3 Review(s)

The Death of Money: The Coming Collapse of the International Monetary System is the sequel to national bestseller ‘Currency Wars’. In this book, the author predicts the upcoming downfall of the global monetary system and shows the investors how to survive it. Summary of the Book In The Death of Money, the author predicts the collapse of the international monetary system in near future. The author explains that the international monetary system has crashed thrice in the last hundred years, in 1914, 1939 and 1971 and the next is going to happen very soon. The author further writes that this time dollar will not be able to save the investors, but it would be the major reason behind the collapse. The book provides the readers with a deep insight into the world of finance. The world is experiencing a global money experiment in which the everyday citizens and investors are merely guinea pigs for the central bankers. The book will also help the readers distinguish money from wealth. According to the author, money is transitory and may soon become worthless, but wealth, like gold, land and fine art, is permanent and its value will only appreciate with time. Investors who have been wise enough to covert money into wealth will only be able to pull through the economic crisis. The book very clearly portrays the death of money and helps the readers prepare for the worst. About James Rickards James Rickards is the bestselling author of Currency Wars, which has been translated into 8 different languages. James works as a portfolio manager and an advisor on international economics and financial threats to the Department of Defense and the U.S. intelligence. In the financial war games conducted by Pentagon, he had served as a facilitator. He is based out of Connecticut.