Leverage: How Cheap Money Will Destroy the World - Hardcover

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. 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.
• Even personal safety is at risk in a world where there is limited money for essentials like food and fuel.

History is littered with the collapse of monetary and economic systems, from Rome to Germany to Zimbabwe.

Key Features:

• An inside look at how moneyed and powerful interests debase the dollar through the willful and intentional failure to honestly represent short and long-term mathematical truths that underlie all economic systems.
• Insights on financial crises, showing how imbalances, if not corrected, will lead to repeated financial disasters.
• Authored by Karl Denninger, creator of the popular website The Market Ticker, which has been running since 2007.