| Description |
xvi, 255 pages : illustrations ; 24 cm |
| Summary |
"The Great Devaluation is about the imminent and future failure of the global monetary system. Governments around the world have undertaken massive stimulus programs and printed trillions of new dollars in an effort to stimulate their sagging economies. Central Banks have manipulated their balance sheets, lowered interest rates to 0%, and dramatically expanded the global money supply. The world has never witnessed such a dramatic one-two punch of central bank monetary, and government fiscal stimulus, all at once. These policies will lead to a universal currency devaluation and end in an inflationary spiral that will fuel the greatest transfer of wealth in human history. In this groundbreaking book, national bestselling author Adam Baratta unveils the dark truth about the Federal Reserve, their suppression of gold, and why every American investor needs to understand how this will impact their quality of life. The Great Devaluation is about the imminent and future failure of the global monetary system. It covers the history of The Federal Reserve, how it was formed, why it was formed, and the secretive nature of the independent institution. The book also highlights how going off of the gold standard has facilitated the long-term devaluation of the US Dollar and has made the institution the most powerful in the world"-- Provided by publisher. |
| Bibliography |
Includes bibliographical references (pages 217-241) and index. |
| Subject |
Currency question.
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Fiscal policy.
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Monetary policy.
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| ISBN |
9781119691464 (hardback) |
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