The Dollar Crisis: Causes, Consequences, Cures and over one million other books are available for Amazon Kindle. Learn more
Qty:1
  • List Price: $28.00
  • Save: $6.83 (24%)
FREE Shipping on orders over $35.
Only 15 left in stock (more on the way).
Ships from and sold by Amazon.com.
Gift-wrap available.
The Dollar Crisis: Causes... has been added to your Cart
FREE Shipping on orders over $35.
Used: Acceptable | Details
Condition: Used: Acceptable
Comment: remarkably marked plus worn out.Readable copy. All pages complete and readable but expect worn edges, covers, and creases. There is no Amazon condition below acceptable.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The Dollar Crisis: Causes, Consequences, Cures Paperback – June 22, 2005


See all 4 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle
"Please retry"
Paperback
"Please retry"
$21.17
$4.79 $0.01
Best%20Books%20of%202014

Special Offers and Product Promotions

  • Take an Extra 30% Off Any Book: Use promo code HOLIDAY30 at checkout to get an extra 30% off any book for a limited time. Excludes Kindle eBooks and Audible Audiobooks. Restrictions apply. Learn more.

  • Get a $100 Amazon.com Gift Card: Get the Discover it card and get a $100.00 Amazon.com Gift Card* after your first purchase within 3 months. Learn more.

Frequently Bought Together

The Dollar Crisis: Causes, Consequences, Cures + The New Depression: The Breakdown of the Paper Money Economy
Price for both: $45.00

One of these items ships sooner than the other.

Buy the selected items together

NO_CONTENT_IN_FEATURE

Best Books of the Year
Best Books of 2014
Looking for something great to read? Browse our editors' picks for 2014's Best Books of the Year in fiction, nonfiction, mysteries, children's books, and much more.

Product Details

  • Paperback: 288 pages
  • Publisher: Wiley; 1 edition (June 22, 2005)
  • Language: English
  • ISBN-10: 0470821701
  • ISBN-13: 978-0470821701
  • Product Dimensions: 6 x 1.1 x 9 inches
  • Shipping Weight: 1.1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (88 customer reviews)
  • Amazon Best Sellers Rank: #314,223 in Books (See Top 100 in Books)

Editorial Reviews

Review

Posterity may remember The Dollar Crisis as a seminal book in the field of 21st century economics. Indeed, rarely has a book offered such a grim yet, well argued view of the current economic situation facing the world.-- Steven Irvine, FinanceAsia Duncan writes like a man who’s already seen tomorrow. -- James Grant, Grant’s Interest Rate Observer

I held a class for about 150 people on the book entitled "The Dollar Crisis," authored by Richard Duncan. If you want to better understand why the real estate bubble bust and the crash of the dollar will probably lead to a prolonged recession, you may want to read this book sooner rather than later. In a nutshell, we really do not have a real estate bubble... the world is in a currency bubble. In other words, the governments of the world have printed too much "funny" money and cash will soon turn to trash.  Even if you are not in real estate or are saving dollars, you may want to read this book to find out what you need to invest in now, before the bubble bursts. If you are in stocks and mutual funds, you definitely want to read this book.-- Robert Kiyosaki, author of Rich Dad, Poor Dad

I would like every one of my subscribers to click on to Amazon.com and buy a new book that has just been published entitled, “The Dollar Crisis, Causes, Consequences, Cures.”  The book costs around twenty bucks and is worth ten times that amount.  The author, Richard Duncan has a great background and is as smart as they come.  He explains why he sees a crashing dollar and a severe recession coming up in the US – plus a world recession.  This is no wild-eyed guru, this is a guy who knows what he’s talking about and a guy who understands money and the world monetary system – he’s worked for both the World Bank and the International Monetary Fund.  Please buy this book!-- Richard Russell, Dow Theory Letters

Richard Duncan crisply explains why payback time for years of credit excesses, payments imbalances and securitized sub-par lending is imminent. Mr Greenspan, your time is up. --Philip Bowring, International Herald Tribune

Richard Duncan’s excellent book… we cannot recommend it enough.-- Bill Bonner, The Daily Reckoning

Richard Duncan… is one of the brightest financial analysts I know. Richard is the author of one of my favorite books called The Dollar Crisis: Causes, Consequences, Cures.-- John Mauldin, Thoughts from the Frontline

For a preview of how it might play out, consult Richard Duncan’s recently revised book, The Dollar Crisis:  Causes, Consequences, Cures.  Just try to sleep after digesting its thesis that the world’s biggest economy is looking like a huge and growing Ponzi scheme.--William Pesek Jr., International Herald Tribune

From the Inside Flap

"Posterity may remember The Dollar Crisis as a seminal book in the field of 21st century economics. Indeed, rarely has a book offered such a grim yet, well argued view of the current economic situation facing the world."
—Steven Irvine, FinanceAsia

"Duncan writes like a man who's already seen tomorrow."
—James Grant, Grant's Interest Rate Observer

"I held a class for about 150 people on the book entitled "The Dollar Crisis," authored by Richard Duncan. If you want to better understand why the real estate bubble bust and the crash of the dollar will probably lead to a prolonged recession, you may want to read this book sooner rather than later. In a nutshell, we really do not have a real estate bubble... the world is in a currency bubble. In other words, the governments of the world have printed too much "funny" money and cash will soon turn to trash. Even if you are not in real estate or are saving dollars, you may want to read this book to find out what you need to invest in now, before the bubble bursts. If you are in stocks and mutual funds, you definitely want to read this book."
—Robert Kiyosaki, author of Rich Dad, Poor Dad

"I would like every one of my subscribers to click on to Amazon.com and buy a new book that has just been published entitled, The Dollar Crisis, Causes, Consequences, Cures. The book costs around twenty bucks and is worth ten times that amount. The author, Richard Duncan has a great background and is as smart as they come. He explains why he sees a crashing dollar and a severe recession coming up in the plus a world recession. This is no wild-eyed guru, this is a guy who knows what he's talking about and a guy who understands money and the world monetary system – he's worked for both the World Bank and the International Monetary Fund. Please buy this book!"
Richard Russell, Dow Theory Letters

"Richard Duncan crisply explains why payback time for years of credit excesses, payments imbalances and securitized sub-par lending is imminent. Mr Greenspan, your time is up."
International Herald Tribune

"Richard Duncan's excellent book… we cannot recommend it enough."
—Bill Bonner, The Daily Reckoning

"Richard Duncan... is one of the brightest financial analysts I know. Richard is the author of one of my favorite books called The Dollar Crisis: Causes, Consequences, Cures."
—John Mauldin, Thoughts from the Frontline

"For a preview of how it might play out, consult Richard Duncan's recently revised book, The Dollar Crisis: Causes, Consequences, Cures. Just try to sleep after digesting its thesis that the world's biggest economy is looking like a huge and growing Ponzi scheme."
—William Pesek Jr., International Herald Tribune


More About the Author

Since beginning his career in Hong Kong in 1986, Richard Duncan has served as global head of investment strategy at ABN AMRO Asset Management in London, worked for the World Bank in Washington D.C., headed equity research departments in Bangkok and consulted for the IMF. He is now chief economist at Blackhorse Asset Management in Singapore.

Richard has appeared frequently on CNBC, CNN, BBC and Bloomberg Television and is a well-known speaker. He studied literature and economics at Vanderbilt University (1983) and international finance at Babson College (1986); and, between the two, spent a year backpacking around the world.

For updates on the author's views, please see his website/blog, Economics In The Age Of Paper Money:
http://www.richardduncaneconomics.com/

Customer Reviews

As a result the U.S. dollar became the world's reserve currency.
Readtoawake
Even that comparison is not entirely accurate, because guns actually do provide a much simpler method for a person to take another's life than other available means.
A. Lee
It is a very well researched book and therefore very informative and educating.
Abdulmuhsen Al-Meshaan, Kuwait

Most Helpful Customer Reviews

70 of 70 people found the following review helpful By Izaak VanGaalen on July 26, 2005
Format: Paperback Verified Purchase
Since the breakdown of Bretton Woods in the early 1970's and the end of the gold standard, the dollar has become the international reserve currency. The 20 years prior to 1970 international reserves increased only about 55%, but since 1970, with the adoption of the dollar standard, reserves have increased over 2,000%. This is primarily a result of US current account deficits, which last year ran about $600 billion - about 3% of GDP. Asian central banks hold about $2 trillion US dollar-denominated reserve assets. This surge in international reserves has created huge imbalances and it is the subject of this book by financial analyst Richard Duncan.

The dollar standard has allowed the US to finance incredibly large deficits by printing more dollars. The dollar standard has on the upside ushered in the age of globalization that has allowed Asian economies - first Japan, then the Tigers, and now China - to devolop by exporting to the US without importing equal amounts, leaving Asian central banks with large stockpiles of dollar reserves. And what can Asian central banks do with these reserves? About the only thing they can do is invest in US corporate stocks and bonds, T-bills, and US agency debt such as Fannie Mae and Freddie Mac. (We've been enjoying low mortgage rates because the Asian central banks buy up our debt so we can take out more.) And all these investments in return allow US consumers to buy more of their exports - call it vendor financing.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
161 of 174 people found the following review helpful By RAS on September 13, 2003
Format: Hardcover Verified Purchase
Richard Duncan's "The Dollar Crisis" is written in a fairly straightforward manner. It is a distillation of ideas about the monetary system, and facts and figures and examples. He tries to highlight key facts and ideas, and repeat them sufficiently so you won't miss them.
In this sense its rather good for someone who is not a specialist in this area, or has not been exposed lately to some of the concepts of international monetary exchange. I have an MBA, and a solid background in economics, and found the level to be just a little tedious in places but overall very good for review, and adequate for refreshing my memory.
It may not appeal to readers with no experience in economics or financial matters, since they will need an introduction to what money really is all about, and how an economy functions. It will also not appeal to dogmatic economists, but then, nothing but their own schools ever do anyway.
I am rather enjoying the book, and recommend it to anyone who wishes to delve further into the impact of the money system on macroeconomics and the world's finances, beyond the decision for 'the next trade.'
This book is helping me to think about the dollar as a 'medium of exchange' in a more theoretical manner. It is helping me to focus some of my own thoughts on the subject, and provided a good of the international accounting system.
We really are in uncharted waters. Never before in history has the world had a 'reserve currency' that is relatively unrestrained, with a 'master' who is willing and able to debase it to suit their policy needs, and manipulate markets in concert with their peers to prolong the situation and defeat the regulating systems of the markets, such as interest rates and exchange values.
Read more ›
4 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
102 of 109 people found the following review helpful By Mr. Roger H. Geyer on January 2, 2004
Format: Hardcover Verified Purchase
This book presents a fact and chart filled analysis of the recent history of the U.S. economic big picture, and how this fits into the global scenario. From this, Mr. Duncan explains his conclusions on why and when the U.S. dollar will plumment.
He must be commended for all the research and the way the many charts and explanations build a solid case that there IS a considerable long term risk to the dollar, unless the current overall trends (public and private) in the U.S. economy change.
As a layman student of the markets and economics, I found this a very interesting read, and believe that the information presented is valuable to everyone who has a lot of dollar denominated investments.
My main concern, is the author makes the all too common mistake in assuming:
a. His scenario is absolutely certain.
b. His timing (e.g. in our face) of the coming event is certain.
c. His solutions would work, and are a must.
Having read maybe 100 investment books in the last 25 years and having gained a fair amount of experience and perspective, I'll opine that this is vastly overstating his case. More realistically, he makes a strong case for why there are serious risks in a dollar-dominated portfolio, and therefore implicitly makes a strong case for a significant diversification to a global or asset (i.e. real estate, art, etc) segment of a prudent investor's portfolio.
If Mr. Duncan had invested solid effort at the end of the book in providing cogent information about what the typical American investor could do to protect him/herself, instead of trying to convince his audience that he's absolutely right and the problem is imminent -- then this book would have earned 5 stars.
As it is, the reader is forced to come up with the (balanced portfolio) advice on their own, which may well require more investment experience than the average reader can be expected to have.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Most Recent Customer Reviews