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Drawing on hundreds of exclusive interviews and previously unpublished details of behind-closed-doors negotiations, an expose of the elite group that controls the international money supply reveals unprecedented power and how close the global economy has come to collapsing. 25,000 first printing.
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STEVEN SOLOMON is a former staff reporter at Forbes and has contributed to The New York Times, The Economist, Esquire, Barron's, Institutional Investor, and Euromoney. He lives in Washington, D.C.Review:
"The Confidence Game is a gripping, informative, and impressively documented account of the vitally important role that central banks have played in the wealth-creating success of modern capitalism." -- David M. Jones, Chief Economist, Aubrey G. Lanston & Co., Inc.
"At last a thorough and well-written analysis of the often mysterious world of international central banking. Steven Solomon has made an important contribution to the understanding of our global financial system." -- Manuel H. Johnson, Former Vice-Chairman, Board of Governors of the Federal Reserve System, Washington D.C.
"During the last decade it has become increasinly clear that the United States is no longer in sole charge of its own economic life. Along with every other advanced society. we are caught up in a world-straddling financial market that can toss about even the strongest economies as an angry ocean can toss about the mightiest ships.
It Is Steven Solomon's extraordinary achievement to have made this new state of affairs tangible and understandable. In his often vivid and deeply informed pages we follow the frantic efforts of navigational officers such its Paul Volcker and Alan Greenspan, and their counterparts abroad, to save their own economic vessels and to find ways of controlling these violent storms.
Those officers, much praised, much feared, are the central bankers of' the World. This is an account of the high drama and near tragedy of their efforts to cope with the angry oceans of' the late twentieth century, and to plan for safer sailing in the twenty-first. It is it story that should interest a great many people, by no means just on Wall Street. All of them I can guarantee, will close this book wiser than on opening it." -- Robert Heilbroner Professor of Economics, The New School
"Steven Solomon gives us a fascinating look at the way central bankers must work with globalized markets and democratic politics. His book is lively without being shallow and thoughtful without being ponderous." -- Peter R. Kenen, Walker Professor of Economics and International Finance, Princeton University
"Using the examples of the dollar crises in the eighties, the crash in 1987, the LDC debt shock and others, he elaborates on most of the crucial topics that central bankers had to face after the breakdown of the Bretton Woods System.
It Is astonishing how many details and personal facts are laid out to treat the various aspects of the sometimes complex personal and collective decision-making process of central bankers. The reader feels almost like it witness." -- Karl Otto Pohl, Former President of the Bundesbank
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Book Description Simon & Schuster, 1995. Hardcover. Condition: New. Never used!. Seller Inventory # P110684801825
Book Description Simon & Schuster. Hardcover. Condition: New. 0684801825 New Condition. Seller Inventory # NEW7.0261845
Book Description Simon & Schuster, 1995. Condition: New. book. Seller Inventory # M0684801825