Details

Demise of the Dollar

From the Bailouts to the Pandemic and Beyond
3. Aufl.

von: Addison Wiggin, Jim Rickards
19,99 €
Verlag:	Wiley
Format:	EPUB
Veröffentl.:	26.04.2023
ISBN/EAN:	9781394175444
Sprache:	englisch
Anzahl Seiten:	224

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Beschreibungen

Titelbeschreibung

A devastatingly incisive look at the devaluation of the American dollar and how it impacts you In the newly revised third edition of Demise of the Dollar: From the Bailouts to the Pandemic and Beyond, New York Times and international bestselling author Addison Wiggin delivers yet another timely and insightful account of the devaluation of the American dollar. Fully updated to consider the events of the last ten years—including the COVID-19 pandemic—the book contains nuanced discussions of historic inflation, interest rates and the Federal Reserve, the impact the Euro has had since its introduction, the rise of China prior to the pandemic, cryptocurrencies and the United States’ consumer debt addiction. It also demonstrates how all these factors, and more, are affected by the American dollar’s role as the world’s “reserve currency”. You’ll learn what a weakened American dollar means for your portfolio and how you can best arrange your finances to protect against global macroeconomic risks. You’ll find: <ul> <li>Strategies for making your portfolio more resilient against economic shocks, downturns, and crises</li> <li>Explorations of what increasing levels of US consumer debt mean for your investments, and for the world’s largest economics</li> <li>Examinations of how foreign countries have come to control the economic fate of the United States via the issuance of debt</li></ul>A fascinating account of one of the most important trends in American economics in the last hundred years, Demise of the Dollar offers incisive observations about the factors driving the world’s contemporary economies and specific and strategic guidance on how to structure your portfolio to survive, and even thrive, in a new financial environment.

Inhaltsverzeichnis

Foreword xi Acknowledgments xv Introduction: Fistful of Dollars 1 Chapter 1: The Greenback Boogie 7 Chapter 2: “We Are All Keynesians Now” 19 Chapter 3: Attention to Deficits Disorder 31 Chapter 4: Here Comes the Boom 59 Chapter 5: Oops, Here’s the Bust 83 Chapter 6: A Modern Enigma 99 Chapter 7: Short, Unhappy Episodes In Monetary History 111 Chapter 8: Alas, the Demise of the Dollar 135 Notes 179 Index 189

Autorenportrait

Addison Wiggin is a best-selling writer, publisher, and filmmaker, with over two decades experience. An acclaimed New York Times best- selling author, his books also include: Financial Reckoning Day, Empire of Debt and The Little Book of the Shrinking Dollar. Addison is the writer and executive producer of the documentary I.O.U.S.A., an exposé on the national debt, shortlisted for an Academy Award. Addison started his latest project, a podcast called The Wiggin Sessions, during the pandemic in a tornado warning. He films from a homegrown studio in Baltimore, Maryland where he lives with his family. Addison has interviewed, at length, many of the world’s most accomplished financiers, investors, politicians and executives. James Rickards is an American lawyer, economist and investment banker. He’s the international best-selling author of a number of books on currencies, gold and the global economy, including Currency Wars and The Death of Money.

Back cover copy

A Must-Read Discussion of the Fate of the American Dollar and What It Means for You Demise of the Dollar: From the Bailouts to the Pandemic and Beyond, 3rd Edition, is an essential and timely discussion of the demise of the American dollar and the impact it has had on the world’s economies and our own bank and retirement accounts. You’ll find nuanced and insightful descriptions of interrelated topics, increasing levels of consumer debt, a plunging national savings rate, the growing influence of China, fall of the Euro, a widening US trade deficit and structural flaws in the very foundation of the US dollar. You’ll discover how these factors have led to dramatic increases in inflation and other negative effects American investors would be wise to understand – rather, cannot survive without. The author explains how you can best protect your bank and retirement accounts in an era of financial and political volatility, showing you how to make it more likely that your money can survive – or even grow – during increasingly frequent economic downturns and crises. Perfect for anyone with an interest in the global and American financial systems, Demise of the Dollar belongs on the bookshelves of anyone with a financial or personal stake in the past, present, and future of the world’s economies. “What do solid economic analysis and clear writing actually look like? They look like this book by Addison Wiggin. The Demise of the Dollar is a sterling example of jargon-free exposition. It’s not only up-to-date and clear, it’s an invaluable guide to navigating the uncharted economic waters that surround us.” —Jim Rickards, from the foreword to the 3rd Edition