Editorial Reviews. Review. “One of the scariest books I’ve read this year. The picture that Currency Wars: The Making of the Next Global Crisis by [Rickards, James]. Audible Sample. Audible Sample. Playing Playing Loading Loading . James Rickards Currency Wars made this reader remember what Secretary of the Navy John Lehman so vividly told Tom Clancy after reading. My thesis is that currency wars are followed by trade wars and then finally shooting James G. Rickards is the editor of Strategic Intelligence.

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Currency wars begin in a condition of too much debt and not enough growth.

Readers in my shoes should not worry too much as the author however did try his best to give a good history course with some brief explanations on the gold standard. By using this site, you agree to the Terms of Use and Privacy Policy.

Currency War, Then Trade War — Is Shooting War Next?

Is currencyy book still relevant in ? Who is against Mr Song? Who is ‘The Harvard Guy”. Rickards has clearly written rickatds thought-provoking book designed to challenge your preconceptions on the international currency markets, but Currency Wars: It was not the work of some conspiracy theorist, polemicist or radical.

The book looks back at history and argues that fiat currency itself is a conspiracy; it sees in the abolition of representative currency and the installment of fiat currency a struggle between the “banking clique” and the governments of the western nations, ending in the victory of the former.


Not only is the world not better off but it is worse off because of the costs and uncertainty resulting from the currency manipulations. By Robert Kiyosaki Posted December 26, Countries steal growth from their trading partners by cheapening their currencies to promote exports and import inflation. According to Zhang Jiayi, it could be argued that the “currency wars” series of books’ goal in promoting the conspiracy theory is precisely to meet the angry psychology of rickardw.

Rickards quickly follows it with a financial war game he participated in at the Pentagon. Hardcoverpages. May 21, Clement Ting rated it liked it. Of course, it won’t be.

I want to develop the conceptual thinking about the currency. According to the book, the western countries in general and the US in particular are controlled by a clique of international bankers, which use currency manipulation hence the title to gain wealth by first loaning money in USD to developing nations and then shorting their currency.

No trivia or wras yet. According to complexity theory, every increase in scale causes a much greater increase in risk. The logic is simple and the battle lines are drawn when you consider the effect and purpose of QE: Trivia About Currency Wars: There are things to criticize about the book, but I won’t bother to write them.

A looming government shutdown, plus, why both Republican and Democrats will likely agree on an infrastructure bill….

In the second half of the book Rickards spatters some interdisciplinary nuggets of interest relating to complexity theory, which would be interesting, except that his application of these ideas is mealy-mouthed and entirely unsuccessful.

I found it mildly entertaining, but only because I have a predilection for the subject.


Currency Wars – Wikipedia

Want to Read Currently Reading Read. The book has achieved cjrrency status in China. Readers can skip or skim this to no ill effect. For example, he seems too comfortable with the idea of the Treasury seizing foreign-owned gold that is being stored in New York. He presents these variants as the ultimate solution to the problems discussed in the book. Crisply written with just the right level of theory to prove points without dragging the reader into detailed economic formulas.

He even goes so far to suggest, an all out physical war could erupt among international blocks of trading partners to physically re-balance trade. Sep 25, Beth rated it it was amazing.

Currency Wars: The Making of the Next Global Crisis

Given the fragility of the US economy debt being held by China, othersthis is more than plausible. Sep 28, Matthew rated it really liked it Shelves: Many people are far more nervous today about our current fiscal and monetary direction, though for most it is just a general nervousness – a recognition that our economic path, now illuminated by the crisis, is not a smooth road but a precipice edge.

He was predicting the same dire consequences inthat he does in Death of Money.