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Hardcover The Great Devaluation: How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset Book

ISBN: 111969146X

ISBN13: 9781119691464

The Great Devaluation: What Every Businessperson in America Needs to Know about the Global Monetary System

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Format: Hardcover

Condition: Like New

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Book Overview

What seems crazy in normal times becomes necessary in a crisis

In 2008, the world economy suffered through the Housing Crisis which wiped out nearly $10 trillion in global asset value. In response, the Federal Reserve created Quantitative Easing, and added $3.5 trillion to their balance sheet over the next seven years. In March of 2020, we had a crisis and the Federal Reserve added another $3.5 trillion to their balance sheet, only this time they did it in a matter of seven weeks

The real crisis facing the world today is not the Coronavirus. The real crisis facing the world is explosive government debt and deficits. Governments are now left with no choice but to spend more than they make, borrow more than they can ever repay, and devalue their currencies to cover it all up.

Former Hollywood storyteller Adam Baratta brings monetary policy to life in this follow up to his national bestseller, Gold Is A Better Way. You'll learn how and why Federal Reserve policies have facilitated an explosion in government debt and have systematically undermined the world financial system in the name of profit. The result? An out of control system where financial inequality has become a ticking time bomb set to explode the global economy.

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