0
Your cart

Your cart is empty

Books > History > American history

Buy Now

The Story of Silver - How the White Metal Shaped America and the Modern World (Hardcover) Loot Price: R556
Discovery Miles 5 560
You Save: R170 (23%)
The Story of Silver - How the White Metal Shaped America and the Modern World (Hardcover): William L. Silber

The Story of Silver - How the White Metal Shaped America and the Modern World (Hardcover)

William L. Silber

 (sign in to rate)
List price R726 Loot Price R556 Discovery Miles 5 560 You Save R170 (23%)

Bookmark and Share

Expected to ship within 10 - 15 working days

How silver influenced two hundred years of world history, and why it matters today 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.

General

Imprint: Princeton University Press
Country of origin: United States
Release date: February 2019
First published: 2019
Authors: William L. Silber
Dimensions: 235 x 155 x 29mm (L x W x T)
Format: Hardcover - Trade binding
Pages: 328
ISBN-13: 978-0-691-17538-6
Categories: Books > Humanities > History > American history > General
Books > Humanities > History > History of specific subjects > Economic history
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General
Books > History > American history > General
Books > History > History of specific subjects > Economic history
Books > Money & Finance > Banking
Books > Money & Finance > Investment & securities > General
LSN: 0-691-17538-1
Barcode: 9780691175386

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

Partners