About this item
Why a return to sound money is our only hope for a true recovery and a healthy global economy Few topics are as misunderstood today as the subject of money Since the US abandoned a gold-linked dollar more than four decades ago the worlds governments have slid into a dangerous ignorance of the fundamental monetary principles that guided the worlds most successful economies for centuries Todays wrong-headed monetary policies are now setting the stage for a new global economic and social catastrophe that could rival the recent financial crisis and even the horrors of the s Coauthored by Steve Forbes one of the worldxs leading experts on finance Money shows you why that doesnxt need to happen--and how to prevent it After reading this entertaining and hugely well-informed book you will know more about money than most people in the highest government positions today Money explains why a return to sound money is absolutely essential if the US and other nations are ever to overcome todays problems Stable money Steve Forbes and Elizabeth Ames argue is the only way to a true recovery and a stable and prosperous economy Todays system of fluctuating fiat money in which governments manipulate the value of the dollar and other currencies has been responsible for the biggest economic failures of recent decades including the financial crisis from whose effects we continue to suffer The ObamaBernankeYellen Federal Reserve and its unstable dollar policies are accelerating our course toward disaster the authors show in numerous convincing examples In Money Forbes and Ames answer these crucial questions What is the difference between money and value What is real wealth How does sound money contribute to a well-functioning society How have our money policy errors led to the current problems in global financial markets What can we do now to reestablish the strength of the dollar and other currencies The authors argue that the most effective way to return to a sound money policy and a healthy economy is to put the dollar back on a gold standard and they outline the several different forms a gold standard could take They also share invaluable suggestions for how to preserve our wealth and where to invest our money Money is essential reading for anyone interested in this crucially important subject.
About the Author
Steve Forbes is Forbes Media Chairman and CEO, and Editor-in-Chief of Forbes magazine, where his editorials appear as, "Fact and Comment." The company encompasses Forbes, ForbesLife, ForbesWoman and Forbes Asia magazines; the Web sites Forbes.com, Investopedia.com, RealClearPolitics.com, RealClearMarkets.com, RealClearSports.com, and Forbes.com Business & Finance Blog Network; and 10 international licensee editions. Forbes' publications together reach more than five million readers globally, and its Web sites reach nearly 40 million users each month. A widely respected economic prognosticator, Mr. Forbes is the only writer to have been a four-time winner of the highly prestigious Crystal Owl Award, formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate. In 1996 and 2000 he campaigned vigorously for the Republican nomination for the Presidency. His latest books are: How Capitalism Will Save Us (November 2009) ; and Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today . . . and the Lessons You Can Learn (June 2009) , both by Crown Business. He is also the author of Flat Tax Revolution: Using a Postcard to Abolish the IRS (2005) , and A New Birth of Freedom (1999) , a book of bold ideas for the new millennium.
