Leverage How Cheap Money Will Destroy the World

by Denninger, Karl; Hugh Smith, Charles

• ISBN13: 9781118122846
• ISBN10: 1118122844
• Edition: 1st
• Format: Hardcover
• Copyright: 2017-12-04
• Publisher: Wiley

Summary

Debasement of the dollar by ill use of leverage is destroying the global economy. Karl Denninger, well known market commentator, has been following the path that money has taken throughout history, charting its rises and falls, to discover that currencies are debased when moneyed and powerful interests pull the levers of government and policy to enrich themselves at the expense of many. What follows is ugly: the value of everything, including gold, falls, and even personal safety is at risk in a world where there is limited money for even food. History is littered with the collapse of monetary and economic systems from Rome to Germany to Zimbabwe. Leverage charts the history or currency debasement, illustrates how it is playing out in the U.S. right now and the coming impact on the world economy. Readers will learn why so many regularly turn to Denninger's keen analysis, and provide insight voters need to make informed decisions before it is too late.

Author Biography

Karl Denninger founded The Market Ticker® (market-ticker.org), a blog dedicated to uncovering market mischievousness. He is also a columnist on SeekingAlpha.com and has appeared on MSNBC with Dylan Ratigan, on CNBC, and is a frequent guest on WBAL talk radio in Baltimore. He produces a weekly Internet radio segment on BlogTalkRadio with real-time call-ins from listeners and occasional invited guests. Karl is also one of the original founders of the Tea Party movement, and, along with FedUpUSA, launched the first financial protests related to the bailout of banking institutions after the failure and forced takeover of Bear Stearns. Previously, he was CEO of Macro Computer Solutions, and is a self-made entrepreneur and millionaire.

Table of Contents

In Search of the Statesman	p. 1
The Shock of Harvard	p. 11
Paris, Je T'aime!	p. 49
"British-Style" Socialism	p. 81
A Political Globe-Trotter	p. 116
Let The Fight Begin!	p. 157
Graduate Course In Applied Federalism	p. 189
The Birth Of Cité Libre	p. 216
The Hellish Struggle of Anticlericalism	p. 254
Democracy First and Foremost!	p. 286
Workers of Quebec, Unite!	p. 321
Against the Current	p. 343
The End of an Era	p. 376
The New Treason of the Intellectuals	p. 408
Acknowledgments	p. 457
Note on the Bibliography	p. 460
Notes	p. 462
Index	p. 515
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