| Description |
1 online resource |
| Series |
Online access with DDA: Askews (Economics)
|
| Contents |
How Money Lives and Dies -- What Is Money, and Why Do We Need It? -- "Fiat" Money -- The Role of Central Banks and the (Limited) Power of Monetary Policy -- Bitcoin: A Solution and a Different Problem -- How Fiat Money Dies -- Where Are We Now? -- Don't Believe Everything You Read (But Believe Some of It) -- Central Bankers Are Monetarists No Longer -- Central Bankers in the Global Financial Crisis -- Where Are We Now? -- My Prescription -- How to Invest with Inflation in Mind -- Only Three Miracles -- Inflation-Aware Investing and the Easy Way -- Liability-Driven Investing for Individuals -- Investing for a Currency Calamity |
| Summary |
"An expert guide to surviving the coming hyperinflation and potential disruption 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. Money's value is tied to the amount of it in circulation and to the people's trust in central banks and governments. Lazy fiscal policy is currently chipping away at that trust, and many people believe that there is something rotten at the core of the system. This book shows how they're right and how to prepare for what's to come. 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 and subsequent hyperinflation 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"-- Provided by publisher |
|
"In this book, all investors will learn: - The history of the value of money--backed by stored value or some kind, or not. - Scenarios in which money dies "slowly" or "quickly"--How to invest in these scenarios "die slowly" and "die quickly" scenarios - What might cause the erosion of money scenario that can cause hyper-inflation and put the financial system into shock."-- Provided by publisher |
| Notes |
Includes index |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Print version record and CIP data provided by publisher |
| Subject |
Money.
|
|
Value.
|
|
value (economic concept)
|
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BUSINESS & ECONOMICS -- Finance.
|
|
Money
|
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Value
|
| Form |
Electronic book
|
| LC no. |
2015044589 |
| ISBN |
9781119191162 |
|
1119191165 |
|
9781119191179 |
|
1119191173 |
|
1119191017 |
|
9781119191018 |
|
