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The Great Devaluation

How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset
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( 320 ratings, 49 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Great Devaluation explores the pressing economic crisis of our time, revealing that the true threat is not a global pandemic but the unsustainable surge in government debt and deficits. Adam Baratta explains how governments are compelled to spend beyond their means, borrow excessively, and devalue their currencies to mask the consequences, leading to a fragile financial system rife with inequality.
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Format: Hardback
$4799
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is essential for readers interested in finance, economics, and global market dynamics, particularly those seeking to understand monetary policy and its impact on government debt and economic inequality.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

#1 Business Bestseller (Wall Street Journal, Amazon, USA Today)

The Great Devaluation may be one of the most timely books ever written on the state of the global economy. Baratta sums it up simply enough with the following idea:

“What seems crazy in normal times becomes necessary in a crisis.”

The Great Devaluation is the #1 bestselling book that explains why 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 blow up the global economy.

Book Details

INFORMATION

ISBN: 9781119691464

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 17 September 2020

Country: United States

Imprint: John Wiley & Sons Inc

Audience: General / adult

DIMENSIONS

Spine width: 31.0mm

Width: 163.0mm

Height: 236.0mm

Weight: 454g

Pages: 272

About the Author

ADAM BARATTA is one of the most dynamic voices in the field of investments and precious metals today. A former award-winning screenwriter, director, and producer, Baratta has turned his passion towards the investment industry and the pendulum shift he sees coming as inflationary pressures return to the global economy. He is the co-owner of Advantage Gold, the highest rated precious metals firm in the United States, a member of the Inc. 5000., and bestselling author of Gold Is A Better Way. He is happily married and lives with his wife and daughter in Los Angeles.

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