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

Cuando el hierro era más caro que el oro. 60 historias para entender la economía mundial

Cuando el hierro era más caro que el oro. 60 historias para entender la economía mundial Alessando Giraudo Ariel Ediciones, 2016 ISBN: 978-84-344-2360-2 352 páginas Precio: 21,90€

Poder Financiero y Gestión Tributaria en Castilla: Los Agentes Fiscales en Toledo y su Reino (1429-1504)

Poder Financiero y Gestión Tributaria en Castilla: Los Agentes Fiscales en Toledo y su Reino (1429-1504) Pablo Ortego Rico Instituto de Estudios Fiscales, 2015 ISBN: 978-84-8008-383-6 610 páginas Precio: 30€

Economía y Filosofía

Economía y Filosofía Mario Bunge México, Siglo XXI Editora Iberoamericana, S.A., 2017 ISBN: 9786070307607 144 páginas Precio: 15 €

La era de las expectativas limitadas

La era de las expectativas limitadas Paul R. Krugman Barcelona, Ariel, 2016 ISBN: 9788434423619 235 páginas Precio: 15’90 €

Sobre la desigualdad

Sobre la desigualdad Harry G. Frankfurt Barcelona, Editorial Paidós, 2016 ISBN: 9788449332043 93 páginas Precio: 12, 95 €

The Nobel Factor. The Prize in Economics, Social Democracy, and the Market Turn

The Nobel Factor. The Prize in Economics, Social Democracy, and the Market Turn Avner Offer y Gabriel Söderberg Princeton University Press, 2016 ISBN: 9780691166032 323 páginas Precio: 39,64 €