CURRENCY WARS THE MAKING OF THE NEXT GLOBAL CRISIS

Download Currency Wars The Making Of The Next Global Crisis ebook PDF or Read Online books in PDF, EPUB, and Mobi Format. Click Download or Read Online button to CURRENCY WARS THE MAKING OF THE NEXT GLOBAL CRISIS book pdf for free now.

Currency Wars

Author : James Rickards
ISBN : 9781101558898
Genre : Business & Economics
File Size : 55.42 MB
Format : PDF, Mobi
Download : 203
Read : 1163

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. From the Hardcover edition.
Category: Business & Economics

100 Of The Most Outrageous Comments About Currency Wars

Author : Emma Seeding
ISBN : 5458992881
Genre :
File Size : 68.81 MB
Format : PDF
Download : 134
Read : 155

In this book, we have hand-picked the most sophisticated, unanticipated, absorbing (if not at times crackpot!), original and musing book reviews of "Currency Wars: The Making of the Next Global Crisis." Don't say we didn't warn you: these reviews are known to shock with their unconventionality or intimacy. Some may be startled by their biting sincerity; others may be spellbound by their unbridled flights of fantasy. Don't buy this book if: 1. You don't have nerves of steel. 2. You expect to get pregnant in the next five minutes. 3. You've heard it all.
Category:

Currency Wars

Author : Jeffrey Yi-Lin Forrest
ISBN : 9783319677651
Genre : Business & Economics
File Size : 25.27 MB
Format : PDF, ePub, Docs
Download : 968
Read : 248

This book uses systemic thinking and applies it to the study of financial crises. It systematically presents how the systemic yoyo model, its thinking logic, and its methodology can be employed as a common playground and intuition to the study of money, international finance, and economic reforms. This book establishes theoretical backings for why some of the most employed interferences of the market and empirical experiences actually work. It has become urgent for economists and policy makers to understand how international speculative capital affects the economic security of various nations. By looking at the issues of monetary movement around the world, this book shows that there are clearly visible patterns behind the flows of capital, and that there are a uniform language and logic of reasoning that can be powerfully employed in the studies of international finance As shown in this book, many of the conclusions drawn on the basis of these visible patterns, language, and logic of thinking can be practically applied to produce tangible economic benefits. Currency Wars: Offense and Defense through Systemic Thinking is divided into six parts. The first part addresses issues related to systemic modeling of economic entities and processes and explains how a few policy changes can adjust the performance of the extremely complex economy. Part II of the book investigates the problem of how instabilities lead to opportunities for currency attacks, the positive and negative effects of foreign capital, and how international capital flows can cause disturbances of various degrees on a nation’s economic security. Part III examines how a currency war is initiated, why currency conflicts and wars are inevitable, and a specific way of how currency attacks can take place. In Part IV, the book shows how one nation can potential defend itself by manipulating exchange rate of its currency, how the nation under siege can protect itself against financial attacks by using strategies based on the technique of feedback, and develops a more general approach of self-defense. Part V focuses on issues related to the cleanup of the disastrous aftermath of currency attacks through using policies and reforms. Finally the book concludes in Part VI as it analyzes specific real-life cases and addresses the ultimate problem of whether or not currency wars can be avoided all together.
Category: Business & Economics

The Practice Of One Country Two System Policy In Hong Kong

Author : Lau Siu-Kai
ISBN : 9789620772115
Genre : History
File Size : 59.58 MB
Format : PDF, ePub
Download : 846
Read : 418

初步回顧和展望基本法頒佈二十七年和“一國兩制”實踐二十年,總結經驗和汲取教訓。 研究香港回歸二十年政治發展與特區管治的問題,為香港日後的政治發展提出一些有利於特區管治的意見
Category: History

The Black Panther Party And Transformative Pedagogy

Author : Omari L. Dyson
ISBN : 9780739177556
Genre : Social Science
File Size : 31.24 MB
Format : PDF, Kindle
Download : 633
Read : 454

The Black Panther Party and Transformative Pedagogy: Place-Based Education in Philadelphia, by Omari L. Dyson, draws attention to the social dynamics that spawned a Philadelphia Branch of the Black Panther Party.
Category: Social Science

Secret Weapon

Author : Kevin D. Freeman
ISBN : 9781596983113
Genre : Business & Economics
File Size : 55.11 MB
Format : PDF, Docs
Download : 304
Read : 919

Who’s really to blame for America’s catastrophic financial meltdown and devastating national recession? Contrary to what the “Occupy Movement” might tell you, it’s not just greedy Wall Street executives (though they certainly earned their share of scorn). It’s not just failed regulation (even though Washington has failed miserably, both Republicans and Democrats, to protect us). As one of America’s top financial professionals reveals in this shocking new book, the failures of Wall Street and Washington have opened us up to economic warfare, with our foreign enemies exploiting our lurking financial weaknesses. In Secret Weapon, Kevin D. Freeman unveils how all the evidence—including motive, means, and opportunity—points to America’s foreign enemies as deliberately pushing our economy over the brink.
Category: Business & Economics

The Tierra Solution

Author : Frans C. Verhagen
ISBN : 9781616406882
Genre : Business & Economics
File Size : 49.54 MB
Format : PDF
Download : 998
Read : 952

"A visionary and immensely practical approach to reforming today's bubble finance and taming its global casino. Verhagen [...] illuminates the win-win solutions possible when we combine monetary transformation with low-carbon, renewable resource strategies and equitable approaches to sustainable development." -Hazel Henderson, President of Ethical Markets Media, author and creator of The Green Transition Scoreboard As climate change continues to threaten the earth and as the global financial crisis lingers, governments and communities need to take charge of their own and global monetary systems. Sustainability sociologist Frans Verhagen proposes a solution-the Tierra Solution-to repair the present global monetary, financial, and economic systems that enrich the few, impoverish the many, and imperil the planet. Verhagen calls for transformational changes in order to advance climate-resilient economic development. The Tierra Solution proposes: -A credit-based financial system governed by a Global Central Bank, -A banking system without the privilege of money creation, and most importantly, -A carbon standard for the international monetary system with the Tierra as the unit of account. The Tierra Solution is an in-depth and thought-provoking read that shows an innovative path for global citizens who want to combat climate change, the economic crisis and poverty, and for public officials, economists, international development experts, and climate scientists who want to be part of an integrated solution to the dual challenges of climate change and financial crises. "Whether you agree or disagree, The Tierra Solution challenges us with an innovative proposal. No tinkering here. Verhagen is out to lay a new foundation for environmental and climate justice, with an overhaul of the international monetary system that builds the cost of environmental degradation into economic calculations." -Rev. Arthur Simon, President Emeritus and founder of Bread for the World "This plan for a carbon-based international monetary standard that addresses both climate change and global economic inequities is bold, visionary, and truly transformative. It is a must-read for everyone who cares about the fate of the earth." -Sheila D. Collins, Professor of Political Science Emerita, William Paterson University FRANS C. VERHAGEN is a sustainability sociologist with a Ph.D. in the sociology of international development from Columbia University. He founded the Queens Green Party, the Riverside Church Ecology Task Force, and the Ecolinguistics Commission. He has worked around the world and online teaching environmental policies and sustainability.
Category: Business & Economics

2008

Author : George Soros
ISBN : 9601418350
Genre : Credit
File Size : 47.82 MB
Format : PDF, Docs
Download : 668
Read : 311

Translation of 'The economic crisis of 2008 and the importance of". The author explores the origins of the major credit crisis and its future implications on each country and the world economy.
Category: Credit

The System Worked

Author : Daniel W. Drezner
ISBN : 9780199912124
Genre : Political Science
File Size : 45.48 MB
Format : PDF, Docs
Download : 254
Read : 859

International institutions, from the International Monetary Fund to the International Olympic Committee, are perceived as bastions of sclerotic mediocrity at best and outright corruption at worst, and this perception is generally not far off the mark. In the wake of the 2008 financial crash, Daniel W. Drezner, like so many others, looked at the smoking ruins of the global economy and wondered why global economic governance structure had failed so spectacularly, and what could be done to reform them in the future. But then a funny thing happened. As he surveyed their actions in the wake of the crash, he realized that the evidence pointed to the exact opposite conclusion: global economic governance had succeeded. In The System Worked, Drezner, a renowned political scientist and international relations expert, contends that despite the massive scale and reverberations of this latest crisis (larger, arguably, than those that precipitated the Great Depression), the global economy has bounced back remarkably well. Examining the major resuscitation efforts by the G-20 IMF, WTO, and other institutions, he shows that, thanks to the efforts of central bankers and other policymakers, the international response was sufficiently coordinated to prevent the crisis from becoming a full-fledged depression. Yet the narrative about the failure of multilateral economic institutions persists, both because the Great Recession affected powerful nations whose governments managed their own economies poorly, and because the most influential policy analysts who write the books and articles on the crisis hail from those nations. Nevertheless, Drezner argues, while it's true that the global economy is still fragile, these institutions survived the "stress test" of the financial crisis, and may have even become more resilient and valuable in the process. Bucking the conventional wisdom about the new "G-Zero World," Drezner rehabilitates the image of the much-maligned international institutions and demolishes some of the most dangerous myths about the financial crisis. The System Worked is a vital contribution to our understanding of an area where the stakes could not be higher.
Category: Political Science

The Monetary System

Author : Jean-François Serval
ISBN : 9781118867914
Genre : Business & Economics
File Size : 65.28 MB
Format : PDF, ePub, Docs
Download : 876
Read : 1147

A groundbreaking work that paves the way for a new, pro-active financial system With The Monetary System, innovative author pairing Jean-Francois Serval and Jean-Pascal Tranie devise a comprehensive economic modeling system that accounts for the unprecedented situation facing international and regional economies by developing a controversial new stance on the operation of money in society. Presenting a classification of financial instruments with a view toward their underlying legal structures, the book sheds new light on the present economic and financial problems of slow growth and rising debts, and proposes possible outcomes for the global economy. The authors have already gained international attention with their novel approach to currency, and now they turn their attention to the social function of money in all its myriad forms. The book provides a way forward in an era of increased life expectancy and other new social patterns and the social role of money provides a framework for understanding intergenerational redistribution—an urgently pressing task in our time. New aggregate financial categories and economic modeling reveal a possible foundation for increased financial stability Companion website includes key mathematical models, accounting standards, and PowerPoint slides Comprehensive theoretical underpinning presents the contemporary model of money as a social contract Insights into the current economic situation make sense of sovereign debt risk in markets around the world With questions and answers at the end of each chapter, The Monetary System will help you form a new conception of the role of money in society. Improved regulation and tax policies are needed to stabilize the global economy, and this book provides the framework for getting there.
Category: Business & Economics