Paper Money Collapse: The Folly of Elastic Money, 2nd Edition

Acknowledgments

I would like to thank Tula Batanchiev and her team at John Wiley & Sons for proposing this second, revised and updated edition of Paper Money Collapse, for their excellent editorial work on the manuscript, and exemplary support all round.

Additional thanks to the many readers and the reviewers of the book’s first edition, the visitors to my website, and attendees to my lectures and speeches, who have generously commented on the book and my ideas, and whose criticisms, questions, and suggestions have further shaped my thinking, have helped me correct errors and hopefully better articulate my case with this second edition.

Of course, there would no second edition without a first edition, and for that one I am still grateful to Debra Englander, my first editor at John Wiley & Sons, whose support was crucial in bringing the book to publication.

Thanks again to my friends who read early versions of my original manuscript, and who provided constructive feedback, comments, and recommendations: Paul Fitter, David Goldstone, Ken Leech, Bruno Noble, Andres Sanchez-Balcazar, and Dr. Holger Schmieding. My good friend Dr. Reinhard Fuerstenberg has been involved with this project from the start and has remained an indispensable sounding board for my ideas and theories throughout. Special thanks are due to David Goldstone, who has patiently answered all my questions on Bitcoin. None of the above may be in full agreement with all my conclusions but their feedback and ideas have ...