---
product_id: 47988478
title: "Currency Wars: The Making of the Next Global Crisis"
price: "$44.16"
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---

# Currency Wars: The Making of the Next Global Crisis

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## Description

Buy Currency Wars: The Making of the Next Global Crisis Reprint by James Rickards (ISBN: 9781591845560) from desertcart's Book Store. Everyday low prices and free delivery on eligible orders.

Review: A frightening book that rethinks concepts of national security - Currency Wars is without a shadow a doubt both a scholarly and imaginitive work. Rickards touches on a much discussed theme in modern economics, the increasing stress and viability of the dollar. In some ways this work is similar to Barry Eichengreen's Exorbitant Privilege, however Rickards looks at a more global scale of currency collapses, and provides both historical precedents, and possible scenarios in which the dollar could collapse. Additionally, the book contains some decent critiques of economic schools of thought, such as Keynesianism, Monetarism, and Financial Economics, as well as a decent critique of complexity theory. While not simply an economic text book, Rickards provides his own critique and insights to the strength and failings of these approaches. Currency Wars provides a decent history of monetary policy, and an ample divination of what could come if decent policy is not implemented, and mistakes of the past are not learned from. The only criticism I have of Currency Wars is the opening. The war games introduction is too wordy, and filled with details that the readers of the book did not intend to read. On the whole, an excellent and thought provoking book. More suited for those already familiar with economics, but accessible to all provided it is read carefully and terms are referenced. I can only hope that this finds its way onto the desks of Ben Bernanke and Barack Obama.
Review: A must-read for everyone - A truly extraordinary book that opens the door of truth on the money systems of the past 150 years - and how they've succeeded and failed. Forget right- or left-wing bias, what this book does is take you into the world of money and economics, the truly gobsmacking mistakes made by so-called intelligent leaders and how the current situation of unsustainable debt (the West) and huge sovereign wealth funds (the East) will play out. The author reveals in clear and highly readable language what caused the tragedy of the Great Depression, the growth times of the 1950s and 1960s, followed by increasing levels of debt as one government after another made monumental errors. LBJ and Nixon do not look good, de Gaulle looks seriously smart, Churchill's greatest error was as Chancellor in the early 1920s, and so on. Above all, Rickards lays out in the clearest possible terms where the world is headed if nothing is done to arrest and correct the situation. He explains why gold has to be at the core of that - his challenge, the fact that economists the world over are dedicated Keynesians with policies to perpetuate the tradegy. Read it if you dare - I couldn't put it down.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| ASIN  | 1591845564 |
| Best Sellers Rank | 200,127 in Books ( See Top 100 in Books ) 35 in Foreign Exchange 76 in Professional Financial Forecasting 44,966 in Society, Politics & Philosophy |
| Customer reviews | 4.4 4.4 out of 5 stars (1,835) |
| Dimensions  | 13.97 x 2.03 x 21.08 cm |
| Edition  | Reprint |
| ISBN-10  | 9781591845560 |
| ISBN-13  | 978-1591845560 |
| Item weight  | 1.05 kg |
| Language  | English |
| Print length  | 304 pages |
| Publication date  | 4 Oct. 2012 |
| Publisher  | Portfolio |

## Images

![Currency Wars: The Making of the Next Global Crisis - Image 1](https://m.media-amazon.com/images/I/8113q3TURwL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ A frightening book that rethinks concepts of national security
*by A***H on 7 June 2013*

Currency Wars is without a shadow a doubt both a scholarly and imaginitive work. Rickards touches on a much discussed theme in modern economics, the increasing stress and viability of the dollar. In some ways this work is similar to Barry Eichengreen's Exorbitant Privilege, however Rickards looks at a more global scale of currency collapses, and provides both historical precedents, and possible scenarios in which the dollar could collapse. Additionally, the book contains some decent critiques of economic schools of thought, such as Keynesianism, Monetarism, and Financial Economics, as well as a decent critique of complexity theory. While not simply an economic text book, Rickards provides his own critique and insights to the strength and failings of these approaches. Currency Wars provides a decent history of monetary policy, and an ample divination of what could come if decent policy is not implemented, and mistakes of the past are not learned from. The only criticism I have of Currency Wars is the opening. The war games introduction is too wordy, and filled with details that the readers of the book did not intend to read. On the whole, an excellent and thought provoking book. More suited for those already familiar with economics, but accessible to all provided it is read carefully and terms are referenced. I can only hope that this finds its way onto the desks of Ben Bernanke and Barack Obama.

### ⭐⭐⭐⭐⭐ A must-read for everyone
*by B***H on 10 June 2013*

A truly extraordinary book that opens the door of truth on the money systems of the past 150 years - and how they've succeeded and failed. Forget right- or left-wing bias, what this book does is take you into the world of money and economics, the truly gobsmacking mistakes made by so-called intelligent leaders and how the current situation of unsustainable debt (the West) and huge sovereign wealth funds (the East) will play out. The author reveals in clear and highly readable language what caused the tragedy of the Great Depression, the growth times of the 1950s and 1960s, followed by increasing levels of debt as one government after another made monumental errors. LBJ and Nixon do not look good, de Gaulle looks seriously smart, Churchill's greatest error was as Chancellor in the early 1920s, and so on. Above all, Rickards lays out in the clearest possible terms where the world is headed if nothing is done to arrest and correct the situation. He explains why gold has to be at the core of that - his challenge, the fact that economists the world over are dedicated Keynesians with policies to perpetuate the tradegy. Read it if you dare - I couldn't put it down.

### ⭐⭐⭐⭐ Well worth a read.
*by F***B on 29 December 2015*

I found this a highly readable account of some of the possible outcomes of the policies adopted by major central banks in the aftermath of the financial crisis of 2007/08. How likely any of these outcomes are and too what extent the book was written to be a bestseller rather than a serious study I couldn't say. Rickards' makes much of the era of the classic gold standard (1870-1914) as a period of high growth and benign deflation, both of which he seems to attribute to the gold standard. I found myself suspicious of this - the same period was one in which, in both the USA and Europe colonial expansion and the appropriation of the land of native peoples provided abundant and virtually free resources. Surely this would provide at least as good an explanation of that growth as the nature of the monetary system? It was this that left me questioning to what extent facts had been shaped to fit Rickards' argument as opposed to Rickards' argument being shaped by facts. That's not to say that the argument isn't worth listening to and thinking about. I've long believed that if a significant portion of the oil producers decided to request payment in something other than US$ and Rickards shows just how and why such a thing may happen.

## Frequently Bought Together

- Currency Wars: The Making of the Next Global Crisis
- Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos
- The Death of Money: The Coming Collapse of the International Monetary System

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*Last updated: 2026-05-19*