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chris

northglenn, co, United States | Member Since 2010

7
HELPFUL VOTES
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  • 1 titles in library
  • 13 purchased in 2014
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  • Currency Wars: The Making of the Next Global Crises

    • UNABRIDGED (9 hrs and 55 mins)
    • By James Rickards
    • Narrated By Walter Dixon
    • Whispersync for Voice-ready
    Overall
    (477)
    Performance
    (405)
    Story
    (408)

    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.

    Roddie says: "Must read, listen too!"
    "Great book, lives up to the hype"
    Overall
    Performance
    Story

    There were many compelling aspects to the book. I most enjoyed the chapters where Mr. Rickards discusses the prior currency wars in detail and provides time frames for the beginning and end of them. The interaction of various countries after some currency or exchange rate alteration is very interesting and helps explain global reactions during those periods. The impact exchange rates and interest rates have on the world is truly incredible. There is also a very compelling assessment of the current currency war that is now unfolding. This is a must read for anyone interested in international currency interactions, monetary policy and history, and current events in finance.

    7 of 7 people found this review helpful

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