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The book looks back at history and argues that fiat currency itself is a conspiracy; it sees in the abolition of representative currency and the installment of fiat currency a struggle between the "banking clique" and the governments of the western nations, ending in the victory of the former. It advises the Chinese government to keep a ...
Brazilian Finance Minister Guido Mantega, who made headlines when he raised the alarm about a currency war in September 2010. Currency war, also known as competitive devaluations, is a condition in international affairs where countries seek to gain a trade advantage over other countries by causing the exchange rate of their currency to fall in relation to other currencies.
The designs used on British paper currency at the beginning of the Second World War were introduced in 1855 and had been altered only slightly over the intervening years. [1] The notes were made from white rag paper with black printing on one side and showed an engraving of Britannia by Daniel Maclise of the Royal Academy of Arts in the top ...
His third book The New Case for Gold was released on April 5, 2016. His fourth book The Road to Ruin: The Global Elites' Secret Plan for the Next Financial Crisis was released on November 15, 2016. In The Road to Ruin , Rickards promulgates a conspiracy theory that "global elites" are using the "stalking horse" of climate change to advance a ...
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The Currency War of 2009–2011 was an episode of competitive devaluation which became prominent in the financial press in September 2010. It involved states competing with each other in order to achieve a relatively low valuation for their own currency, so as to assist their domestic industry.
Lindsey is the author of four non-fiction books covering a variety of topics on economics and politics. In 2021, he released his first novel, Currency War, which postulates an economic war between the United States and China. He has also contributed numerous articles to professional publications.
In a fragile economy, every country wants to expand its exports, and low currency values can help make products cheaper to international buyers. Could countries' efforts to stay competitive be ...