Inflation–Proof Your Portfolio – How to Protect Your Money from the Coming Government Hyperinflation

TRAMA

The must-have guide on how to protect yourself during the coming age of hyperinflation The Petersen/Pew Commission on Budget Reform recently warned that the national debt was expected to grow from 40 percent of the gross domestic product (GDP) in 2009 to 85 percent in 8 years, 100 percent in 12 years, and 200 percent by 2038. In other words, in just a few years the U.S. will owe twice as much as it produces. Since no conceivable level of taxes and borrowing will enable the country to service such an enormous debt, it is inevitable that government will turn to the same tricks its antecedents have been playing since Ancient Rome: debasing the dollar and letting inflation run rampant. Inflation-Proof Your Portfolio: Protect Your Money from the Coming Government Hyperinflation is your guide to understanding the debt crisis and rising inflation, packed with the key tools you need to protect yourself from the fallout. * Neither an economic treatise nor a collection of specific investment advice, the book is intended as a resource to help empower citizens to take action to protect their money from the coming government-induced hyperinflation * Essential reading for individual investors and general business readers alike who want to keep their money safe when inflation sets in * A runaway self-publishing hit, this new edition is fully revised and updated * Get the information you need to formulate your own plan of action to protect your investments The U.S. dollar is almost certain to have a sustained run of extremely high inflation over the next decade because of continued huge government deficits and unfunded liabilities, and this book is the resource you need to be ready.

NOTE EDITORE

Inflation occurs when the supply of money in circulation begins to become debased and erodes in value. The government, with its insiders and elites, is both the cause of and the primary beneficiary of inflation. To see why, consider the past, when money was linked to metal coins made out of gold or silver. In ancient Rome, a denarius was at first almost 100% pure silver. Slowly and gradually, over time, the Roman government reduced the amount of silver in the denarius until it contained only 2% silver. Why? Because by debasing the currency, the Roman emperors were able to pay off government debts by forcing its citizens to accept coins that had less and less precious metal content. The debased coins were worth less, forcing citizens to spend more and more denarius to buy basic goods. In other words, debasing the currency caused inflation. Today a similar debasing process is going on with American money. Once a U.S. dime was 90% silver; now it is 0% silver. Until 1934, a U.S. dollar bought an ounce of gold for the fixed rate of $20.67. Now it costs over $1,200 to buy an ounce of gold. The U.S. dollar is almost certain to have a sustained run of extremely high inflation over the next decade because of continued huge government deficits and unfunded liabilities like the recent health care reform. Even before the health care makeover, the Petersen/Pew Commission on Budget Reform last year warned that the national debt was expected to grow from 40% of the gross domestic product (GDP) in 2009 to 85% of the GDP in 8 years, 100% in 12 years, and 200% by 2038. In other words, in just a few years our nation will owe twice as much as it produces. Since no conceivable level of taxes and borrowing will enable the U.S. to service such an enormous debt, the cowardly political way to deal with the situation will be to allow inflation to run rampant. Inflation-Proof Your Portfolio will be a useful guide in explaining the debt crisis and the rising inflation and providing key tools to protect readers from inflation.

SOMMARIO

The must-have guide on how to protect yourself during the coming age of hyperinflation The Petersen/Pew Commission on Budget Reform recently warned that the national debt was expected to grow from 40 percent of the gross domestic product (GDP) in 2009 to 85 percent in 8 years, 100 percent in 12 years, and 200 percent by 2038. In other words, in just a few years the U.S. will owe twice as much as it produces. Since no conceivable level of taxes and borrowing will enable the country to service such an enormous debt, it is inevitable that government will turn to the same tricks its antecedents have been playing since Ancient Rome: debasing the dollar and letting inflation run rampant. Inflation-Proof Your Portfolio: Protect Your Money from the Coming Government Hyperinflation is your guide to understanding the debt crisis and rising inflation, packed with the key tools you need to protect yourself from the fallout. Neither an economic treatise nor a collection of specific investment advice, the book is intended as a resource to help empower citizens to take action to protect their money from the coming government-induced hyperinflation Essential reading for individual investors and general business readers alike who want to keep their money safe when inflation sets in A runaway self-publishing hit, this new edition is fully revised and updated Get the information you need to formulate your own plan of action to protect your investments The U.S. dollar is almost certain to have a sustained run of extremely high inflation over the next decade because of continued huge government deficits and unfunded liabilities, and this book is the resource you need to be ready.

ALTRE INFORMAZIONI

• Condizione: Nuovo
• ISBN: 9781118249277
• Dimensioni: 228 x 21.85 x 160 mm Ø 414 gr
• Formato: Copertina rigida
• Pagine Arabe: 224