David A. Mayer and Melanie E. Fox explain:Why and how we tradeHow the government intervenes in marketsUnemployment and inflationSupply and demandCompetitive, financial, and foreign exchange marketsHow the economy is measured You will also learn about the causes and fallout of the recent recession and how global climate change may transform the way our economy operates. Most important, with this introduction, you'll learn how our complex and dynamic economy affects the way we actually live our lives.
What is the new economy? What is globalization? Is the euro the final seal on European Union? How is e-commerce transforming our world beyond economics? What is virtual money, and does it have real value? How do social concerns and societal ills (drugs, poverty, AIDS, endangered natural resources) play a part in the rapidly changing world economy? What are multinationals, and do they signal the end of nationalism? These and many other pertinent issues are addressed in an enlightening and entertaining handbook for those who want to be economically literate (and who doesn't?).
The United States dollar is losing value at an alarming rate. According to the Organisation for Economic Co-operation and Development (OECD) index, the U.S. currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar. The decline of the U.S. dollar is one of the biggest threats facing American investors today, but with the Little Book of the Shrinking Dollar: What You Can do to Protect Your Money Now in hand, you have the knowledge and the expertise you need to fight back.
Written by New York Times bestselling author Addison Wiggin, a leading economic forecaster, the book explores the reasons for the dollar's decline, and its precarious relationship to other currencies around the world. Filled with invaluable strategies for retirees, savers, and investors who want to keep their money safe no matter what lies ahead, the book is your one-stop guide to weathering the storm.Covers strategies for safeguarding your wealth, including safer havens for money, alternative investments, and other opportunities Written by Addison Wiggin, a three-time New York Times bestselling author and leading economic forecaster Wiggin's predictions about the decline of the dollar have proven true time and again, making him the right man for the job when it comes to predicting what lies ahead
The U.S. dollar is no longer the secure and stable currency that most Americans grew up believing in. Even after recent gains, the dollar remains weak. But with the Little Book of the Shrinking Dollar you have a concise guide to what's driving its demise and everything you need to protect your money today and in the years to come.
Is your money inflation-proof? It had better be. On the heels of the most recent economic crisis, America is headed toward another: high inflation and dollar devaluation.
Charles Goyette reveals the governmental errors that led to the current economic crisis and the bumpy road ahead. The signs are clear: Federal debt is compounding while growth has stalled, and America's foreign creditors are questioning the dollar's reserve currency status. Meanwhile, the "hidden" federal debt, much larger than the official debt, makes things even worse.
So what can you do to safeguard your assets when the dollar heads south? This book is the essential guide for protecting yourself--and even profiting--in this time of financial turbulence. In clear detail, Goyette explains the alternative investments--from gold and silver to oil and agriculture-- that will remain strong in the face of mounting inflation. The Dollar Meltdown gives you the tools to maintain the value of your savings and captilize on the coming opportunities.
Don't get left holding the bag after decades of government irresponsibility. The Dollar Meltdown shows you how to take the safety of your finances into your own hands.
American and European banks have gotten into trouble because of unsound underwriting practices that would not have been possible under a gold standard. And governments are on the verge of bankruptcy because there is no restraint—which a gold standard would provide—on their spending and manipulation of credit.
American politicians have debauched the currency for agendas contrary to our Constitution and to buy voter support for their elections. And the Federal Reserve has provided a means of financing uneconomic political agendas and pushing the costs onto future generations. But debt and credit cannot expand forever—as America's housing/mortgage bubble demonstrated. When the credit bubble bursts, hard times must follow.
Gold is the ultimate money because of its intrinsic characteristics and because no government has an unlimited supply of it to support unlimited government spending. In the absence of a sound money, alternative currencies may serve for awhile, but they will not be a permanent substitute for gold. If the U.S. doesn't return to a gold standard, some other country will. Then not only the dollar but America will lose its primacy in the world. It will lose that primacy as much for the neglect of its original constitutional principles as for the fate of the dollar. In fact, it was the neglect of those principles that led to the frightening expansion of government and the demise of the dollar.