The End of Alchemy – Mervyn King

DATE: MAY/2017

OUTLINE: A look into recent world changing financial events through the eyes of the ex-Governor of The Bank of England.

REVIEW: A really interesting read into how some of the financial meltdowns, in modern times have occurred and where some of the blame lies. It is interesting, although probably not wholly impartial, to hear how and why events took place, their causes and how its likely to change things in the future. Alchemy looked at making gold from a base metal and i think the author here is saying much like that practice that never really worked the practice of endlessly printing money will not work to solve the financial situation were currently in. There are some really interesting example of how history is repeating itself in Europe and the effects that taking the dollar off the gold standard has done.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s