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The Great Devaluation
- How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset
- Narrated by: Adam Baratta
- Length: 8 hrs and 2 mins
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Publisher's Summary
Number one business best seller (Wall Street Journal, Amazon, USA Today)
The Great Devaluation 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: "What seems crazy in normal times becomes necessary in a crisis."
The Great Devaluation is the number one best-selling 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 spend more than they make, borrow more than they can ever repay, and devalue their currencies to cover it all up.
Former Hollywood storyteller Adam Baratta brings monetary policy to life in this follow-up to his national best seller Gold Is a Better Way. 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.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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- Debra Hamilton
- 24-11-2021
Brilliant insight
Listening to it repeatedly, so much to take in and well explained. A must read for anyone following current world events.
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- Anonymous User
- 06-06-2021
A must read for anyone uneasy about the world.
a great insite how the world economy machine works and where we could be heading. 10 out of 10 should read
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- Sitiveni
- 30-11-2023
Solid book
It’s a solid book but as an Austrian economist myself, I don’t agree with parts of the book although it’s probably due to the author trying to make this book simple for those readers that don’t have the economic background.
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- Tori
- 05-08-2023
Interesting and insightful
Great book very well written and easy to follow. I did find the content very interesting and insightful, a great introduction to the monetary system and how it works
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- Anonymous User
- 18-04-2024
buy Bitcoin
I agree with most of the tenets of this book. I just differ with the conclusion, instead of buying gold; buy Bitcoin.
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- Anonymous User
- 31-03-2022
It’s OK, and there are better ones
I’ve been trying to find a source that digs deeper on how the global gold/silver price is artificially kept down by authorities. Attracted by this book’s title, it barely scratches the surface.
And it seems the author hasn’t fully comprehend the sink role of crypto that is absorbing the inflation effect.
You won’t learn much from this book if you’ve already read <The Creature From Jekyll Island> and <Tragedy and Hope>, which are both on another level.
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