by Steve Forbes
First published 2014
Money tackles one of today's most misunderstood subjects. Steve Forbes and Elizabeth Ames argue that monetary policy has become dangerously misguided since the U.S. abandoned the gold standard over forty years ago. They contend that current fiat currency systems, where governments manipulate dollar values, have caused major economic disasters including the 2008 financial crisis. The authors blame Federal Reserve policies under Obama, Bernanke, and Yellen for accelerating the path toward another catastrophe potentially rivaling the 1930s depression. Forbes and Ames explain fundamental concepts like the difference between money and value, how sound currency supports functioning societies, and why policy errors created current global financial problems. They advocate returning to a gold standard as the most effective solution and outline various forms this could take. The book provides concrete suggestions for preserving wealth and making investments in the current unstable environment.
Genres: business, economics, non-fiction, finance
Vibes: thought-provoking
Tropes: informative
Period: 21st-Century
272 pages · Hardcover · McGraw Hill