The Death of Money
The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: war, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching—and why this time, nothing less than the institution of money itself is at risk. The Death of Money offers a bracing analysis of the potential results of this dilemma and other threats to the dollar. Rickards also explains the power of converting unreliable money into real wealth: gold, land, fine art, and other long-term stores of value.
"A fast-paced and apocalyptic look at the financial future, taking in financiers' greed, central banks' incompetence and impending Armageddon for the dollar...Rickards may be right that 'the system is going wobbly.'"
—The Financial Times
"The Death of Money makes a valuable contribution to our economic discourse."
"James Rickards' The Death of Money is ... making it a veritable golden age for smart books on the current state of the global economy."
“A terrifically interesting and useful book . . . fascinating.”
—Kenneth W. Dam, Former Deputy Secretary of the Treasury and Adviser to three presidents
“The Death of Money contains very big, provocative ideas clearly explained and delivered in an even handed tone that steers away from the sensational proclamation yet successfully undercuts conventional market wisdom."
—John Hathaway, Portfolio Manager, Tocqueville Gold Fund
“The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher."
—John H. Makin, Ph.D., Resident Scholar, American Enterprise Institute
Table of Contents
Introduction
Part 1 Money and Geopolitics
Chapter 1: Prophecy
Chapter 2: The War God's Face
Part 2 Money and Markets
Chapter 3: The Ruin of Markets
Chapter 4: China's New Financial Warlords
Chapter 5: The New German Reich
Chapter 6: BELLS, BRICS, and Beyond
Part 3 Money and Wealth
Chapter 7: Debt, Deficits, and the Dollar
Chapter 8: Central Bank of the World
Chapter 9: Gold Redux
Chapter 10: Crossroads
Chapter 11: Maelstrom
Conclusion
Afterword
Acknowledgments
Notes
Selected Resources