Fake Money, Real Danger

Protect Yourself and Grow Wealth While You Still Can
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
Fake Money, Real Danger by David Wiedemer, Robert A. Wiedemer, and Cindy S. Spitzer offers a guide to understanding the potential risks posed by current economic trends. The authors explore the impact of financial mismanagement and propose strategies to safeguard your finances against economic peril. This self-help book aims to equip readers with the knowledge to navigate economic uncertainties effectively.
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Format: Hardback
$5699
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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 may appeal to you if you are interested in understanding the potential risks in the current economic system and are keen on learning strategies to protect your financial future. Offering insights into economic trends and monetary policies, it encourages proactive personal finance management to navigate uncertain economic landscapes.

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Fake Money, Real Danger

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

The latest must-read book from the authors of the New York Times and Wall Street Journal Bestselling Aftershock series of books, Fake Money, Real Danger strips away the confusion and exposes what’s really happening to our economy and investments—and shows you what to do about it now, before it’s too late.

Picking up where Aftershock left off, Fake Money, Real Danger reveals how the Covid-19 pandemic—and the government’s massive money printing and borrowing in response to it—is providing investors with a once in a lifetime opportunity to build wealth in the near term, while also taking the crucial steps necessary to protect yourself and your investments from the inevitable Fake Money bubble pop in the longer term.

What FAKE MONEY?

  • Massive government money printing increased the U.S. money supply by more than 1,000% since 2008, printing more money in ONE MONTH in 2020 than during the two years of the Financial Crisis in 2008 and 2009.
  • Mammoth federal debt is now at a staggering $30 trillion—up $3 trillion in 2020 and on track for continuous huge increases. The amount of federal debt is nearing 10 times our annual tax revenues.

What REAL DANGER?

  • All U.S. economic growth since the Financial Crisis is entirely due to government borrowing. All of it. Without massive government borrowing we’d have no growth at all.
  • Stock markets will likely continue to rise because of Fake Money but face an inevitable crisis when continued massive money printing creates serious inflation.
  • You and every investor are now at a crossroads. Your next move will decide your fate: protection and profits OR wealth destruction and regret.

Book Details

INFORMATION

ISBN: 9781119818076

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 10 February 2022

Country: United States

Imprint: John Wiley & Sons Inc

Audience: General / adult

DIMENSIONS

Spine width: 25.0mm

Width: 158.0mm

Height: 234.0mm

Weight: 386g

Pages: 224

About the Author

DAVID WIEDEMER, PHD, is a world expert in macro-evolutionary economic analysis. He is Chief Economist for Ark Financial Management and holds a doctorate in economics from the University of Wisconsin-Madison.

ROBERT A. WIEDEMER is a Senior Investment Advisor for Ark Financial Management, a macro-focused money management firm in alignment with the macroeconomic analysis and advice offered in Aftershock and Fake Money, Real Danger. Mr. Wiedemer holds a master’s degree from the University of Wisconsin-Madison School of Business.

CINDY S. SPITZER is an award-winning author who has collaborated on dozens of books, including Chicken Soup for the Soul, Buy and Hold is Dead (Again), America’s Bubble Economy, Aftershock, and Fake Money, Real Danger. She is also a Senior Investment Advisor at Ark Financial Management.

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