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Cover image for book The New Depression: The Breakdown of the Paper Money Economy

The New Depression: The Breakdown of the Paper Money Economy

By:Richard Duncan
Publisher:Wiley Professional Development (P&T)
Print ISBN:9781118157794
eText ISBN:9781118390290
Edition:1
Format:Page Fidelity

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Why the global recession will get worse before it gets better and what you can do to protect yourself This book explores in detail how quantitative easing, the practice of injecting paper money into an economy, will eventually and inevitably lead to inflation. However, this quantitative easing is practically the only thing keeping the global economy from complete collapse. Over the next decade, one or the other of these unsavory options is likely to occur. This book explains how quantitative easing works, what the consequences will likely be, and how a harsher phase of economic crisis looms just beyond the horizon. The New Depression explains what practical steps you can take to protect yourself from the coming instability.

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