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Currency Wars: The Making of the Next Global Crisis

Currency Wars: The Making of the Next Global Crisis

Lowest online price: 550.00 317 (42% off)
Language English
Contributor(s) James Rickards
Binding Paperback
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Overview: Currency Wars: The Making of the Next Global Crisis

Currency war is a book that explains currency wars that are undertaken by countries in order to achieve economic advantages. The book goes into the details of problems or chaos that can result in case this dangerous tactic is not adequately controlled. The books explains that currency war is basically a tactic that is followed by countries to stimulate the economy and through this practice export cost goes down while the import cost increases helping in growth of the domestic industries.

The book takes an in depth look at the devaluation in the currencies undertaken by the different governments so as to gain greater power and achieve dominance. In the book, the author undertakes an evaluation of the main currency wars recorded in the past and the consequences of such widespread currency wars. The book also takes a look at the steps taken by President Nixon in 1971 to stop the currency war that had been waged for some time.

Other aspects handled by the book include the present currency war waged by China wherein all economies have been experiencing a downward slide and desperate efforts that have been going on to save the economies. The book also raises questions on the validity of the currency wars and indicates that these tactics only deliver short term gains resulting in long term issues. The book takes a look at the failure of governments as well as economists in understanding the weaknesses as well as problems of this tactic.

The book has been written by James Rickards, and he is a well known investment banker as well as an economist. The other book written by the author includes The Death of Money. You can shop online for the paperback edition of the book published by Penguin USA with ISBN-10: 1591845564 and ISBN-13: 978-1591845560.

Product Details
Language English
Publication Date August 28, 2012
Publisher Penguin USA
Contributor(s) James Rickards
Binding Paperback
Edition Reprint
Page Count 320
ISBN 10 9781591845560
ISBN 13 9781591845560
Dimensions and Weight
Product Weight 454 grams
Product Dimensions 13.7 cm x 2 cm x 21.3 cm
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