I think I need to reevaluate the papers I read or how I read them.
Must totally revamp my investment review / strategy sessions.
Had no idea this stuff was going on and as I look at the data to validate the story it all seems to fit.
Wow... awesomely eye opening.
Heavy on theory and application. Also wraps up with what the author thinks can be done to solve some the problems outlined. Some of the topics are over the heads of the average consumer, however the author does an excellent job of defining and explains these topics. Highly recommended reading.
The book provides a review of approaches towards monetary policy, a brief history of monetary policy and a look at the pros and cons of a currency backed buy some non Fiat standard. He also recommends a modern iteration of a gold standard that this reader previously considered impracticable but after having read currency wars believes some version all the gold standard such as the one proposed by the author is the necessary next basis for a global monetary system. The author also reviews threats, financial threats to the United States and global order via financial warfare from our enemies. The book shows the inherent weaknesses of the current monetary system and it is a necessary wake up call. I highly recommend
Very clear explanation on the role of currency in global politics and trade relationships. The narrator starts the book very poorly, but hang on, this is a good listen.
Yes I would just to see if this was an anomaly or really his style. The subject matter was intriguing, he just meandered around it instead of actually supporting his sub-title "The Making of the Next Global Crisis
Sure, if someone recommended it to me.
I don't understand this question.
This book came in two parts. My rule is that if I don't want to listen to the second part then it gets one star for content. This was one of those books.
To really get a good understanding how all of the financial markets are connected I advise you to listen more than once to this audio book. Lots of information. Fast pace..good narrator presentation.
This book, written during the depths of the Great Recession, seems mainly aimed a putting forward a philosophy. In the first part, he gives an account of currency developments and the move from the gold standard to the central bank system of today. But his comments are sometimes hard to believe, like when he claims that the second half of the 1800's were a time of growing prosperity. In fact it was also a time of bubbles, crashes, and periods of depression.
The second part gives an account of the global economic and monetary system around 2010. Looking back, it is a bit laughable that his doomsday scenarios have not come true. We can now say that the global economy stabilized and is growing again thanks to the efforts of the central banks and their coordination.
In the third part he argues for a gold-backed currency, but by the time he lays out the case, I was more convinced than ever that it would be a stupid idea. Some people don't believe in global warming even though over 95% of climate scientists say it is true. In the same way, the author does not explain adequately why we should return to a system that almost all economists reject.
Thoroughly enjoyed this audiobook with numerous important facts about the US dollar and currency wars - a subject that is very hard to find info on.