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The Dollar Crisis: Causes, Consequences, Cures

Richard Duncan




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 | #835994 in eBooks |  2011-10-31 |  2011-10-31 | File type: PDF

||73 of 73 people found the following review helpful.| The Downside of the Dollar Standard|By Izaak VanGaalen|Since the breakdown of Bretton Woods in the early 1970's and the end of the gold standard, the dollar has become the international reserve currency. The 20 years prior to 1970 international reserves increased only about 55%, but since 1970, with the adoption of the dollar standard, reserves have increased over 2,000%. T| |Posterity may remember The Dollar Crisis as a seminal book in the field of 21st century economics. Indeed, rarely has a book offered such a grim yet, well argued view of the current economic situation facing the world.-- Steven Irvine, Fin

In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump.

The Dollar Crisis is divided into five parts:

Part One describes how the US trade deficits, which now exceed US$1 million ...

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