Leverage

How Cheap Money Will Destroy the World

By: Karl Denninger, Charles Hugh Smith

Narrated by: Paul Christy

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 essentials like food and fuel. History is littered with the collapse of monetary and economic systems from Rome to Germany to Zimbabwe.

• Shows how, if imbalances are not corrected, financial crises will reoccur again and again
• Authored by Karl Denninger, who has run the popular website The Market Ticker

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2012 Karl Denninger (P)2012 Gildan Media

Great book

This book should be read by everyone. It highlights the flaws in our economic and political system, but also suggests concrete ways to fix these flaws.
(I ended up listening at 1.3x speed, can be recommended if you like a more snappy read)