The story of silver. How the white metal shaped America and the Modern World

 

 

William L. Silber

Editorial: Princeton University Press
Fecha publicación: 2019

ISBN: 9780691175386

Páginas: 328

 

SINOPSIS:  This is the story of silver’s transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the U.S. economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan’s rise to power before World War II. Bunker Hunt went on a silver-buying spree during the 1970s to protect himself against inflation and triggered a financial crisis that left him bankrupt.

Silver has been the preferred shelter against government defaults, political instability, and inflation for most people in the world because it is cheaper than gold. The white metal has been the place to hide when conventional investments sour, but it has also seduced sophisticated investors throughout the ages like a siren. This book explains how powerful figures, up to and including Warren Buffett, have come under silver’s thrall, and how its history guides economic and political decisions in the twenty-first century.

Recomendados

Nuevo libro sobre salud e historia económica desde Brasil

La editorial Hucitec acaba de publicar el libro Na saúde e na doença história, crises e epidemias. Reflexões da História Econômica na época da Covid-19, coordinado por Rita de Cássia da

Companies and Entrepreneurs in the History of Spain. Centuries Long Evolution in Business since the 15th century

Vázquez-Fariñas, María, Ortúñez-Goicolea, Pedro Pablo, Castro-Valdivia, Mariano (Eds.): Companies and Entrepreneurs in the History of Spain. Centuries Long Evolution in Business since the 15th century. London, Palgrave Macmillan. ISBN: 978-3-030-61317-4.

The Invisible Hand? «How Market Economies have Emerged and Declined Since AD 500»

Bas Van Bavel Editorial: Oxford University Press ISBN: 978-0-19-882045-1 Páginas: 352        

Sovereign Debt Diplomacies: Rethinking sovereign debt from colonial empires to hegemony

Pierre Penet y Juan Flores Zendejas (editores) Oxford University Press Más información aquí Sovereign Debt Diplomacies aims to revisit the meaning of sovereign debt in relation to colonial history and postcolonial developments. It

The Economic Thought of Sir James Steuart

Edited By José M. Menudo Edition 1st Edition First Published 2019 eBook Published 11 October 2019 Pub. Location London Imprint Routledge DOI https://doi.org/10.4324/9780429443428 Pages 282 pages eBook ISBN 9780429443428 Subjects Economics, Finance,

El pensamiento económico de Joseph Schumpeter

Título: El pensamiento económico de Joseph Schumpeter Autor: Franco D’Orazio Pessia Edición: Unión Editorial, 2015