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Trade > Business & Personal Finance
Fake Money, Real Danger: Protect Yourself and Grow Wealth While You Still Can
Wiedemer, David
ISBN 13: 
9781119818076
ISBN 10: 
1119818079
Category: 
Business & Personal Finance
Edition: 
1
Publisher: 
Wiley
Format: 
Cloth
Status: 
Active
Imprint: 
Wiley
Affiliation: 
University of Wisconsin-Madison
Audience: 
General/trade
Dimensions: 
9.2 x 1.0 x 6.2 in
Pages: 
224
Weight: 
0.85
Retail Price: 
29.95
Quantity On Hand: 
0
Quantity On Order: 
0
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Synopsis:

The latest must-read book from the authors of the New York Times and Wall Street Journal Bestselling Aftershock series of books, Fake Money, Real Danger strips away the confusion and exposes what’s really happening to our economy and investments—and shows you what to do about it now, before it’s too late.

Picking up where Aftershock left off, Fake Money, Real Danger reveals how the Covid-19 pandemic—and the government’s massive money printing and borrowing in response to it—is providing investors with a once in a lifetime opportunity to build wealth in the near term, while also taking the crucial steps necessary to protect yourself and your investments from the inevitable Fake Money bubble pop in the longer term.

What FAKE MONEY?

  • Massive government money printing increased the U.S. money supply by more than 1,000% since 2008, printing more money in ONE MONTH in 2020 than during the two years of the Financial Crisis in 2008 and 2009.
  • Mammoth federal debt is now at a staggering $30 trillion—up $3 trillion in 2020 and on track for continuous huge increases. The amount of federal debt is nearing 10 times our annual tax revenues.

What REAL DANGER?

  • All U.S. economic growth since the Financial Crisis is entirely due to government borrowing. All of it. Without massive government borrowing we’d have no growth at all.
  • Stock markets will likely continue to rise because of Fake Money but face an inevitable crisis when continued massive money printing creates serious inflation.
  • You and every investor are now at a crossroads. Your next move will decide your fate: protection and profits OR wealth destruction and regret.

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