Currency Wars: The Making Of The Next Global Crisis (2011) - Plot & Excerpts
Starts off with a great deal of arrogance and patriotism which is barely tolerable. His writing is so unabashedly pro-American you would think he would be thrown in front the House UnAmerican Activities commission if he toned it down a bit. After you get through the garbage, he starts to talk about different economic models used over the past century. These parts are informative and interesting. He talks about their strengths and weaknesses and why they ultimately failed. Then takes you on a journey of his ideal economic model to keep the dollar as the prime global currency. It is an interesting read and currency exchange is something that we take for granted, aware of its existence but not of its importance to our economic well being. I would recommend it, but not to people who need good writing to read. I have a habit of reading financial titles when I get bored. For some reason, this particular subject trigger something in my thick skull and keep me entertain in this genre. There are times where I need to take a break from fiction and read some economics. When I was in school, I had no interest in finance as a profession, but I was always amazed on how monetization rule the World. and how the system works and how it's broken. There is no doubt that "Currency Wars" is a dull read, but it is so like being in class again, learning how different currency works. After reading this book, I want to take a midterm of showing what I've learned and seeing how much I retain the information.This book is not for everyone. You really need to like economics to read and understand what James Rickards is talking about. Even now, I wanted to look back on my past notes that I had from school to review the technical terms, but after a while, it came back to me from Rickards' explanations.
What do You think about Currency Wars: The Making Of The Next Global Crisis (2011)?
made to page 45, then had to return to library. So far very interesting. will pick up again later.
—yugi452
Well-written, well-researched, incredibly logical, and utterly terrifying.
—hsmorstad
This is a great book, it puts perspective to the current macro outlook!
—shybug14
Holy crap, put away your Neil Gaiman, this is scary for real!
—sdillaha