“The fact that global savers accommodate U.S. consumers by keeping U.S. interest rates lower than they otherwise would be and the dollar stronger than it otherwise would be is simply a manifestation of America's comparative advantage at supplying wealth storage facilities.” FactsWould BeAmericaInterestWealthBalanceAdvantageStrongerTradeDollarsRateConsumersManifestationFacilityAccommodateInterest RateImbalanceStorageComparative Advantage Author:John H. Makin
“The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book.” NeedsBookCausesNaturalTeacherStudentsSeriousRootsAccountsStressCrisisFinancialMassiveFinancial CrisisFinancial SystemRoot Cause Author:John H. Makin
