The Biggest Bubble of All
Buch, Englisch, 208 Seiten, Format (B × H): 160 mm x 230 mm, Gewicht: 378 g
ISBN: 978-1-119-19101-8
Verlag: Wiley
The expert guide to understanding and surviving monetary failure
What's Wrong with Money? explores how and why money is valued and the warning signs that point to its eventual collapse. Author Michael Ashton is widely regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is putting us at high risk of both near- and long-term inflation--and a potentially very serious disruption. It's not about a conspiracy surrounding inflation reporting; it's about the tentative agreement we all carry that lends money its value. This value isn't necessarily inherent; while some currency is backed by stored value, others are not. This book walks you through the history of currency and details the ways in which it can fall apart. You'll learn how to invest in any type of collapse scenario, and you'll gain expert insight into the warning signs that signal a coming shock to the financial system.
* Track the history of monetary value
* Consider how money could die slowly or quickly
* Learn investment strategies for both slow and quick scenarios
* Examine potential causes of erosion of trust in the monetary
system, and the chilling results of such erosion
An economic system without money is incredibly inefficient, but our shared agreement in monetary value has historically never been enough. What's Wrong with Money? shows you the lessons from the past and the reality of the present and helps you make plans for the future of money.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
- Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
Weitere Infos & Material
Preface
Acknowledgments
About the Author
Part I: How Money Lives and Dies
Chapter 1: What is Money and Why Do We Need it?
Chapter 2: "Fiat" Money
Chapter 3: The Role of Central Banks and the (Limited) Power of Monetary Policy
Chapter 4: Bitcoin: A Solution and a Different Problem
Chapter 5: How Fiat Money Dies
Part II: Where Are We Now?
Chapter 6: Don't Believe Everything You Read (But Believe Some of It)
Chapter 7: Central Bankers Are Monetarists No Longer
Chapter 8: Central Bankers in the Global Financial Crisis
Chapter 9: Where Are We Now?
Chapter 10: My Prescription
Part III: How to Invest with Inflation in Mind
Chapter 11: Only Three Miracles
Chapter 12: Inflation-Aware Investing and the Easy Way1
Chapter 13: Liability-Driven Investing for Individuals
Chapter 14: Investing for a Currency Calamity
Index
