Book Table of Contents
“And there was evening and there was morning “
The event that changed human society forever, and lead to the creation of money.
“Bigger is Better”, or is it…?
Society getting organized: From productive organizations to complex societies.
Cash or Credit?
The concept of credit and the invention of banking.
The Secret Weapon, not all taxes are created equal
What really is Inflation? And the case of Roman currency debasement.
The Birth of the Money Creation Machine
The story of a Dutch swindler who unintentionally invented modern banking and changed money forever.
The Illegitimate Child – The Lender of Last Resort
How did a stock peddler bring about the creation of the most powerful financial institution in the world, And why a former top Federal Reserve official just recently apologized “I can only say: I am sorry, America”… ?
A Sabre Dance – Gold and Paper
The golden age of a paper & gold money system, when prices went down and GDP constantly grew.
A World Off Balance: Between Two Wars
How WWI destroyed the world’s monetary system and led to WWII.
The Golden-Dollar, the Bretton-Woods System
How WWII saved America, but the post-war monetary system still crashed.
Bye-Bye Gold, Hello Fiat Money
The dawn of a new era in human history: a worldwide paper money system. How America’s debt grew sixtyfold, the working and middle class were destroyed, and the political system became corrupt.
2008 a Peek at Hell
A world on the verge of collapse. Why didn’t we see it coming?
The “DDD” perfect storm, Demographics, Debts, Deficits: How long will the house of cards hold?
I promise you this; you have never heard this story. This is a sixty four thousand foot simple and readable view of money and the economy. After completing the read you will not only understand much better current events, but also discover amusing and anecdotal information. We live in a short cycle news world, and we tend to think and react as “day-traders” but historical events work differently. And without a holistic and integrated perspective you cannot really understand where we are today and were we are heading moving forward.
When reading you will be surprised to find out that up to 1968 the law required that all dollars will have a 25% gold backing, and learn what did this mean and why and how was it changed.
You will examine, and again and again research “why”? Why was money invented? Why did the retrofit of the Bay Bridge cost 20 times more than the building of the original bridge 80 years ago? Why 1975 was the last year the US had exported more than it imported? And why interest rates in Mesopotamia were 20% while in Rome they were 8.3%?
We will try and understand why do boom and bust cycle occur? Why did the Washington’s Lobby business start only in the mid 1970? And why did top compensation in Wall Street grow 15 fold in the past three decades while those in Main Street hardly catch-up with cost of living?
And last you will gain a valuable insight of the decades ahead, an insight very few bother to paint.
At the end you will be much more than just entertained, you will gain valuable knowledge, which you will not find concentrated, summarized, organized and simplified like this any ware else.
About me, the author
In my short time on earth I have managed to gather quite a few experiences and different perspectives on life. I was a trial lawyer but also a Union leader, an infantry Capitan and company commander but also a co-author of a book on Italian gourmet travel. I also lived and worked in three different continents. These contrasting experiences have given me a broad and global perspective.
As a tech CEO based in the Silicon Valley, I am a business person by profession and historian by practice. In my time as a CEO in high tech, I have endured both the 2000 and 2008 crises and also served as a strategic consultant for Apple in the early days of eCommerce. For me, writing about the history of money is about more than just studying the past that has shaped my life—it concerns the future that awaits my four children, their children and the American people
I’ve read many books on money so I must admit I was skeptical. But I was pleasantly surprised. It was a fascinating read. By walking through the turning points in the history of money, I came away understanding what is happening today. This excellent book made our current financial system so much more clear. And more importantly, it gives a compelling view of where we are headed and what opportunities and pitfalls lay in the coming years
This is a must-read book! Its birds-eye view of today’s failing monetary policies, coupled with historical connections, allows you to truly grasp money’s inner workings, giving you a glimpse of possible outcomes. It completely changed the way I looked at “money”…so interesting. And, it’s amazing what the media is NOT telling us. You will not regret reading this one!”