The Death of Money
The Death of Money The next financial collapse will resemble nothing in history. . . . dollar has been the global reserve currency since the end of World War II. Deciding upon the best course to…
Specifikacia The Death of Money
The Death of Money
The next financial collapse will resemble nothing in history. . . . dollar has been the global reserve currency since the end of World War II. Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar.The U.S.
But optimists have always said, in essence, that confidence in the dollar will never truly be shaken, no matter how high our national debt or how dysfunctional our government.In the last few years, however, the risks have become too big to ignore. If the dollar fails, the entire international monetary system will fail with it. While Washington is gridlocked, our biggest rivals--China, Russia, and the oil-producing nations of the Middle East--are doing everything possible to end U.S.
monetary hegemony. The potential results: Financial warfare. Deflation.
Hyperinflation.
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