The Demise of the Dollar: And Why It's Even Better for Your Investments

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Overview

Just when you thought the dollar couldn’t sink any further, it continues on a downward spiral. And now, with this fully revised and updated edition of The Demise of the Dollar, Addison Wiggin returns to reveal the many ways you can capitalize on this opportunity. Picking up where the bestselling original edition left off, this engaging book examines the many reasons behind the dollar’s ongoing decline and provides you with the information needed to financially survive and thrive during the years ahead.

Product Details

  • ISBN-13: 9780470287248
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 4/4/2008
  • Edition description: Revised and Updated Edition
  • Edition number: 2
  • Pages: 197
  • Sales rank: 705,283
  • Series: Agora Series , #7
  • Product dimensions: 151.50 (w) x 231.00 (h) x 14.29 (d)

Meet the Author

Addison Wiggin is the Executive Publisher of Agora Financial, an investment research firm based in Baltimore, Maryland. Agora publishes The Daily Reckoning, a financial newsletter with more than 500,000 readers in the United States, Great Britain, and Australia, and is translated daily into French, German, and Spanish (www.dailyreckoning.com). It has received praise from mainstream publications, including Money, New York Times Magazine, and MarketWatch.com. Mr. Wiggin is the author of the original edition of The Demise of the Dollar. He is also the Executive Producer and a writer of I.O.U.S.A., a feature-length documentary film nominated for the Grand Jury Prize at the 2008 Sundance Film Festival. The film is inspired by the international bestsellers Financial Reckoning Day and Empire of Debt, which he coauthored with Bill Bonner.

Chuck Butler is the President of EverBank World Markets (www.everbank.com) and author of The Daily Pfennig, a riveting daily wrap-up of the currency markets.

Table of Contents

Foreword.

INTRODUCTION: Fall of the Great Dollar Standard.

Chapter 1: The "Recovery" That Wasn't.

Chapter 2: Fictitious Capitalism and the iPod Economy.

Chapter 3: Pathological Consumption.

Chapter 4: Short Unhappy Episodes in Monetary History.

Chapter 5: The Helicopter Theory, Inflation, and the Money in Your Wallet.

Chapter 6: Attention to Deficits Disorder.

Chapter 7: Alas, the Demise of the Dollar.

Chapter 8: Crisis and Opportunity in the Twilight of the Great Dollar Standard Era.

Notes.

Index.

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Sort by: Showing all of 2 Customer Reviews
  • Anonymous

    Posted February 18, 2006

    Interesting but somewhat cumbersome

    I liked this book. It covered a LOT of territory. I definitely feel better educated about foreign investments. However, be warned that the book does get technical and cumbersome in places. It could be better organized. And, at times I felt that there was simply too many topics to fill pages. Better editing and organization would have improved it.

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  • Anonymous

    Posted September 8, 2005

    Insightful!

    Addison Wiggin is a modern Jeremiah, warning that the U. S. economic sky is falling. Apparently the market for bad news is thriving. His `Daily Reckoning¿ newsletter boasts half a million subscribers and his prior work, `Financial Reckoning Day¿, was an international bestseller. Although one might quibble with the repetitious, even querulous tone of his narrative - okay, we¿ve got it already, the U.S. economy¿s a mess - it¿s pretty tough to dispute Wiggin¿s facts. The double-whammy of huge trade deficits combined with a colossal budget deficit has put the U.S. economy on such perilous footing that only a series of Federal Reserve Board-engineered investment bubbles, combined with runaway consumer spending, has kept it from falling like a muffed soufflé. The only flaw in his logic is history itself. Someone apparently forgot to inform the Americans that their economy is supposed to be failing. Their 'naïve' energy, ambition and optimism continue unabated. We strongly recommend this gothic economic treatise, if only because history also suggests that even a great party can¿t last forever.

    Was this review helpful? Yes  No   Report this review
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