Crashing the Dollar: How to Survive a Global Currency Crisis
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Crashing the Dollar crackles with the page-turning excitement of a spy novel or murder mystery as it tracks down those killing the U.S. Dollar, and strips bare the secret agenda and tactics of those behind today's impending economic collapse. The current economic downturn - the worst since the Great Depression - will soon be replaced, this book predicts, by severe inflation that could destroy the value of the U.S. Dollar. The dollar is the world's "reserve currency," used in international purchases of oil and other key commodities, and in central bank reserves that many other countries use to support their own currencies. Inflation is coming, this book argues, because the United States now has combined short-term and long-term obligations of more than $120 trillion. The most politically palatable way to pay these obligations is by "monetizing the debt," running tens of trillions of dollars off the printing press, which will cause the dollar's value to plunge and prices to soar. Crashing the Dollar offers ways to save our Republic and, if we prepare wisely, ourselves from the death spiral of extreme debt and extremist politics that scheming politicians and radical activists have deliberately created. Craig Smith, a street-smart, visionary entrepreneur, aided by former think tank futurist and investigative reporter Lowell Ponte, has produced a financial survival manual for those who love America. Crashing the Dollar book reviews and dollar news are posted daily at www.crashingthedollar.com.
- Idea Factory Press, February 2011
Idea Factory Press
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