Inevitability of Currency Wars

  • Yi-Lin Forrest J
  • Ying Y
  • Gong Z
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Abstract

As the title indicates, the objective of this chapter is to establish the fact that currency conflicts (or wars) are inevitable and each and every economic system is vulnerable to financial attacks. This end was practically confirmed by the case of Drexel Burnham Lambert, where the bankers could and were able to attack any business entity if they deemed the hostile acts were profitable (Sobel 1999).

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APA

Yi-Lin Forrest, J., Ying, Y., & Gong, Z. (2018). Inevitability of Currency Wars (pp. 219–243). https://doi.org/10.1007/978-3-319-67765-1_10

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