Currency Wars: The Making of the Next Global Crisis (45 page)

Read Currency Wars: The Making of the Next Global Crisis Online

Authors: James Rickards

Tags: #Business & Economics

BOOK: Currency Wars: The Making of the Next Global Crisis
4.64Mb size Format: txt, pdf, ePub
extreme events, in complex systems
 
 
Fannie Mae and Freddie Mac
 
Federal Open Market Committee
 
Federal Reserve Act of 1913
 
Federal Reserve Bank of New York
 
Federal Reserve Bank of St. Louis
 
Federal Reserve, U.S.
 
bank regulation
 
Board of Governors
 
on classical gold standard
 
in creating a new gold-backed system
 
creation of
 
current assets of
 
Dodd-Frank reform legislation of 2010 and
 
and dollar price stability
 
gold and money supply during 1930s
 
gold and money supply in 2011
 
handling of its own balance sheet
 
and IMF
 
IOUs to the Treasury
 
as lender of last resort
 
and management of unemployment
 
mandates of
 
mercantilism compared to
 
and monetarism
 
quantitative easing program
 
Financial Crisis Inquiry Commission
 
financial economics
 
financial war game
 
financial warfare strategy
 
First National Bank of New York
 
First National City Bank of New York
 
fixed exchange rates
 
floating exchange rates, 1970s
 
Fort Knox, Kentucky
 
Foundations of Economic Analysis
(Samuelson)
 
fractal dimension
 
framing, in economics
 
France
 
currency collapse in 1920s
 
and European sovereign debt crisis of 2010
 
gold reserves
 
and gold standard
 
invasion of Germany’s Ruhr Valley
 
Paris Peace Conference of 1919
 
Treaty of Versailles
 
and Tripartite Agreement of 1936
 
withdrawal from London Gold Pool
 
free-floating currency
 
free trade barriers
 
Friedman, Milton
 
 
Gallarotti, Giulio M.
 
Gates, Robert
 
Gazprom
 
Geithner, Timothy
 
General Agreement on Tariffs and Trade (GATT)
 
General Electric (GE)
 
General Motors (GM)
 
Genoa Conference of 1922
 
Germany
 
bilateral trade relations with China
 
currency collapse in 1920s
 
and European sovereign debt crisis of 2010
 
and G20
 
gold reserves
 
and gold standard
 
and panic of 1931
 
reichsmark
 
rentenmark
 
rise of Nazi party
 
support for euro
 
trade deficits during 1980s
 
and U.S. in London Gold Pool
 
Weimar hyperinflation
 
and World War I reparations
 
Gertz, Bill
 
Gini coefficient
 
global corporations
 
globalization
 
gold
 
and Bretton Woods system
 
China’s 2009 five hundred metric tons of gold transfer
 
classical gold standard of 1870 to 1914
 
as currency anchor
 
FDR’s gold confiscations
 
flaws in 1920s gold exchange standard
 
flexible gold standard
 
France and desire to return to gold standard
 
Genoa Conference and return to gold standard
 
gold clauses in contracts
 
gold SDR
 
gold standard during war time
 
gold standard, return to
 
and Great Depression
 
international gold reserves
 
London Gold Pool
 
1930s deflation and U.S. gold devaluation
 
under Nixon’s New Economic Policy
 
and Panic of 1931
 
vs. paper money
 
prices during U.S. recessions, 1970s to 1980s
 
pure gold standard
 
stocks and
 
two-tier system, creation of
 
U.S. and dollar-gold parity
 
U.S. gold reserves
 
gold bullion and coins
 
gold mining
 
Gold Reserve Act of 1934
 
Gold Standard Acts of 1900 and 1925
 
Goldman Sachs
 
Gramm, Phil
 
Great Depression
 
beggar-thy-neighbor devaluations during
 
Federal Reserve role during
 
France and
 
gold as contributing factor to
 
impact on U.S. economy
 
Greece
 
Greenspan, Alan
 
gross domestic product (GDP)
 
in China
 
four components of growth in
 
major currencies and
 
monetarism and changes in
 
U.S. consumer and growth of
 
in U.S. during Kennedy-Johnson years
 
U.S. economy and 2011
 
Group of Eight (G8)
 
Group of Seven (G7)
 
Group of Ten (G10)
 
Group of Twenty (G20)
 
Brazil and
 
and Panic of 2008
 
and SDRs
 
2008 Summit on Financial Markets and the World Economy
 
2009 Pittsburgh G20 summit
 
2011 Cannes, France G20 summit
 
U.S. rebalancing plan and
 
Group of Two (G2)
 
Gutfreund, John
 
 
Halliwell, Steve
 
Hamilton, Alexander
 
hedge funds
 
Hemingway, Ernest
 
Herodotus
 
heuristics, in economics
 
Hitler, Adolf
 
Hoover, Herbert
 
Hu Jintao
 
Hua Guofeng
 
Hughes, Charles Evans
 
Humphrey-Hawkins Full Employment Act of 1978
 
hyperinflation
 
 
import surtax
 
India
 
Indonesia
 
inflation
 
caused by U.S. QE programs
 
China’s levels during 1980s and 2011
 
dollar inflation
 
monetarism and fears of
 
in 1920s Germany
 
and 1930s deflation
 
stagflation in U.S. during 1970s
 
U.S. levels during 1960s and 1980s
 
interdependence, in complex systems
 
interest rates
 
interesting in-between, in complex systems
 
International Emergency Economic Powers Act of 1977 (IEEPA)
 
International Monetary Fund (IMF)
 
Brazil and
 
under Bretton Woods system
 
creation of special drawing rights (SDRs)
 
in currency wars
 
declares end of Bretton Woods system
 
G20 and
 
Germany and gold accumulation from
 
as global central bank
 
global reserve currencies database
 
and Nixon’s import surtax
 
and SDRs
 
international monetary system
 
international trade, gold standard in
 
Iran
 
Ireland
 
“iron rice bowl” welfare policy, China’s 1990s
 
isolation, in economics
 
Israel
 
Italy
 
 
Jackson, Andrew
 
January effect
 
Japan
 
and gold standard
 
invasions and conquests by
 
and Panic of 1931
 
rare earth exports skirmish with China
 
trade deficits during 1980s
 
2011 earthquake/tsunami in Sendai
 
U.S. mortgage crisis and Japanese stocks
 
yen and Nixon’s New Economic Policy
 
yen-dollar relationship after 2011 earthquake in
 
Johnson, Lyndon B.
 
J. P. Morgan & Company
 
JPMorgan Chase
 
 
Kahneman, Daniel
 
Kennedy, John F.
 
Keynes, John Maynard
 
Keynesianism
 
Knickerbocker Trust, New York
 
Koch, Ed
 
Krugman, Paul
 
Kuhn, Loeb & Company
 
Kumhof, Michael
 
 
Lagarde, Christine
 
Lausanne Conference, 1932
 
law of diminishing returns

Other books

Torn From the Shadows by Yolanda Sfetsos
White Water by Linda I. Shands
Sweet Texas Fire by Nicole Flockton
The Stalin Epigram by Robert Littell
The Shadowlands by Emily Rodda
A Tidewater Morning by William Styron