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Leverage: How Cheap Money Will Destroy the WorldBy Karl Denninger, Charles Hugh Smith
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How the wealthy and powerful abuse finance to skim immense profits
Debasement of the dollar as a result of ill-use of leverage is destroying the global economy, and in Leverage, well known market commentator Karl Denninger follows the path of money throughout history to prove that currencies are debased when moneyed and powerful interests pull the levers of government and policy to enrich themselves at the expense of the masses. The result is ugly: the value of everything - including gold - falls, and even personal safety is at risk in a world where there is limited money even for essentials like food and fuel. History is littered with the collapse of monetary and economic systems from Rome to Germany to Zimbabwe.
- Sales Rank: #108839 in Audible
- Published on: 2012-08-01
- Format: Unabridged
- Original language: English
- Running time: 416 minutes
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