Item Details

The Big Reset [electronic resource]: Gold Wars and the Financial Endgame

Willem Middelkoop
Format
EBook; Book; Online
Published
Amsterdam : Amsterdam University Press, [2014]
Language
English
Variant Title
Cover subtitle: War on gold and the financial endgame
Gold wars and the financial endgame
ISBN
9789089645999, 9089645993
Summary
What is money really worth any more? This compelling study outlines the rise of 'fiat' money and its associated economic implications. The author provides enough circumstantial evidence to claim a secret War on Gold since the London Gold Pool of the 1960s, highlighting gold's traditional role as the anchor of financial systems. To combat the economic fallout of the credit crisis, governments have allowed their budgetary deficit to increase dramatically. To redress that imbalance, they then have to sell enormous amounts of bonds. As investors stop buying bonds, central banks have to step up to the plate by printing more and more money. Piling more and more bad debt onto the balance sheets of central banks is not a sustainable way to revive the economy. Middelkoop highlights the process as part of our economic endgame which he predicts will eventually lead to a big reset of our worldwide financial system.
Contents
  • The history of money
  • Central bankers : the alchemists of our time
  • The history of the dollar
  • A planet of debt
  • The war on gold
  • The big reset.
Description
Mode of access: World wide Web.
Notes
Includes bibliographical references (pages 251-257).
Logo for Copyright Not EvaluatedCopyright Not Evaluated
Technical Details
  • Access in Virgo Classic

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