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Currency Wars V

The Coming Rain

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People's ability to think critically is often hindered by an overload of information and conflicting opinions. Essential data is obscured by irrelevant details, deeper issues are masked by superficial ones, and core reasoning becomes entangled in trivial logic. This confusion leads to misguided analysis and distorted judgment, ultimately creating an illusion that overshadows the truth. This phenomenon is especially evident in the economic realm. Five years post-2008 financial crisis, opinions on the global economy remain polarized. Key questions persist: Has U.S. quantitative easing been effective? Is the global currency overshoot beneficial or detrimental? Are financial markets becoming safer or riskier? Is the economic recovery robust or fleeting? Are we moving away from recession or heading toward another crisis? Humanity's activities have always centered on two fundamental tasks: creating and distributing wealth, driven by an inherent greed. This "good in greed" fuels technological advancements that enhance productivity and prosperity. However, unchecked greed can lead to deception, speculation, and extravagance, ultimately stifling progress and skewing wealth distribution, which diminishes societal economic vitality.

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Currency Wars V, Hongbing Song, 宋鸿兵

Sprache
Erscheinungsdatum
2021
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(Paperback),
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€ 18,43

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