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The Death of Money: The Coming Collapse of the International Monetary System
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The Death of Money: The Coming Collapse of the International Monetary System Hardcover - 2014

by James Rickards


Summary

The sequel to national bestseller Currency Wars predicts the next collapse of the monetary system and shows investors how to survive it

The international monetary system collapsed three times in the past hundred years—in 1914, 1939, and 1971—and the next collapse is already in sight. This time the dollar won’t save us. In fact, the dollar itself will be the cause of the crisis.

Central bankers and the head of the IMF candidly admit that monetary policy is in unchartered waters. The world is witnessing no less than a global money experiment. Savers, investors, and everyday citizens are the guinea pigs in the central bankers’ laboratory.

Bestselling author James Rickards explains why money and wealth have now become separated. Money is transitory, ephemeral, and may soon be worthless if central bankers continue on their current path. Wealth is permanent, tangible, and has real value worldwide. Gold, fine art, and land are forms of wealth. Investors who convert paper money into real wealth will survive the coming monetary maelstrom. But those who do not will lose what they have.

Rickards illuminates the death of money unfolding before our eyes, and helps readers prepare before it’s too late.

“ Unsettling . . . fascinating . . . a thorough analysis of how nations have manipulated their currencies . . . with disastrous consequences.” — Fort Worth Star-Telegram

“ One of the scariest books I’ve read this year . . . The picture that emerges is dark yet comprehensive and satisfying.” — Bloomberg BusinessWeek

“One of the most urgent books of the fall.” — Politico

From the publisher

JAMES RICKARDS is the author of New York Times and Wall Street Journal bestseller Currency Wars. He is a counselor, investment banker, and an advisor on international economics and financial threats to the Department of Defense and the U.S. intelligence community. He served as facilitator of the first ever financial war games conducted by the Pentagon. He lives in Washington, D.C.

Details

  • Title The Death of Money: The Coming Collapse of the International Monetary System
  • Author James Rickards
  • Binding Hardcover
  • Edition First Edition
  • Pages 368
  • Volumes 1
  • Language ENG
  • Publisher Portfolio, U.S.A.
  • Date 2014-04-08
  • ISBN 9781591846703 / 1591846706
  • Weight 1.25 lbs (0.57 kg)
  • Dimensions 9.1 x 6.2 x 1.5 in (23.11 x 15.75 x 3.81 cm)
  • Library of Congress subjects Financial crises, International finance
  • Library of Congress Catalog Number 2014004259
  • Dewey Decimal Code 332.45

About the author

James Rickards is the Editor of Strategic Intelligence a financial newsletter. He is The New York Times bestselling author of The New Great Depression (2020), Aftermath (2019), The Road to Ruin (2016), The New Case for Gold (2016), The Death of Money (2014), and Currency Wars (2011) from Penguin Random House. He is an investment advisor, lawyer, inventor, and economist, and has held senior positions at Citibank, Long-Term Capital Management, and Caxton Associates. In 1998, he was the principal negotiator of the rescue of LTCM sponsored by the Federal Reserve. His clients include institutional investors and government directorates. He is an op-ed contributor to the Financial Times, Evening Standard, The Telegraph, New York Times, and Washington Post, and has been interviewed by BBC, CNN, NPR, CSPAN, CNBC, Bloomberg, Fox, and The Wall Street Journal. Mr. Rickards is a guest lecturer in globalization and finance at The Johns Hopkins University, Georgetown University, Trinity College Dublin, The Kellogg School at Northwestern, the U.S. Army War College and the School of Advanced International Studies. He has presented papers on risk at Singularity University, the Applied Physics Laboratory, and the Los Alamos National Laboratory. He is an advisor on capital markets to the U.S. intelligence community, and the Office of the Secretary of Defense, and is on the Advisory Board of the FDD Center on Economic and Financial Power in Washington DC. Mr. Rickards holds an LL.M. (Taxation) from the NYU School of Law; a J.D. from the University of Pennsylvania Law School; an M.A. in international economics from SAIS, and a B.A. (with honors) from Johns Hopkins. He lives in New Hampshire.

Follow @JamesGRickards.

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