1.

Record Nr.

UNINA9910814256603321

Autore

Denninger Karl <1963->

Titolo

Leverage [[electronic resource] ] : how cheap money will destroy the world / / Karl Denninger

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, c2012

ISBN

1-118-16616-7

1-283-40126-6

9786613401267

1-118-16614-0

Descrizione fisica

1 online resource (225 p.)

Disciplina

332

Soggetti

Financial leverage

Debt

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

An economic future for America -- Principles of financial leverage -- The aughts or the aught-not-haves -- The failure of kicking the can.

Sommario/riassunto

How the wealthy and powerful abuse finance to skim immense profits Debasement of the dollar as a result of ill-use of leverage is destroying the global economy, and in Leverage, well known market commentator Karl Denninger follows the path of money throughout history to prove that currencies are debased when moneyed and powerful interests pull the levers of government and policy to enrich themselves at the expense of the masses. The result is ugly: the value of everything-including gold-falls, and even personal safety is at risk in a world where there is limited money even for