms of gold standards throughout history. Goodreads helps you keep track of books you want to read. Welcome back. However, it needs quite a lot of history and finance background to read it. There are many truths that I have never known before. Every chapter adds new content and - unlike in many other books - the author doesn't repeat him self.Not sure how much of the content is a "real" truth and how much is just "partial truth", but to be honest I don't really care - the book is written in a very good way and it's really pleasant to read. In fact it has a dramatic flair that even exceeds the movie. This book ,while written a couple of years ago is SOOOO prescient for what is happening today (and tomorrow presumably). As the title suggests, it focuses on the relative value of the US dollar versus other currencies, and the possible and probable outcomes of the current fiscal and monetary policies (the so-called ‘wars’) of major economies. Guide To Investing in Gold & Silver: Protect Your Financial Future
Readers in my shoes should not worry too much as the author however did try his best to give a good history course with some brief explanations on the gold standard. The author advocates a proactive role for the IMF and revival of a refined version of the dormant SDR to prevent the currency war from assuming insurmountable proportion. The way this book put the concepts in historical and "war" context makes this a interesting read. In short, Rickards's main argument is that countries around the world are devaluing their currencies in order to boost their exports (domestically Thorough and well written. I think they are pretty much the same. His investors hated him and wanted to pull out - "Being too early is the same as being wrong. November 10th 2011 Rickards is a well trained and experienced, commentator on economics, geopolitics and finance. Do cực đoan trong quan điểm của mình mà tác giả đã khiến cuốn sách khó có tính thuyết phục. The first page itself shows how outdated the book is. China is the major recipient of the inflation since they peg their currency, the RNB, to the US dollar.
Great read!An interesting, incisive and credible analysis of what is going wrong in the financial world and why the latest currency war is being fought. I would suggest that you take this as a first step in understanding the concepts of money, devaluation, GDP, inflation/deflation etc and then move on to more in-depth reading on each of them. The participants in the war game are portrayed as largely clueless, the rules and outcomes appear arbitrary.
Please try againSorry, we failed to record your vote. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. . "This book is the blueprint to current events. The book challenges contemporary Neo-Classical theory on the role, function and importance of currency.Must read if you're fed up of mainstream financial news and analysisReviewed in the United Kingdom on December 19, 2016 This is an outstanding book that should be read and digested by every thinking American voter. 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. Nó quá nặng nề về những thuyết âm mưu và có không ít những lỗi logic trong quyển sách. Rickards touches on a much discussed theme in modern economics, the increasing stress and viability of the dollar. The Death of Money: The Coming Collapse of the International Monetary System All in all a terrific book. The $10,000 fine proposed in 1933 for those who continued to hoard gold in violation of the president’s order is equivalent to over $165,000 in today’s money, an extraordinarily large statutory fine. Best read on this timely subject matter by far... Unable to add item to Wish List. How will we get out of this depression?It is one of the finest books to understand currency wars ;its evolution , impact ,past etc .How does QE export inflation from the US to China and cripple Brazil’s export market?
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