The best parts are the history of the currency wars, Currency War I (1921-1936), Currency War II (1967-1987) and the launch of Currency War III in 2010 that still rages. War III will likely finish in the same way that the previous ones did but Rickards suggests far more disastrous results.
As Rickards explains, currency wars are a continuation of the ancient mercantilist economics that Adam Smith tried to drive a silver stake into the heart of but failed. Like vampires, mercantilism will live forever by hibernating in the dark places of economic thought and springing to life in tragedies, and that vampire has bitten most mainstream economists.
