The Death of Money (47 page)
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Authors: James Rickards
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The page numbers in this index refer to the printed version of this book. The link
provided will take you to the beginning of that print page. You may need to scroll
forward from that location to find the corresponding reference on your e-reader.
Abraham,
217
Adenauer, Konrad,
116
Afghanistan,
55
Aid, Matthew,
53
AIG,
77
Albania,
136
Aldrich, Nelson,
199
allocated gold transactions,
275
Alpert, Dan,
245
alternative funds,
299
–300
Ambinder, Marc,
63
American Airlines,
18
,
20
,
21
,
24
,
25
,
26
,
27
–28,
35
,
36
Ames, Paul,
143
ANZ Bank,
227
Arab Spring,
3
ARPANET,
174
Articles of Agreement, IMF,
199
,
212
–14,
235
Åslund, Anders,
142
asset swaps,
80
–81
Associated Press,
59
asymmetric markets,
83
–88
Atta, Mohamed,
24
–25
Australia,
281
autonomous agents,
266
Azerbaijan,
233
Aziz, Shaukat,
31
Backus, David K.,
74
backwardation, of gold futures contracts,
285
Baker, James,
177
Balko, Radley,
294
bank deposit risk,
218
–19
bank failure risk,
218
Bank for International Settlements (BIS),
213
,
276
–78
banking risk,
11
–12
Bank of England (BOE),
159
–60,
161
–62,
223
,
230
Bank of Japan (BOJ),
160
,
161
–62
Bank of the United States,
199
barter,
254
–55
BELLs (Bulgaria, Estonia, Latvia, Lithuania),
140
–146
economic responses to 2008–9 crisis and subsequent recovery in,
142
–46
euro peg/conversion in,
141
,
144
–45
Berlin Consensus,
121
–27
cooperative labor-management relations pillar of,
123
–24
efficient labor pillar of,
124
–25
innovation and technology pillar of,
122
low-corporate-tax-rates pillar of,
122
low-inflation pillar of,
122
–23
positive business climate pillar of,
125
–26
Bernanke, Ben,
262
cheap-dollar policy of,
129
,
157
–59
information’s role in efficient markets, analysis of,
84
,
85
–86,
87
London speech of,
158
–59
bitcoin,
254
Black Death,
115
Black Monday,
270
Blackstone Group,
51
–52
Bloomberg, Michael,
294
–95
Boeing Corporation,
58
–59
Boesky, Ivan,
18
bond markets,
180
Bosnia,
136
Brazil,
139
.
See also
BRICS (Brazil, Russia, India, China, South Africa)
gold-to-GDP ratio of,
281
IMF commitment of,
202
inflation in,
3
Bretton Woods system,
118
,
208
–9,
235
,
290
BRICS (Brazil, Russia, India, China, South Africa),
139
–40,
146
–50
foreign policy coordination by,
149
–50
IMF voting reform requested by,
148
multilateral lending facility proposed by,
148
–49
UN Security Council expansion sought by,
147
–48
British Banking School,
168
BRITS,
177
–83
Bronze Age collapse,
5
Bulgaria.
See
BELLs (Bulgaria, Estonia, Latvia, Lithuania)
Burlington Northern Santa Fe Railway,
170
Burns, Arthur,
271
Bush, George H. W.,
210
C-20 (Committee of Twenty),
235
–36
Cantillon, Richard,
7
capital flight, from China,
104
–6
Carolingian Renaissance,
113
Carter administration,
235
cash, as investment,
300
central banks
Bank of England (BOE),
159
–60,
161
–62,
223
,
230
Bank of Japan (BOJ),
160
,
161
–62
Bank of the United States,
199
central planning of,
69
–72
European Central Bank (ECB),
117
,
172
Federal Reserve (See Federal Reserve)
gold acquisition by, since 2010,
225
–30
gold market manipulation by,
271
–81
IMF as de facto,
199
–207
purpose of,
199
Second Bank of the United States,
199
Central Intelligence Agency (CIA)
MARKINT and,
37
–39
Project Prophesy and,
28
–34
Rauf plot and,
36
–37
“Challenge of Information Warfare, The” (Pufeng),
44
chartalism (state theory of money),
168
–69
chartal money,
168
cheap-dollar policy of Federal Reserve.
See
easy-money policy of Federal Reserve
Cheney, Dick,
37
Chen Zhou,
43
–44
Chiang Kai-shek,
91
China,
97
–111,
139
,
151
,
152
,
233
.
See also
BRICS (Brazil, Russia, India, China, South Africa)
Beijing Consensus and,
120
–21
capital flight from,
104
–6
centralization, disintegration, and recentralization history of,
90
–92
central planning, failure of,
69
collapse of, implications of,
297
–98
Cultural Revolution in,
92
dollar investments of,
44
economic growth of,
93
–96
elite/oligarch class in,
97
–98,
101
,
104
–11
financial warfare capabilities of,
45
–46,
51
–53
gold accumulation by,
12
,
61
,
226
–30,
282
–84,
296
gold as percentage of reserves of,
279
gold-to-GDP ratio of,
157
,
281
–82
IMF commitment of,
202
income inequality in,
106
inflation in,
3
infrastructure spending in,
98
–101,
107
–8
investment in European Union (EU),
126
–27
investment/malinvestment in economy of,
95
–101,
107
–110
iron rice bowl principle in,
93
rebalancing of economy from investment to consumption and,
98
,
107
–110
shadow finance system in,
101
–4
state-owned enterprises (SOEs) in,
97
–98,
107
Taiping Rebellion,
91
unrestricted warfare doctrine and,
44
–45
U.S.-Iran financial war and,
56
,
57
Warlord Period,
91
Warring States period,
90
China Daily
,
52
China Investment Corporation (CIC),
51
China National Petroleum Corporation,
97
China Petrochemical Corporation (SINOPEC),
97
China Railway Corporation,
255
China State Shipbuilding Corporation,
97
China Telecom,
97
Citigroup,
196
civilizational collapses,
5
Clinton, Bill,
210
cluster paradigm,
192
–93,
194
,
198
codetermination,
123
–24
Cohen, David,
54
Coinage Act of 1792,
217
collapse
civilizational,
5
financial,
265
–67
of international monetary system,
5
market,
11
–12
warning signs of,
295
–98
collateral swaps,
188
College of Europe,
116
commodities,
217
financial collapse and,
265
–67
market collapse and,
11
–12
phase transitions in,
172
,
265
,
289
–90
computational complexity theory,
71
confidence, in U.S. dollar,
253
–56,
291
confirmation bias,
26
continuity of government operations,
63
contract theory of money (contractism),
165
–67,
169
corporate tax rates,
122
correlations,
4
–5
Cosco,
133
Counter-Reformation,
115
credit, in premoney economies,
255
creditism,
168
–69
credit risk,
218
criticality,
270
Croatia,
136
Croseus, King,
217
“Crunch Time: Fiscal Crises and the Role of Monetary Policy” (Mishkin),
286
–87
Crusades,
115
currency war,
159
cyberattacks,
59
–60
cyclical downturns,
197
–98
Dam, Kenneth W.,
209
–10
Da Silva, Tekoa,
236
Davoudi, Parviz,
151
“Day After, The” (Ambinder),
63
debasement, of money,
172
Federal Reserve monetary policy’s relation to,
176
–77,
180
–89
Federal Reserve Notes as,
167
monetization of,
287
–88
tests for acceptable government spending,
173
–76
of United States,
171
–73
Debt-Deflation Theory of Great Depressions, The
(Fisher),
246
–47
of United Kingdom,
159
defensive aspects of financial war,
46
deflation,
9
–11,
76
–83,
243
–52,
256
–64
banking system, impact on,
9
,
259
Chinese imports and,
76
debt-to-GDP ratio and,
9
,
258
–59
deleveraging after housing market collapse and,
76
–77
government debt repayment and,
9
,
258
Greenspan’s response to,
76
versus inflation, in depression of 2007 to present,
243
–52,
260
,
290
–91
