Karl Denninger, Charles Hugh Smith · ISBN 9781118122846
Leverage | Zookal Textbooks | Zookal Textbooks
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Publisher John Wiley & Sons Inc (US)
Author(s) Karl Denninger / Charles Hugh Smith
Subtitle How Cheap Money Will Destroy the World
Edition 1
Published 22nd November 2017
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How Cheap Money Will Destroy the World

How the wealthy and powerful abuse finance to skim immense

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.

  • Presents an inside look at how moneyed and powerful interests
    debase the dollar through the willful and intentional failure to
    honestly represent short and long-term mathematical truths that
    underlie all economic systems

  • Shows how, if imbalances are not corrected, financial crises
    will reoccur again and again

  • Authored by Karl Denninger, who has been running the popular
    website The Market Ticker since 2007


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