The Demise of the Dollar... and Why It's Great For Your Investments
As the dollar continues to weaken against other currencies, it is increasingly clear that this event will have a significant impact on investors and consumers around the world. Never before has the "reserve currency of the world" been so burdened by debt or suffered from such serious structural imbalances. The Demise of the Dollar . . . And Why Itís Great for Your Investments examines the reasons for the dollarís current slide and offers an up-close look at the Federal Reserveís attempts to "manage" the dollarís value. Filled with in-depth insights, wry wit, and sound advice, this intriguing text offers an inside glimpse of the reality of todayís dollar and its impact on the worldís economies as well as readersí personal portfolios.
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RISE OF THE GREAT
THE RECESSION THAT WASNT
FICTITIOUS CAPITALISM AND
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Alan Greenspan American assets billion borrowing Bretton Woods Bretton Woods system budget deficit Buffett capital central banks China consumer debt consumer spending consumption continue corporate countries created currency current account deficit decline deficit spending demand devaluation dollar falls dollar's value domestic economic growth economists effect equity euro excess exchange rates fact falling dollar Fed's Federal Reserve fiat money fiat money system foreign investors funds future global going gold reserves gold standard gross domestic product growing higher income increase industry inflation Japan Ludwig von Mises manufacturing monetary policy national debt Nixon nomic numbers options ounce paper money pegged printing problem productivity profits purchasing power recession recovery rency rise sector sell surplus tion trade deficit trade gap trend trillion U.S. debt U.S. dollar U.S. economy U.S. government U.S. trade United value of gold wealth