The Death of Money
The Coming Collapse of the International Monetary System
by:
James Rickards
in:
Economics
Summary:
The book explores the vulnerabilities of the global financial system, including the risks of currency wars, hyperinflation, and the potential breakdown of fiat currencies. It discusses how these factors could lead to a catastrophic monetary collapse and suggests strategies for individuals to protect their wealth.
Key points:
1. International Monetary System's Instability: Rickards warns that the US dollar-based monetary system is fragile and near collapse due to US debt, Federal Reserve policies, and potential financial or cyber attacks.
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