Surfer, musician, business coach, healthcare facilities management director.
The author provides a compelling description of the global financial system as a house of cards. It is hard to understand why his warnings are not being heeded by governments around the world.
the role of central banks and Fiat currencies is one of the more difficult topics to understand but even a Layman can grass the idea that was probably used all the bullets we have available to deal with emergencies. I'll be anxious to see how mr. Trump deals with this scenario.
The information contained in JR'S book is important enough that each person over the age of 15, in the USA, should read it. Many of us have an instinct about banking, the FED, Treasury, and global monetary manipulation but JR'S work pulls it together so I can grasp the whole picture. Now what to do with the new information? Yikes!
This book is a well balanced mix of history, analysis, and conjecture. For over 5000 years, gold was money and money was gold. At times silver acted as a proxy for gold, but money was always based on something durable and costly to produce. Beginning with the creation of the Federal Reserve in 1913 the US began to base more of its currency on faith and less on hard assets like gold and silver. The US completely divorced the dollar from hard assets when Richard Nixon closed the "Gold Window" in 1971. Since then the Federal Reserve and other central banks around the world have been in a "race to the bottom" devaluations the currencies for trading advantage by printing ever more and more currency. This can not go on for ever and it is only a matter of time on the party ends and the bill must be paid.
I found this to be a well written (well read) and calm account of were we have been and how we have gotten where we are in the global financial arena. This is fascinating information for the financially curious and history buffs alike. Anyone with a vested interest in the future needs to read this book.
This is a well researched and informative book for anyone looking to understand our global monetary system as well as domestic monetary system. It conveys lots of information in a very understandable context. Well worth the price!
Great audiobook. Scary to think how world currency's are manipulated. James Rickards is brilliant the way he tells how it is.
New at audible....amazed by the possibilities to increase a lot the quantity of book I can touch!
the performance is very good and the book itself is perfect for the time where we live.
i will jump into the more understand of problems and theories discussed in the book: complex systems and finantial wars.