000			02283nam a22001697a 4500
020			_a978-8132113430
082			_a332.042 KAU
100			_aKaul, Vivek
245			_aEasy money: evolution of the global financial system to the great bubble burst
260			_aNew Delhi _bSage _c2014
300			_axxiii,325p _b22cm, Pbk
500			_aVelan/150/170315/Rs.425
505			_aPreface Introduction Coup De Whiskey The Great Depression The Men Who Knew Too Much Hitler Falling, Dollar Rising! Exorbitant Privilege The American Promise The Man Who Would Be King When a Tokyo Palace Became More Expensive than California Irrational Exuberance But a Pin Lies in Wait for Every Bubble After the Crash Conclusion-if we Learned from Experience, History Wouldn't Repeat Itself Acknowledgments Appendix: Double Your Money in 45 Days Index
520			_aThis book discusses how the global financial system evolved in the aftermath of the First World War and how that finally led to the dot-com crash in the United States, in the early 2000s. It gives an overview of how in the aftermath of the First World War, Europe was in major trouble. The book also analyzes how the United Kingdom of Great Britain, which was once the premier nation of the world, lost out to its former colony, the United States of America. The dominance of the United States led to its currency, the dollar, becoming the international reserve currency. This led to the United States having an exorbitant privilege which it still continues to have. Over the years, this exorbitant privilege has led to many financial crises in different parts of the world. It has also been responsible for the current financial crisis as well. The book concludes with the wisdom of the legendary investor Warren Buffett, who was deemed to be a failure, during the heydays of the dot-com bubble, when his investment company Berkshire Hathaway could not generate the stupendous returns that dot-com stocks had been generating. Nevertheless, in the end, it was Buffett who had the last laugh. As he wrote to his shareholders: But a pin lies in wait for every bubble. The lessons of the dot-com bubble bursting were never really learnt and soon the same mistakes would be made again
650			_aEconomic history _aFinance
942			_cBK
999			_c102398 _d102398