Free Download The Power of Money PDF
Download and Read The Power of Money Book PDF
ByArmand Van Dormael
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“If we encounter a man of rare intellect, we should ask him what books he reads.” –Ralph Waldo Emerson
Synopsis
A highly readable account of the collision between sovereign states and global economic forces for the control of money. Throughout the ages money was a prerogative of national sovereignty and currency management was the responsibility of governments. Bretton Woods provided the post-war framework for intergovernmental monetary cooperation until the banking community, using the Eurodollar as an international medium of exchange, forced governments to adopt a regime of floating rates in the 1970s. The book describes the development of the Eurodollar market and the consequences for world finance as a new breed of financiers and currency traders radically changed the nature of international banking.
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