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The Death of Money

the Coming Collapse of the International Monetary System
Nov 18, 2014byoneoka rated this title 5 out of 5 stars
This is the best analysis I've seen of the complex predicament facing us in 2014. We are in a dreaded deflation, slow economic growth, and high money printing--with the overhang of overwhelming debt and an enormous deficit. The US faces only hard choices. Traditional fiscal and monetary policy tools won't be enough to solve this. Rickard argues convincingly that the root problems are structural and have become too great-- regardless of which path(s) the major players take in response-- we will likely see a global crisis that will last a generation, bigger than the Great Depression. It will be driven by the collapse of the dollar and our international monetary system. Written in a clear, practical manner. A must read. B. Yoneoka