Money as a Weapon

In a world drifting toward a third world war, economic power - not just firepower - will decide the victor, as the ruinous costs of conflict expose the vulnerabilities of Russia, China, and the West alike.

Using the war in Ukraine as a starting point, Herrmann analyzes conflict through an economic lens, arguing that understanding the financial realities of warfare - from sanctions to arms manufacturing - is essential for the West to deter aggressors. She illustrates how Russia's economic development makes permanent war likely and how China's economic struggles influence its aggression toward Taiwan.

The book offers a fascinating look behind the scenes of the new world order and what Europe must do to secure peace.