Currency Wars

Brought to you by Penguin.'One of the scariest books I've read... The picture that emerges is dark yet comprehensive and satisfying' Bloomberg Businessweek'Let's hope he's wrong' Financial TimesIn his latest book, financial expert, investment advisor and New York Times bestselling author James Rickards shows how currency wars are one of the most destructive and feared outcomes in international economics.------------------------------------------------------------------------At best, they offer the sorry spectacle of countries stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation and sometimes actual violence.From clandestine gold purchases by China to the hidden agendas of sovereign wealth funds, Rickards shows how currency wars pose the greatest threat to international security and even the very real danger of the collapse of the financial system itself.'Unsettling...fascinating...a thorough analysis of how nations have manipulated their currencies...with disastrous consequences' Fort Worth Star-Telegram