The Death of Money (45 page)

Read The Death of Money Online

Authors: James Rickards

BOOK: The Death of Money
10.59Mb size Format: txt, pdf, ePub

———. “A Framework for the Fund’s Issuance of Notes to the Official Sector,” June 17,
2009, http://www.imf.org/external/np/pp/eng/2009/063009.pdf.

———. “IMF to Begin On-Market Sales of Gold.” Press Release no. 10/44, February 17,
2010, http://www.imf.org/external/np/sec/pr/2010/pr1044.htm.

———. “Systematic Risk and the Redesign of Financial Regulation.” Global
Financial Stability Report, April 2010, http://www.imf.org/external/pubs/ft/gfsr/2010/01/pdf/chap2.pdf.

———. “The IMF-FSB Early Warning Exercise: Design and Methodological Toolkit.” September
2010, http://www.imf.org/external/np/pp/eng/2010/090110.pdf.

———. “IMF Determines New Currency Weights for SDR Valuation Basket.” Press Release
no. 10/434, November 15, 2010, http://www.imf.org/external/np/sec/pr/2010/pr10434.htm.

Jaffe, Greg. “U.S. Model for a Future War Fans Tensions with China and Inside Pentagon.”
Washington Post,
August 1, 2012, http://articles.washingtonpost.com/2012-08-01/world/35492126_1_china-tensions-china-threat-pentagon.

Kaminski, Matthew. “Guy Sorman: Why Europe Will Rise Again.”
Wall Street Journal,
August 18, 2011, p. A11, http://online.wsj.com/news/articles/SB10000872396390444375104577592850332409044.

———. “Trying to Save Europe, ‘Step by Step.’”
Wall Street Journal,
December 4, 2012, p. A17, http://online.wsj.com/news/articles/SB10001424127887323901604578157282337844170.

Kannan, Prakash, and Fritzi Köhler-Geib. “The Uncertainty Channel of Contagion.” IMF
Working Paper no. WP/09/219, October 2009, http://www.imf.org/external/pubs/ft/wp/2009/wp09219.pdf.

“Kazakhstan—Two Decades of Global Initiatives.”
First Magazine,
http://www.firstmagazine.com/DownloadSpecialReportDetail.1225.ashx.

Khalifa, Sherif, Ousmane Seck, and Elwin Tobing. “Financial Wealth Effect: Evidence
from Threshold Estimation.”
Applied Economics Letters
18, no. 13 (2011), http://business.fullerton.edu/economics/skhalifa/publication13.pdf.

King, Mervyn. “Do We Need an International Monetary System?” Speech given at Stanford
Institute for Economic Policy Research, March 11, 2011, http://www.bankofengland.co.uk/publications/Documents/speeches/2011/speech480.pdf.

Krugman, Paul. “The Myth of Asia’s Miracle.”
Foreign Affairs,
November–December 1994, p. 62, http://www.pairault.fr/documents/lecture3s2009.pdf.

———. “Sticky Wages and the Macro Story.”
New York Times,
July 22, 2012, http://krugman.blogs.nytimes.com/2012/07/22/sticky-wages-and-the-macro-story.

Lagerspetz, Eerik. “Money as a Social Contract.”
Theory and Decision
17, no. 1 (July 1984), pp. 1–9.

Lee, Il Houng, Murtaza Syed, and Liu Xueyan. “Is China Over-Investing and Does It
Matter?” IMF Working Paper no. WP/12/277, November 2012, http://www.imf.org/external/pubs/cat/longres.aspx?sk=40121.0.

Lee, Il Houng, Xu Qingjun, and Murtaza Syed. “China’s Demography and Its Implications.”
IMF Working Paper no. WP/13/82, March 28, 2013, http://www.imf.org/external/pubs/cat/longres.aspx?sk=40446.0.

Lie, Eric. “On the Timing of CEO Stock Option Awards.”
Management Science
51, no. 5 (May 2005).

Ludvigson, Sydney, and Charles Steindel. “How Important Is the Stock Market Effect
on Consumption?”
FRBNY Economic Policy Review,
July 1990, http://ftp.ny.frb.org/research/epr/99v05n2/9907ludv.pdf.

McAfee Roundstone Professional Services and McAfee Labs. “Global Energy Cyberattacks:
‘Night Dragon,’” February 10, 2011, http://www.mcafee.com/us/resources/white-papers/wp-global-energy-cyberattacks-night-dragon.pdf.

McCulley, Paul, and Zoltan Pozsar. “Helicopter Money: Or How I Stopped Worrying and
Love Fiscal-Monetary Cooperation.” GIC Global Society of Fellows, January 7, 2013,
http://www.interdependence.org/wp-content/uploads/2013/01/Helicopter_Money_Final1.pdf.

Macdonald, Alistair, Paul Vieira, and Will Connors. “Chinese Fly Cash West, by the
Suitcase.”
Wall Street Journal,
January 2, 2013, http://online.wsj.com/news/articles/SB10001424127887323635504578213933647167020.

McGregor, James. “China’s Drive for ‘Indigenous Innovation’: A Web of Industrial Policies,”
July 28, 2010, http://www.uschamber.com/sites/default/files/reports/100728chinareport_0.pdf.

Maclachlan, Fiona. “Max Weber and the State Theory of Money.” Working paper, http://home.manhattan.edu/~fiona.maclachlan/maclachlan26july03.htm.

Makin, John H. “Inflation Is Better Than Deflation.” American Enterprise Institute,
March 2009, http://www.aei.org/article/economics/fiscal-policy/inflation-is-better-than-deflation.

———. “Trillion-Dollar Deficits Are Sustainable for Now, Unfortunately.” American Enterprise
Institute, December 13, 2012, http://www.aei.org/outloook/trillion-dollar-deficits-are-sustainable-for-now-unfortunately.

Mandiant. “APT1 Exposing One of China’s Cyber Espionage Units,” 2013, Mandiant Intelligence
Center Report, http://intelresport.mandiant.com.

Martin, Michael F. “China’s Sovereign Wealth Fund.” Congressional Research Service,
January 22, 2008, http://www.fas.org/sgp/crs/row/RL34337.pdf.

Merton, Robert K. “The Self-Fulfilling Prophecy.”
Antioch Review
8, no. 2 (Summer 1948), pp. 193–210.

Milgram, Stanley. “Behavioral Study of Obedience.”
Journal of Abnormal Social Psychology
(1963).

Minder, Ralph. “Car Factories Offer Hope for Spanish Industry and Workers.”
New York Times
, December 28, 2012, p. B1, http://www.nytimes.com/2012/12/28/business/global/car-factories-offer-hope-for-spanish-industry-and-workers.html?pagewanted=all.

“Money: DeGaulle v. the Dollar.”
Time
, February 12, 1965, http://content.time.com/time/magazine/article/0,9171,840572,00.html.

Mundell, Robert A. “A Theory of Optimum Currency Areas.”
American Economic Review
51, no. 4 (September 1961), pp. 657–65, esp. 659.

Newman, Mark. “Power Laws, Pareto Distributions and Zipf’s Law.”
Contemporary Physics
46 (September 2005), pp. 323–51.

Nixon, Richard M. Address to the Nation Outlining a New Economic Policy, August 15,
1971, http://www.presidency.ucsb.edu/ws/index.php?pid=3115#axzz1LXd02JEK.

O’Neill, Jim. “Building Better Global Economic BRICs.” Goldman Sachs, Global Economics
Paper no. 66, November 30, 2001, http://www.goldmansachs.com/our-thinking/archive/archive-pdfs/build-better-brics.pdf.

Patterson, Scott, Jenny Strasburg, and Jacob Bunge. “Knight Upgrade Triggered Old
Trading System, Big Losses.”
Wall Street Journal,
August 14, 2012, http://online.wsj.com/news/articles/SB10000872396390444318104577589694289838100.

Pei, Minxin. “China’s Troubled Bourbons.”
Project Syndicate,
October 31, 2012, www.project-syndicate.org.

Pettis, Michael. “The IMF on Overinvestment.”
EconoMonitor,
December 28, 2012, http://www.economonitor.com/blog/2012/12/the-imf-on-overinvestment/.

Poteshman, Allen M. “Unusual Option Market Activity and the Terrorist Attacks of September
11, 2001.”
Journal of Business
79, no. 4 (July 2006), http://econpapers.repec.org/article/ucpjnlbus/v_3a79_3ay_3a2006_3ai_3a4_3ap_3a1703-1726.htm.

Pufeng, Major General Wang. “The Challenge of Information Warfare.”
China Military Science,
Spring 1995, http://www.fas.org/irp/world/china/docs/iw_mg_wang.htm.

Reinhart, Carmen M., and Kenneth S. Rogoff. “Growth in a Time of Debt.” National Bureau
of Economic Research, Working Paper no. 15639, January 2010, http://www.nber.org/papers/w15639.

Reinhart, Carmen M., and M. Belen Sbrancia. “The Liquidation of Government Debt.”
National Bureau of Economic Research, Working Paper no. 16893, March 2011, http://www.nber.org/papers/w16893.

Rickards, James G. “A New Risk Management Model for Wall Street.”
Journal of Enterprise Risk Management
(March 2009), pp. 20–24.

———. “Keynesianism, Monetarism and Complexity.”
Reuters Rolfe Winkler Capital Jungle Blog,
January 7, 2010, http://blogs.reuters.com/rolfe-winkler/2010/01/07/keynesianism-monetarism-and-complexity.

Romer, Christina A. “The Debate That’s Muting the Fed’s Response.”
New York Times,
February 26, 2011, http://www.nytimes.com/2011/02/27/business/27view.html.

Romer, Christina A., and Jared Bernstein. “The Job Impact of the American Recovery
and Reinvestment Plan.” Council of Economic Advisers, January 9, 2009.

Rosenberg, Matthew. “An Afghan Mystery: Why Are Large Shipments of Gold Leaving the
Country?”
New York Times,
December 15, 2012, http://www.nytimes.com/2012/12/16/world/asia/as-gold-is-spirited-out-of-afghanistan-officials-wonder-why.html.

Scheinkman, José A., and Michael Woodford. “Self-Organized Criticality and Economic
Fluctuations.”
American Economic Review
84, no. 2 (May 1994), pp. 417–21.

Schneider, Howard. “As Chinese Capital Moves Abroad, Europe Offers an Open Door.”
Washington Post,
February 26, 2013, http://articles.washingtonpost.com/2013-02-26/business/37297545_1_direct-investment-chinese-investors-rhodium-group.

———. “In a Two-Faced Euro Zone, Financial Conditions Ease and Joblessness Rises.”
Washington Post,
March 1, 2013, http://articles.washingtonpost.com/2013-03-01/business/37373712_1_euro-zone-holdings-euro-zone-17-nation-currency-zone.

Singh, Manmohan, and James Aitken. “The (Sizable) Role of Rehypothecation in
the Shadow Banking System.” IMF Working Paper no. WP/10/172, July 2010, http://www.imf.org/external/pubs/ft/wp/2010/wp10172.pdf.

Sornette, Didier. “Critical Market Crashes.”
Physics Reports
378 (2003), pp. 1–98.

———. “Dragon-Kings, Black Swans and the Prediction of Crises.”
International Journal of Terraspace Science and Engineering
(December 2009), http://arxiv.org/pdf/0907.4290.pdf.

Sornette, Didier, and Ryan Woodard. “Financial Bubbles, Real Estate Bubbles, Derivative
Bubbles, and the Financial and Economic Crisis.” Proceedings of Applications of Physics
and Financial Analysis Conference Series, May 2, 2009, http://arxiv.org/pdf/0905.0220.pdf.

Stein, Jeremy C. “Overheating in Credit Markets: Origins, Measurement, and Policy
Responses.” Federal Reserve Bank of St. Louis Research Symposium, February 7, 2013,
http://www.federalreserve.gov/newsevents/speech/stein20130207a.htm.

Stevis, Matina. “Euro Zone Closes in on Bank Plans.”
Wall Street Journal,
June 13, 2013, online.wsj.com/article/SB10001424127887323734304578542941134353614.html.

Stewart, James B. “The Birthday Party.”
New Yorker,
February 11, 2008, http://www.newyorker.com/reporting/2008/02/11/080211fa_fact_stewart.

Subbotin, Alexander. “A Multi-Horizon Scale for Volatility.” Centre d’Economie de
la Sorbonne, working paper, March 3, 2008.

Swensson, Lars E. O. “The Zero Bound in an Open Economy: A Foolproof Way of Escaping
from a Liquidity Trap.” National Bureau of Economic Research, Working Paper no. 7957,
October 2000, http://www.nber.org/papers/w7957.

———. “Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others.”
National Bureau of Economic Research, Working Paper no. 10195, December 2003, http://www.nber.org/papers/w10195.

Taylor, Jason E., and Richard K. Vedder. “Stimulus by Spending Cuts: Lessons from
1946.” Cato Institute, Cato Policy Report, May–June 2010, http://www.cato.org/policy-report/mayjune-2010/stimulus-spending-cuts-lessons-1946.

Taylor, John B. “Discretion Versus Policy Rules in Practice.”
(1993), pp. 195–214, http://www.stanford.edu/~johntayl/Papers/Discretion.PDF.

———. “Evaluating the TARP.” Testimony for the Committee on Banking, Housing and Urban
Affairs, U.S. Senate, March 17, 2011, http://www.stanford.edu/~johntayl/Taylor%20TARP%20Testimony.pdf.

Tiwari, Dheeraj, and Rajeev Jayaswal. “India, Iran Mull over Gold-for-Oil for Now.”
Financial Times,
January 8, 2011, http://articles.economictimes.indiatimes.com/2011-01-08/news/28433295_1_bilateral-issue-oil-india-imports.

Tsirel, Sergey V., et al. “Log-Periodic Oscillation Analysis and Possible Burst of
the ‘Gold Bubble’ in April–June 2011,” http://arxiv.org/pdf/1012.4118.pdf.

Ummelas, Ott. “Why Estonia Loves the Euro.”
Bloomberg Businessweek,
February 2, 2012, http://www.businessweek.com/magazine/why-estonia-loves-the-euro-02022012.html.

UN Conference on Trade and Development. “Reform of the International Monetary and
Financial System.” Chap. 4 in
Trade and Development Report, 2009
. New
York and Geneva: United Nations, 2009, http://unctad.org/en/docs/tdr2009_en.pdf.

UN Department of Economic and Social Affairs. “Reforming the International Financial
Architecture.” Chap. 5 in
World Economic and Social Survey 2010: Retooling Global Development
. New York: United Nations, 2010, http://www.un.org/esa/analysis/wess/wess2010files/wess2010.pdf.

U.S. Congress. “Housing Wealth and Consumer Spending.” Congressional Budget Office
Background Paper, January 2007, http://www.cbo.gov/publication/18279.

U.S. Government Accountability Office. “Iran Sanctions: Impact in Furthering U.S.
Objectives Is Unclear and Should Be Reviewed,” December 2007, http://www.gao.gov/new.items/d0858.pdf.

Walker, Marcus, and Alessandra Galloni. “Embattled Economies Cling to the Euro.”
Wall Street Journal,
February 13, 2013, p. A1, http://online.wsj.com/news/articles/SB10001424127887324761004578284203099970438.

Williamson, John. “What Washington Means by Policy Reform.” Peterson Institute for
International Economics, April 1990, http://www.iie.com/publications/papers/paper.cfm?researchid=486.

———. “Is the ‘Beijing Consensus’ Now Dominant?”
Asia Policy,
no. 13 (January 2012), pp. 1–16.

Wong, Wing-Keung, Howard E. Thompson, and Kweechong Teh. “Was There Abnormal Trading
in the S&P 500 Index Options Prior to the September 11 Attacks?” Social Science Research
Network, April 13, 2010, http://ssrn.com/abstract=1588523.

Other books

Waterways by Kyell Gold
Winterstrike by Liz Williams
The Last Kiss Goodbye by Perry, Tasmina
The Vines by Christopher Rice
Beneath the Neon Egg by Thomas E. Kennedy
Cat's Cradle by William W. Johnstone
Three Rivers by Tiffany Quay Tyson