Hongbing Song Book order

The book explores the hierarchical structure of human societies, emphasizing the dynamics of power and influence. It contrasts the Eastern power pyramid, based on regimes, with the Western model, which is heavily reliant on hidden debts that bind societal layers. In the West, creditors hold significant authority, with central banks, influenced by international bankers, as the primary creditors. This structure positions the largest creditors as the ultimate decision-makers, revealing how financial power shapes government actions and societal dynamics.

The book explores how an overload of information and conflicting opinions can hinder critical thinking, especially in economic contexts. It highlights the struggle to discern essential data from noise, leading to confusion between significant and trivial details. By examining how superficial issues can overshadow deeper problems, the author emphasizes the challenges of maintaining clear reasoning and sound judgment in a complex information landscape, ultimately revealing how illusions can obscure the truth.

Exploring the intrinsic relationship between money and wealth, this work delves into how currency serves as a receipt for wealth, shaped by human labor. It highlights the evolution of currency over 5,000 years, identifying over 2,000 commodities that have been used as money, ultimately leading to the dominance of gold and silver. These metals are presented as universal symbols of wealth across civilizations and religions, embodying both the claim to wealth and wealth itself, reflecting the market's preference for tangible assets.

Exploring the historical rivalry between the US dollar and the pound sterling, this book details the strategic maneuvers that led to the dollar's dominance over the pound. It highlights how US monetary policies systematically diminished the pound's status as a global reserve currency, while also examining the pound's attempts to reclaim its influence through the "imperial preference system." The narrative illustrates how this intense competition contributed to a financial power vacuum in the 1930s, intensifying the global Great Depression.

Exploring the often-ignored role of currency, this work reveals its significance in understanding historical events and navigating contemporary challenges. By examining the financial histories of Europe, America, China, and Japan, the author argues that finance represents a "fourth dimensional frontier" essential for sovereign nations. This new dimension, alongside traditional territorial boundaries, is crucial as nations face emerging international currency conflicts, highlighting finance's growing importance in global dynamics.