My book Clash of Currencies is about the power of money.
It is not so much about the power of the ones who have money, but the power of those who can create it. For the true power of money is not in its possession, as is so often presumed. It lies in its creation.
This ability to create money is the apex of power as it allows the spending of money, without losing any. It allows the appropriation of another’s property as well as the exercise of power against the will and the expense of others. This monetary power is hidden behind an unassuming name: Monetary Sovereignty. Currencies are the essential foundation of national exercise of power, above all of the financing of wars.
But how does monetary power work? This is the question that this book strives to explain.