Great Devaluation: How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset

The Great Devaluation is the #1 bestselling book that explains why the real crisis facing the world today is not the Coronavirus, but explosive government debt and deficits. It explains how and why Federal Reserve policies have facilitated an explosion in government debt and undermined the world financial system in the name of profit, leading to financial inequality and a ticking time bomb set to blow up the global economy.

Format: Hardback
Length: 272 pages
Publication date: 17 September 2020
Publisher: John Wiley & Sons Inc

The Great Devaluation is a highly relevant and timely book that delves into the state of the global economy. Authored by Adam Baratta, the book offers a concise yet profound perspective on the current crisis. Baratta's central idea is that what may seem unthinkable in normal times becomes essential during a crisis.

In this regard, The Great Devaluation sheds light on the underlying real crisis facing the world today, which goes beyond the Coronavirus. The book argues that the primary concern is the explosive growth of government debt and deficits. Governments are now compelled to spend more than they earn, borrow beyond their means, and depreciate their currencies to cover their financial shortcomings.

Former Hollywood storyteller Adam Baratta brings a unique perspective to monetary policy in this follow-up to his national bestseller, Gold Is A Better Way. Through his storytelling approach, Baratta elucidates how and why Federal Reserve policies have contributed to the explosion of government debt and undermined the stability of the global financial system. The book highlights the detrimental effects of these policies on financial inequality, posing a significant threat to the global economy.

The Great Devaluation offers valuable insights into the complex dynamics of monetary policy and its impact on the world economy. It raises important questions about the role of governments, central banks, and financial institutions in shaping economic outcomes. The book encourages readers to critically evaluate the policies and practices that contribute to economic instability and to advocate for sustainable and equitable economic systems.

In conclusion, The Great Devaluation is a must-read for anyone interested in understanding the current global economic crisis and its underlying causes. By providing a comprehensive analysis of government debt, deficits, and monetary policy, Baratta offers a valuable perspective on the challenges facing the world today. The book encourages readers to be informed and engaged in the pursuit of a more stable and prosperous future.

Weight: 466g
Dimension: 160 x 235 x 25 (mm)
ISBN-13: 9781119691464