Reddit Reddit reviews Currency Wars: The Making of the Next Global Crisis

We found 18 Reddit comments about Currency Wars: The Making of the Next Global Crisis. Here are the top ones, ranked by their Reddit score.

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Currency Wars: The Making of the Next Global Crisis
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18 Reddit comments about Currency Wars: The Making of the Next Global Crisis:

u/EwoutDVP · 24 pointsr/anonymous

Actually, nobody should be afraid of anyone.

Most politicians are good people, and they joined politics because they wanted to change the world for the better. But they got stuck in the debt-based system. Just like everybody else. This leaves very little room for real change.

Everybody wants out of this system. But most don't realise, or don't know how.

Perhaps you've seen Oliver Stone's Nixon. There's this scene where president Nixon meets a bunch of young people, and they give him shit for Vietnam etc. He then realises that he was just like those kids twenty years prior, but once in office he simply wasn't left with much choice - he had to act like he did, that's what the system required him to do. (Stone's message, not mine - although I agree.)

Nobody is out to get us right now, nobody is our enemy, everybody realises that the banking system is shit at best, or downright evil at worst. Including most politicians. All we need is a way out.

Recommended books:

http://www.amazon.com/Economics-Good-Evil-Economic-Gilgamesh/dp/0199767203

http://www.amazon.com/Debt-First-5-000-Years/dp/1612191290/ref=sr_1_1?s=books&ie=UTF8&qid=1381395901&sr=1-1&keywords=debt

http://www.amazon.com/Currency-Wars-Making-Global-Crisis/dp/1591845564/ref=sr_1_1?s=books&ie=UTF8&qid=1381395926&sr=1-1&keywords=currency+wars

And please read these articles:

http://www.bloomberg.com/news/2013-05-30/bitcoin-the-perfect-schmuck-insurance.html

http://rt.com/op-edge/bitcoin-money-future-fad-761/

http://www.aljazeera.com/indepth/opinion/2012/05/20125309437931677.html

u/oldredder · 19 pointsr/MGTOW

The purpose of war is to weed out the lesser slaves (less strong, less smart, less obedient) and to acquire new slaves from other slave-owners (other nations, other governments). Everyone not running a government is a slave.

This is why understanding war and the economy, not women, is the true core of the red pill.

u/circuitloss · 8 pointsr/BitcoinMarkets

The factors involved are very complicated, and I don't want to attempt to make concrete predictions other than to draw attention to the very subtle, but very powerful forces in play here.

We're in the midst of a currency war -- and Wikipedia will do a better job than I about explaining the basics, but essentially the Fed is actively and aggressively trying to devalue the dollar.

For a much more detailed analysis of the issues, and a great historical lesson in past currency wars, I can't recommend James Rickards book enough. It was really eye-opening.

u/starrychloe · 5 pointsr/philosophy

http://www.amazon.com/Currency-Wars-Making-Global-Crisis/dp/1591845564/ref=sr_1_1_ha?ie=UTF8&qid=1368855192&sr=8-1&keywords=currency+wars

But if you think about it for a second, it should be self-evident. If it was true, no investor would have more money than any other, as choosing an investment would reduce to statistical chance. Yet, many do.

u/BaurusdB · 5 pointsr/Bitcoin

You should read Currency Wars and The Death Of Money if you're interested in the collapse of the USD and others.

u/ramrar · 4 pointsr/StockMarket

I used to ponder on this, until I read the book currency wars! The author clearly explains , mainly game theory based scenarios where held, on how such a thing could trigger. There are many agencies who watch for massive movement of gold. More than stocks, I think massive accumulation of gold would be a start.

u/RaptorXP · 3 pointsr/worldnews
u/crypto_took_my_shirt · 2 pointsr/worldnews

I've referred to it as a currency war ever since reading the book currency wars

https://www.amazon.com/Currency-Wars-Making-Global-Crisis/dp/1591845564

Going to check out the economic warfare book though as they appear to be similarly about the role money plays with fighting each other now.

u/-Claymore- · 2 pointsr/Bitcoin

Kid... please... I have been hearing those words for over 15 years... They are not new...

Currency Wars - Carnegie Endowment for International Peace

Jim Rickards - Currency Wars

Peter Schiff - Currency Wars


u/Johnsant · 2 pointsr/worldnews

There are incentives and disincentives.

Undermining the currency is a good strategy for increasing exports and therefore increasing employment. But as you say, that can only go so far.

I really enjoyed Currency Wars. It was a good read on the subject.

u/ketruchapr · 2 pointsr/worldnews

> China and Russia have been doing the exact opposite and actually increasing their gold reserves dramatically in recent years

They have an energy pact together as well. Highly suggest Currency Wars to anyone interested in this topic.

It basically talks about how killing a countries currency is the better form of warfare now than bombing each other. Also describes how the west vs asia/russia try to attack each others currencies for power. Really interesting stuff.

u/Wonka_Raskolnikov · 1 pointr/finance

I don't know currency wars was a pretty interesting read... The DoD asked this ex-trader to partake in this economic war games thing in Washington. Pentagon was involved it was a secret thing. They assembled a bunch of academic economists, traders and bankers from NYC and made them run economic war game scenarios. What would happen if China devalued their currency by half or if Russia switched to 50% Gold etc. was a pretty interesting read.

The title is a lit bit over the top, but it's a really good book.

About the Author from Amazon:

>"James Rickards is a counselor, investment banker, and risk manager with over thirty years' experience in capital markets. He advises the Department of Defense, the U.S. intelligence community, and major hedge funds on global finance, and served as a facilitator of the first ever financial war games conducted by the Pentagon. A frequent guest on CNBC, CNN, Fox, C-SPAN, Bloomberg TV, and NPR, Rickards also lectures at Northwestern University and at the School of Advanced International Studies."

http://www.amazon.com/Currency-Wars-Making-Global-Crisis/dp/1591845564/ref=sr_1_1?s=books&ie=UTF8&qid=1427514578&sr=1-1&keywords=currency+wars

u/hexydes · 1 pointr/economy

Eh, your energy and climate change stuff is off-base; humans are too intelligent to let that get in the way. We will invent our way around that problem.

However, an economic end-game scenario is definitely something everyone should at least be aware of the possibility of. For a great introduction, this book was very enlightening.

http://www.amazon.com/Currency-Wars-Making-Global-Crisis/dp/1591845564/

u/empleadoEstatalBot · 1 pointr/vzla
	


	


	


> # Ministro de agricultura de Venezuela elogia el uso de Bitcoin como herramientas de liberación financiera
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>
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> Más adelante, sugirió que la economía puede salvarse si se rescata el patrón oro como referencia de valor, conjunto al surgimiento de las criptomonedas, señalándolas como “una de las grandes alternativas que tienen los pueblos de preservar la integridad de la humanidad, consolidar la paz y garantizar una vida, así como tener acceso a los bienes, servicios y alimentos”. El ministro basó su exposición en gran parte en el libro Currency Wars, que sostiene cómo en diferentes fases de la historia reciente se ha librado un tipo de guerra en la que los países roban a sus socios comerciales de distintas maneras en orden de fortalecer sus monedas y hundir las otras, para así facilitar el cambio.
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> Esto de alguna manera es consecuente con la tésis impulsada por el presidente de Venezuela, Nicolás Maduro, en cuanto a que actualmente se está librando una “guerra económica” contra el país y su gobierno; aunque es necesario destacar que la gran mayoría de economistas, actores financieros, politólogos y otras naciones del mundo, de diversas ideologías, tan dispares como Ricardo Hausman y Noam Chomsky, están de acuerdo en que los controles económicos, cambiarios y jurídicos del gobierno han sido excesivos, generando más problemas de los que pretende solventar y sumiendo a Venezuela en una crisis humanitaria y empobrecimiento general sin precedentes en la historia del otrora uno de los países más ricos del mundo.
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> Sin embargo, el ministro Soteldo se mostró entusiasta con la idea de las criptomonedas, como “herramienta para alcanzar [la] soberanía y darle soporte [a las monedas]con sus riquezas a través del incentivo que establezcan para estimular la inversiones y el desarrollo productivo de esa economía. Puede ser una opción que cree una nueva etapa económica y financiera globalmente. Y se podría evitar la crisis que quieren generar regando dinero devaluado que se traduce en inflación”. Muy acertado en este sentido en cuanto a la devaluación del dólar como moneda durante los últimos años, particularmente desde que Nixon y la Reserva Federal de EEUU abandonaron el patrón oroen 1971 como principal referencia para emitir su moneda.
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> En el caso de Venezuela, el país se ha mantenido al margen del desarrollo público y notorio de proyectos blockchain y de criptomonedas, aunque efectivamente ha destacado un proyecto local llamado OnixCoin, con el que CriptoNoticias tuvo la oportunidad de conversar. Venezuela es además un país fuerte en el consumo de tecnología, sin embargo las coyunturas económicas y sociales se han acentuado durante los últimos años, fomentando en cierto sentido la adopción de bitcoin, pero también evitando que la criptomoneda principal sea adoptada del todo en el país.




u/ThunderBluff0 · 1 pointr/uncensorednews
u/DJ_Beardsquirt · 1 pointr/economy

I can't explain this myself. But the book Currency Wars by James Rickards is supposed to be a good overview. Here is a video of the author being interviewed by the absurd and sensationalist economics reporter Max Keiser.

Apologies if this reads a bit like a sales pitch.

u/Lou__Vegas · -2 pointsr/investing

\>> every mainstream economists agrees its a horrible system

That's not true at all. Lots of economists are saying today's fiat system is inferior to a gold standard. And not just people trying to sell gold. A gold standard would force the government to balance their budget and bound interests rates by market forces instead of political.

I could bury you with names and links but have to go to work. Try James Rickards for one. He doesn't sell gold, he consults to the government. And read this book, for one.

https://www.amazon.com/gp/product/1591845564/ref=dbs_a_def_rwt_bibl_vppi_i2