Michael Ashton - What's Wrong with Money? : The Biggest Bubble of All read MOBI, DOC
9781119191018 English 1119191017 An expert guide to surviving the coming hyperinflation and potential disruption What's Wrong with Money? explores how and why money is valued and the warning signs that point to its eventual collapse. Author Michael Ashton is widely regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is putting us at high risk of both near- and long-term inflation--and a potentially very serious disruption. It's not about a conspiracy surrounding inflation reporting; it's about the tentative agreement we all carry that lends money its value. This value isn't necessarily inherent; while some currency is backed by stored value, others are not. This book walks you through the history of currency and details the ways in which it can fall apart. You'll learn how to invest in any type of collapse scenario, and you'll gain expert insight into the warning signs that signal a coming shock to the financial system. Money's value is tied to the amount of it in circulation and to the people's trust in central banks and governments. Lazy fiscal policy is currently chipping away at that trust, and many people believe that there is something rotten at the core of the system. This book shows how they're right and how to prepare for what's to come. Track the history of monetary value Consider how money could die slowly or quickly Learn investment strategies for both slow and quick scenarios Examine potential causes of erosion and subsequent hyperinflation An economic system without money is incredibly inefficient, but our shared agreement in monetary value has historically never been enough. What's Wrong with Money? shows you the lessons from the past and the reality of the present and helps you make plans for the future of money., Following the Global Financial Crisis in 2008-2009, many observers expected widespread deflation to ensue. However, core measures of inflation barely budged because inflation is not related to growth. Money's value is tied to the amount of it in circulation, and to people's trust in central banks and governments. At this time, lazy central banks have greatly increased the amount of circulating money (as opposed to reserves) and the level of trust in global central banks and government fiscal authorities has begun to seriously erode. While expert Michael Ashton does not believe that there is a conspiracy over inflation reporting, many readers do. This audience, comprising retail investors, some institutional investors, and many citizens disenchanted with the actions of our burgeoning central government, sense something is rotten at the core. They are right. We need money. An economic system without money is incredibly inefficient. In principle, money does not need to be issued by central governments; all that is necessary for it to serve as a valid medium of exchange is that people trust that it has value. At one time this meant that the currency needed to be backed by something that had value beyond the issuer, such as gold and/or silver, so that trust in the issuer didn't matter as much. Nowadays, money only has value because we all agree that it has value, and we all agree that it will have value tomorrow. Historically, that has never been enough: a central bank which has authority to over-increase the supply of money has always done so. That is one way that money dies: slowly. But money can also die quickly. The troubles with a bitcoin exchange in 2014 illustrated how even minor "trust" issues can evaporate the value of money. This book will lay out this history, and illustrate how the erosion of trust (and central bank responsibility) today is leading to a high risk of both near term and long term inflation, along with a meaningful risk of a more-serious disruption. In this book, all investors will learn: The history of the value of money--backed by stored value or some kind, or not. Scenarios in which money dies "slowly" or "quickly" How to invest in these scenarios "die slowly" and "die quickly" scenarios What might cause the erosion of money scenario that can cause hyper-inflation and put the financial system into shock., The expert guide to understanding and surviving monetary failure Whats Wrong with Money? explores how and why money is valued and the warning signs that point to its eventual collapse. Author Michael Ashton is widely regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is putting us at high risk of both near- and long-term inflation and a potentially very serious disruption. Its not about a conspiracy surrounding inflation reporting; its about the tentative agreement we all carry that lends money its value. This value isnt necessarily inherent; while some currency is backed by stored value, others are not. This book walks you through the history of currency and details the ways in which it can fall apart. Youll learn how to invest in any type of collapse scenario, and youll gain expert insight into the warning signs that signal a coming shock to the financial system. Track the history of monetary value Consider how money could die slowly or quickly Learn investment strategies for both slow and quick scenarios Examine potential causes of erosion of trust in the monetary system, and the chilling results of such erosion An economic system without money is incredibly inefficient, but our shared agreement in monetary value has historically never been enough. Whats Wrong with Money? shows you the lessons from the past and the reality of the present and helps you make plans for the future of money.
9781119191018 English 1119191017 An expert guide to surviving the coming hyperinflation and potential disruption What's Wrong with Money? explores how and why money is valued and the warning signs that point to its eventual collapse. Author Michael Ashton is widely regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is putting us at high risk of both near- and long-term inflation--and a potentially very serious disruption. It's not about a conspiracy surrounding inflation reporting; it's about the tentative agreement we all carry that lends money its value. This value isn't necessarily inherent; while some currency is backed by stored value, others are not. This book walks you through the history of currency and details the ways in which it can fall apart. You'll learn how to invest in any type of collapse scenario, and you'll gain expert insight into the warning signs that signal a coming shock to the financial system. Money's value is tied to the amount of it in circulation and to the people's trust in central banks and governments. Lazy fiscal policy is currently chipping away at that trust, and many people believe that there is something rotten at the core of the system. This book shows how they're right and how to prepare for what's to come. Track the history of monetary value Consider how money could die slowly or quickly Learn investment strategies for both slow and quick scenarios Examine potential causes of erosion and subsequent hyperinflation An economic system without money is incredibly inefficient, but our shared agreement in monetary value has historically never been enough. What's Wrong with Money? shows you the lessons from the past and the reality of the present and helps you make plans for the future of money., Following the Global Financial Crisis in 2008-2009, many observers expected widespread deflation to ensue. However, core measures of inflation barely budged because inflation is not related to growth. Money's value is tied to the amount of it in circulation, and to people's trust in central banks and governments. At this time, lazy central banks have greatly increased the amount of circulating money (as opposed to reserves) and the level of trust in global central banks and government fiscal authorities has begun to seriously erode. While expert Michael Ashton does not believe that there is a conspiracy over inflation reporting, many readers do. This audience, comprising retail investors, some institutional investors, and many citizens disenchanted with the actions of our burgeoning central government, sense something is rotten at the core. They are right. We need money. An economic system without money is incredibly inefficient. In principle, money does not need to be issued by central governments; all that is necessary for it to serve as a valid medium of exchange is that people trust that it has value. At one time this meant that the currency needed to be backed by something that had value beyond the issuer, such as gold and/or silver, so that trust in the issuer didn't matter as much. Nowadays, money only has value because we all agree that it has value, and we all agree that it will have value tomorrow. Historically, that has never been enough: a central bank which has authority to over-increase the supply of money has always done so. That is one way that money dies: slowly. But money can also die quickly. The troubles with a bitcoin exchange in 2014 illustrated how even minor "trust" issues can evaporate the value of money. This book will lay out this history, and illustrate how the erosion of trust (and central bank responsibility) today is leading to a high risk of both near term and long term inflation, along with a meaningful risk of a more-serious disruption. In this book, all investors will learn: The history of the value of money--backed by stored value or some kind, or not. Scenarios in which money dies "slowly" or "quickly" How to invest in these scenarios "die slowly" and "die quickly" scenarios What might cause the erosion of money scenario that can cause hyper-inflation and put the financial system into shock., The expert guide to understanding and surviving monetary failure Whats Wrong with Money? explores how and why money is valued and the warning signs that point to its eventual collapse. Author Michael Ashton is widely regarded as a premier expert on inflation, and in this book, he illustrates how the erosion of trust in central banks is putting us at high risk of both near- and long-term inflation and a potentially very serious disruption. Its not about a conspiracy surrounding inflation reporting; its about the tentative agreement we all carry that lends money its value. This value isnt necessarily inherent; while some currency is backed by stored value, others are not. This book walks you through the history of currency and details the ways in which it can fall apart. Youll learn how to invest in any type of collapse scenario, and youll gain expert insight into the warning signs that signal a coming shock to the financial system. Track the history of monetary value Consider how money could die slowly or quickly Learn investment strategies for both slow and quick scenarios Examine potential causes of erosion of trust in the monetary system, and the chilling results of such erosion An economic system without money is incredibly inefficient, but our shared agreement in monetary value has historically never been enough. Whats Wrong with Money? shows you the lessons from the past and the reality of the present and helps you make plans for the future of money.