- Money illusion : The lag of comprehension of inflation by central bank. It is an opportunity for bankers and smart investors to capture the wealth while general public are left with devalued savings and pensions.
- Question: How does investor achieve this?
- Possible causes for dollar collapse and global financial system collapse outlined in the introduction chapter:
- Financial war
- Inflation
- Deflation
- Chapter 1 Prophesy
- john mulheren
- allen m. poteshman
- signal amplication
- randy tauss
- steve levitt
- dave davos nolan
- red teaming
- chris ray
- lenny raymond
- mike morell
- Chapter 2 The war god's face
- Mirror imaging
- Andy Marshall
- Chapter 3 Ruin of the market
- Adam Smith, The theory of moral sentiments
- Friedrich Hayek, The use of knowledge in society
- Charles Goodheart, Goodheart law
- Wealth effect
- George Akerloft, information asymmetry
- Ben S. Bernanke, Irreversibility, uncertainty and cyclical investment
- Regime uncertainty, by Charles Kindleberger
- Chapter 4 China's new financial warlords
- Chapter 5 The new German Reich
- Downward norminal wage rigidity
- Internal adjustment through lower wages vs external adjustment through cheap currency and inflation
- sticky wage theory by Keynes
- Chapter 6
- Chapter 7
- 3 views on money: Monetarism, Chatalism, Creditism
Thursday, January 19, 2023
Book Review: The death of money, The coming collapse of the international monetary system by James Rcikards
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment