The Great Devaluation: What Every Businessperson in America Needs to Know About the Global Monetary System

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In this groundbreaking book, national bestselling author Adam Baratta unveils the dark truth about the Federal Reserve, their suppression of gold, and why every American businessperson needs to understand how this will impact their quality of life.The Great Devaluationis about the imminent and future failure of the global monetary system. It covers the history of The Federal Reserve, how it was formed, why it was formed, and the secretive nature of the independent institution. The book also highlights how going off of the gold standard has facilitated the long-term devaluation of the US Dollar and has made the institution the most powerful in the world.The Great Devaluationmakes the case that years of manipulation by central banks have led to distorted and negative interest rates around the globe that central banks are powerless to normalize. This reality, coupled with ongoing massive government debt and deficits, indicates that central bankers have lost control of the monetary system. The book will make the argument that the next recession will be the nail in the coffin for the Federal Reserve and the global monetary system as we know it. As this occurs and becomes more obvious, gold will explode higher in value in the coming years.The Great Devaluationhighlights the major similarities between where we are today and where we were 90 years ago. It will examine the looming generational battle between Baby Boomers and Millennials and highlight how the next financial crisis will be a catalyst for a mindset shift away from monetary policies and more towards socialistic fiscal policies in the coming decades.The Great Devaluationwarns readers and investors of the risks they are facing with the potential collapse of the US Dollar and the global monetary system. The book suggests that readers prepare in order to avoid the pain associated with the collapse of the US Dollar.
LF/547123/R
Data sheet
- Name of the Author
- Adam Baratta [Baratta
Adam] - Language
- English
- Release date
- 2020