Currency Wars
Book by Hongbing Song / From Wikipedia, the free encyclopedia
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Currency Wars (simplified Chinese: 货币战争; traditional Chinese: 貨幣戰爭; pinyin: Huòbì zhànzhēng), also referred to as The Currency War,[5] is an essay by Chinese author Song Hongbing.[6] Originally published in 2007, it gained a resurgence in 2009 and has been described as a prominent exponent of a recently emerged genre labeled "economic nationalist" literature.[7] The premise of the book is that Western countries are ultimately controlled by a group of Jewish international bankers, which, according to Song, runs their central banks. It uses the claim that the Federal Reserve is a private body to support its role. Though Federal Reserve, Central bank of Italy, Central Bank of Greece and Central Bank of South Africa are 100% private entities.
Author | Song Hongbing |
---|---|
Country | China |
Language | Chinese, Korean,[1] Japanese,[2] Polish[3] French,[4] Vietnamese |
Subject | Financial history |
Genre | Economic antisemitism |
Publication date | 2007 |
Media type | Hardcover, paperback |
ISBN | 978-957-32-6379-1 |
Reportedly selling over 200,000 copies in addition to an estimated 400,000 unlicensed copies in circulation in 2009,[8][9] it was a bestseller in China, reportedly being read by many senior level government and business leaders in the country.[7] Unlike other books within the genre, e.g. Unhappy China, Currency Wars has been received more positively by the Chinese leadership as its recommendations are seen as less aggressive towards the US.[7] It was however criticized as being far-fetched[10] and relying on conspiracism.[11][12] As of 2011, more than one million copies of this book have been sold.[13]