Why a return to sound money is our only hope for a true recovery
and a healthy global economy
""Money clearly illustrates that sound money is an essential
foundation for a free and prosperous society and that the Federal
Reserve's current policies are a greater threat to the economic
future of the U.S. than government deficit spending. This is an
important book well worth reading."" -- John A. Allison, President
and CEO, Cato Institute, and author of the "New York Times"
bestselling "The Financial Crisis and the Free Market Cure"
""Few topics today are as misunderstood as the subject of money.
Steve Forbes understands money better than most heads of state do,
and in this provocative book he shares his vast knowledge and gives
us sensible and time-tested recommendations for stopping future
financial meltdowns."" -- Lawrence Kudlow, CNBC Senior
Contributor
""Economic and monetary policies can be difficult to master for
even the savviest politicians. Money effectively communicates these
complexities into a cohesive argument for economic recovery and
preventing a new financial crisis. Steve Forbes and Elizabeth Ames
deliver a gripping read and an intriguing viewpoint on how to get
our economy back on track." "--Greta Van Susteren, host of On the
Record, Fox News Channel
""In this fascinating book, Steve Forbes makes the case for
sound money and shows why a money system based on free trade--a
system that allows the entrepreneurial dream to flourish--is not
just good business; it also makes for a good society. Money is a
rock-solid argument for the virtues of capitalism."" -- John
Mackey, Co-Founder and Co-CEO, Whole Foods Market; coauthor of the
"New York Times" bestselling "Conscious Capitalism"
Few topics are as misunderstood today as the subject of money.
Since the U.S. abandoned a gold-linked dollar more than four
decades ago, the world's governments have slid into a dangerous
ignorance of the fundamental monetary principles that guided the
world's most successful economies for centuries. Today's
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 1930s. Coauthored by
Steve Forbes, one of the world's leading experts on finance,
"Money" shows you why that doesn't 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 U.S. and other nations are
ever to overcome today's problems. Stable money, Steve Forbes and
Elizabeth Ames argue, is the only way to a true recovery and a
stable and prosperous economy.
Today's 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 2008 financial crisis, from whose effects we continue
to suffer. The Obama/Bernanke/Yellen 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.
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