Inflation-Proof Your Portfolio: How to Protect Your Money from the Coming Government Hyperinflation - Rilegato

Voda, David

Rilegato

ISBN 10: 1118249275 ISBN 13: 9781118249277

Casa editrice: John Wiley & Sons Inc, 2012

Riassunto

The must-have guide on how to protect yourself during the coming age of hyperinflation

The Petersen/Pew Commission on Budget Reform recently warned that the national debt was expected to grow from 40 percent of the gross domestic product (GDP) in 2009 to 85 percent in 8 years, 100 percent in 12 years, and 200 percent by 2038. In other words, in just a few years the U.S. will owe twice as much as it produces. Since no conceivable level of taxes and borrowing will enable the country to service such an enormous debt, it is inevitable that government will turn to the same tricks its antecedents have been playing since Ancient Rome: debasing the dollar and letting inflation run rampant. Inflation-Proof Your Portfolio: Protect Your Money from the Coming Government Hyperinflation is your guide to understanding the debt crisis and rising inflation, packed with the key tools you need to protect yourself from the fallout.

• Neither an economic treatise nor a collection of specific investment advice, the book is intended as a resource to help empower citizens to take action to protect their money from the coming government-induced hyperinflation
• Essential reading for individual investors and general business readers alike who want to keep their money safe when inflation sets in
• A runaway self-publishing hit, this new edition is fully revised and updated
• Get the information you need to formulate your own plan of action to protect your investments

The U.S. dollar is almost certain to have a sustained run of extremely high inflation over the next decade because of continued huge government deficits and unfunded liabilities, and this book is the resource you need to be ready.

Su questo libro

L'autore:

DAVID VODA is a writer, businessman, and investor currently living in Boulder, Colorado. He has written on business topics for the Los Angeles Times and the New York Times, was a realtor in Palm Springs, California, and buys and sells real estate for his own account. He was a principal in Yes Yes Productions, which produced the award-winning feature, The Secretary. Most recently, he was producer of PJTV's business and economics show, Front Page.

Dalla seconda/terza di copertina:

Governments love inflation. Currency devaluation makes it easier for them to pay down national debt, but for everyone else, it means the evaporation of their hard-earned money. The value of the dollar is already in decline, and as the government's financial obligations become more pressing, things are only going to get worse. A lot of people are going to lose a lot of money, but you don't have to be one of them.

Based on four key principles?"exchange dollars for real things," "future money is cheap money," "diversify out of dollars," and "prepare for the worst, but expect the best"?Inflation-Proof Your Portfolio: How to Protect Your Money from the Coming Government Hyperinflation explains what you can do now to protect yourself from rapid inflation while you still can.

No one knows exactly when hyperinflation will hit?or how hard?but the guidance offered in these pages can help you keep your money safe no matter what. Filled with invaluable advice to help you prepare for any uncertainty, from moving money out of the bank and into safer stocks and mutual funds to buying land in the country and stocking up on food, this is the book you need to read to literally save your money.

In these turbulent economic times, protecting your assets is more important than ever. Essential reading for anyone who values their financial security, Inflation-Proof Your Portfolio gives you the tools to take action in the face of impending government-induced hyperinflation.

Su questa edizione

• Editore: John Wiley & Sons Inc
• Data di pubblicazione: 2012
• ISBN 10: 1118249275
• ISBN 13: 9781118249277
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 198