{"product_id":"the-great-devaluation-how-to-embrace-prepare-and-profit-from-the-coming-global-monetary-reset-hardcover","title":"The Great Devaluation: How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset - Hardcover","description":"\u003cp\u003eby \u003cb\u003eAdam Baratta\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e#1 Business Bestseller (\u003ci\u003eWall Street Journal\u003c\/i\u003e, Amazon, \u003ci\u003eUSA Today\u003c\/i\u003e)\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\u003ci\u003eThe Great Devaluation\u003c\/i\u003e may be one of the most timely books ever written on the state of the global economy. Baratta sums it up simply enough with the following idea: \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\"What seems \u003ci\u003ecrazy\u003c\/i\u003e in normal times becomes \u003ci\u003enecessary\u003c\/i\u003e in a crisis.\"\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eThe Great Devaluation \u003c\/i\u003eis the #1 bestselling book that explains why the real crisis facing the world today is not the Coronavirus. The real crisis facing the world is explosive government debt and deficits. Governments are now left with no choice but to\u003ci\u003e spend \u003c\/i\u003emore than they make, \u003ci\u003eborrow \u003c\/i\u003emore than they can ever repay, and \u003ci\u003edevalue\u003c\/i\u003e their currencies to cover it all up.\u003c\/p\u003e \u003cp\u003eFormer Hollywood storyteller Adam Baratta brings monetary policy to life in this follow-up to his national bestseller, \u003ci\u003eGold Is A Better Way\u003c\/i\u003e. You'll learn how and why Federal Reserve polices have facilitated an explosion in government debt and have systematically undermined the world financial system in the name of profit. The result? An out of control system where financial inequality has become a ticking time bomb set to blow up the global economy.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eWhat happens when central banks lose control of the monetary system? We don't have to speculate--The Great Depression of the 1930s tells us everything we need to know about what to expect in case of a financial collapse. The problem is, very few people understand just how close we really are to repeating this slice of history. All the warning signs are there--asset bubbles, explosive debt, social inequality, and political tensions, to name a few. And yet, we have been able to look the other way, potentially to our peril--until now. \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eThe Great Devaluation: How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset, \u003c\/i\u003e national bestselling author and leading gold investment strategist Adam Baratta shines a spotlight on the state of the monetary system and the Federal Reserve. Baratta brings a fresh and engaging perspective to a topic that investors urgently need to understand. He tells the story of how the Federal Reserve grew to be the secretive, ultra-powerful institution it is today, and how its tactics have resulted in an economy that is on its last, wobbly legs. \u003c\/p\u003e\u003cp\u003eAlthough it isn't easy to open our eyes to the imminent reality of economic collapse, it will be well worth the pain. Baratta reveals the history-proven strategies that we can use to insure ourselves against the coming collapse, recession, and depression. No matter what we do, the system is in trouble. The U.S. Dollar is in trouble. The Fed is in trouble. So, why not benefit by consciously pivoting our investments, our business practices, and our society? George Santayana famously said, \"Those that forget history are doomed to repeat it.\" \u003ci\u003eThe Great Devaluation\u003c\/i\u003e is a history lesson that offers readers a road map for what to expect and how to profit during the next, tumultuous decade.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eWhat seems \u003ci\u003ecrazy\u003c\/i\u003e in normal times becomes \u003ci\u003enecessary\u003c\/i\u003e in a crisis\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn 2008, the world economy suffered through the Housing Crisis which wiped out nearly $10 trillion in global asset value. In response, the Federal Reserve created Quantitative Easing, and added $3.5 trillion to their balance sheet over the next seven years. In March of 2020, we had a crisis and the Federal Reserve added \u003ci\u003eanother\u003c\/i\u003e $3.5 trillion to their balance sheet, only this time they did it in a matter of \u003ci\u003eseven weeks\u003c\/i\u003e! \u003c\/p\u003e\u003cp\u003eThe real crisis facing the world today is not the Coronavirus. The real crisis facing the world is explosive government debt and deficits. Governments are now left with no choice but to \u003ci\u003espend\u003c\/i\u003e more than they make, \u003ci\u003eborrow\u003c\/i\u003e more than they can ever repay, and \u003ci\u003edevalue\u003c\/i\u003e their currencies to cover it all up. \u003c\/p\u003e\u003cp\u003eFormer Hollywood storyteller Adam Baratta brings monetary policy to life in this follow up to his national bestseller, \u003ci\u003e Gold Is A Better Way.\u003c\/i\u003e You'll learn how and why Federal Reserve policies have facilitated an explosion in government debt and have systematically undermined the world financial system in the name of profit. The result? An out of control system where financial inequality has become a ticking time bomb set to explode the global economy.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eADAM BARATTA\u003c\/b\u003e is one of the most dynamic voices in the field of investments and precious metals today. A former award-winning screenwriter, director, and producer, Baratta has turned his passion towards the investment industry and the pendulum shift he sees coming as inflationary pressures return to the global economy. He is the co-owner of Advantage Gold, the highest rated precious metals firm in the United States, a member of the Inc. 5000., and bestselling author of \u003ci\u003eGold Is A Better Way.\u003c\/i\u003e He is happily married and lives with his wife and daughter in Los Angeles.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 272\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.1 x 9.1 x 6.1 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e August 04, 2020\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51769309561120,"sku":"9781119691464","price":25.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/a6f83b49eb52503078759823c4bceb6a.webp?v=1780345626","url":"https:\/\/ebocreations.com\/products\/the-great-devaluation-how-to-embrace-prepare-and-profit-from-the-coming-global-monetary-reset-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}