Currency War is an international thriller that only Lawrence B. Lindsey – economist, adviser to presidents, and Washington insider – could tell.
Is it possible to wage war without weapons? Is it possible to win a war without firing a shot? These are the questions facing Ben Coleman after he finds himself a first-hand witness to a bank run in Beijing that ends up being brutally suppressed by the Chinese military.
Coleman, chairman of the U.S. Federal Reserve under President Will Turner, realizes this is a harbinger of things to come… a suspicion confirmed by Li Xue, his counterpart in the Chinese gov-ernment. Li is part of a modernizing movement that is locked in confrontation with a hardline fac-tion headed by General Deng Wenxi. Deng sees the U.S. in a weak economic position and plans to make China the global superpower by replacing the U.S. dollar with the yuan as the world's reserve currency.
So begins a currency war between the United States and China – a war fought in dollars and yuan against a landscape of shifting international alliances and political infighting on both sides. Coleman's marriage is even compromised when his wife – a beautiful, retired MI-6 agent from England – is drawn back into the game of spycraft and intelligence gathering.
As the bloodless war rages, readers are taken on a roller coaster ride through the inner sanctums of power in the world – from the upstairs residence of the White House to the board room of the People's Bank of China; from a high society dinner party in London to the birth of a Political Action Committee at an exclusive Virginia resort; and from the bedrooms of the elite to the forbidden fleshpots of Laos.
Dr. Lawrence B. Lindsey is the president and chief executive officer of The Lindsey Group, an eco-nomic advisory firm based in Washington, D.C. and has held leading positions in government, aca-demia, and business. Lindsey served as George W. Bush's chief economic advisor during the then-candidate's 2000 presidential campaign. He later went on to hold top positions in the Bush admin-istration, including assistant to the president for policy development and director of the National Economic Council.
Lindsey also served as special assistant to the president for domestic economic policy during the first Bush Administration and as senior staff economist for tax policy at the Council of Economic Advisers during President Reagan's first term.
From 1997 until 2001 Lindsey was managing director of Economic Strategies, a global consulting firm. From 1991 to 1997, he was a governor of the U.S. Federal Reserve System. And before that, he served five years on the Economics faculty of Harvard University and held the Arthur F. Burns Chair for Economic Research at the American Enterprise Institute.
Lindsey earned his A.B. Magna Cum Laude from Bowdoin College and his M.A. and Ph.D. in eco-nomics from Harvard University. He was awarded the Outstanding Doctoral Dissertation Award by the National Tax Association and named the Citicorp Wriston Fellow for Economic Research at the Manhattan Institute. He is the author of numerous articles and five books: The Growth Experi-ment, Economic Puppetmasters, What a President Should Know… but Most Learn Too Late, The Growth Experiment Revisited, and Conspiracies of the Ruling Class.
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