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The Great Devaluation : How to Embrace, Prepare, and Profit From the Coming Global Monetary Reset by Adam Baratta is a business book available to read on EtoBox.

What is The Great Devaluation : How to Embrace, Prepare, and Profit From the Coming Global Monetary Reset about?

<p><b>What seems <i>crazy</i> in normal times becomes <i>necessary</i> in a crisis</b> <p>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 <i>another</i> $3.5 trillion to their balance sheet, only this time they did it in a matter of <i>seven weeks</i>! <p>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 <i>spend</i> more than they make, <i>borrow</i> more than they can ever repay, and <i>devalue</i> their currencies to cover it all up. <p>Former Hollywood storyteller Adam Baratta brings monetary policy to life in this follow up to his national bestseller,<i> Gold Is A Better Way.</i> 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?

Who reads The Great Devaluation : How to Embrace, Prepare, and Profit From the Coming Global Monetary Reset?

Author

Adam Baratta

Publisher

Wiley & Sons, Incorporated, John

Published

2020

Language

EN

ISBN

9781119691471

Category

business

Subjects

Finance, Economics, Business

Rating

4.4 / 5 (559 ratings)

Updated

2026-03-14