Demise of the Dollar: From the Bailouts to the Pandemic and Beyond

Addison Wiggin's third edition of "Demise of the Dollar: From the Bailouts to the Pandemic and Beyond" provides a timely and insightful account of the devaluation of the American dollar, considering the events of the last ten years, including the COVID-19 pandemic. It explores historic inflation, interest rates, the Federal Reserve, the Euro's impact, China's rise, cryptocurrencies, and the United States consumer debt addiction. The book offers strategies for making portfolios more resilient against economic shocks, examines the implications of increasing US consumer debt, and explores how foreign countries control the economic fate of the United States through debt issuance. It is a fascinating account of one of the most important trends in American economics in the last hundred years and provides guidance on how to structure portfolios to survive and thrive in a new financial environment.

Format: Hardback
Length: 224 pages
Publication date: 26 April 2023
Publisher: John Wiley & Sons Inc

In the third edition of his groundbreaking book, "Demise of the Dollar: From the Bailouts to the Pandemic and Beyond," Addison Wiggin delves into a devastatingly incisive analysis of the devaluation of the American dollar and its profound impact on individuals, businesses, and the global economy. This revised and updated edition, published by the New York Times, provides a timely and insightful account of the events of the past decade, including the devastating consequences of the COVID-19 pandemic.

The book offers a comprehensive exploration of historic inflation, interest rates, the Federal Reserve, the influence of the Euro since its introduction, the rise of China before the pandemic, cryptocurrencies, and the United States' consumer debt addiction. Wiggin demonstrates how these factors, and more, are interconnected, highlighting the American dollar's role as the world's "reserve currency."

Through this comprehensive examination, readers will gain valuable insights into what a weakened American dollar means for their portfolios and strategies to best protect against global macroeconomic risks. The book provides actionable advice on building resilience against economic shocks, downturns, and crises. It explores the implications of increasing levels of US consumer debt on investments and the world's largest economy. It also examines how foreign countries have exerted control over the United States' economic destiny through the issuance of debt.

"Demise of the Dollar" offers a fascinating account of one of the most significant trends in American economics over the past century. Wiggin provides incisive observations about the drivers of contemporary economies and offers specific and strategic guidance on how individuals and businesses can structure their portfolios to survive and even thrive in a new financial environment.

This third edition of "Demise of the Dollar" is a must-read for anyone interested in understanding the complex dynamics of the global economy and the implications of a weakened American dollar. It is a valuable resource for investors, policymakers, and individuals seeking to navigate the challenges and opportunities of the 21st century.

Weight: 478g
Dimension: 161 x 236 x 21 (mm)
ISBN-13: 9781394174652
Edition number: 3rd Edition