Currency Wars : The Making of the Next Global

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. Left unchecked the next currency war could lead to a crisis worse than the panic of 2008.The next crash is overdue. Recent headlines about the Eurozone crisis, the bailouts for Greece, riots caused by austerity measures as well as the debasement of the dollar.

Preface	p. xiii
War Games	p. 1
Prewar	p. 3
Financial War	p. 17
Currency Wars	p. 35
Reflections on a Golden Age	p. 37
Currency War I (1921-1936)	p. 56
Currency War II (1967-1987)	p. 78
Currency War 111(2010-)	p. 98
The G20 Solution	p. 125
The Next Global Crisis	p. 143
Globalization and State Capital	p. 145
The Misuse of Economics	p. 168
Currencies, Capital and Complexity	p. 195
Endgame-Paper, Gold or Chaos?	p. 226
Conclusion	p. 255
Afterword	p. 259
Acknowledgments	p. 267
Notes	p. 271
Selected Sources	p. 279
Index	p. 289
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Currency Wars : The Making of the Next Global Crisis

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