Die grosse Geldentwertung: Wie Sie sich darauf vorbereiten und sogar davon profitieren koennen

Die Krise, die die Welt heute konfrontiert, ist nicht der Coronavirus, sondern die explodierenden Staatsschulden und Defizite. Den Regierungen bleibt keine andere Wahl, als mehr auszugeben, als sie einnehmen, mehr Kredite aufzunehmen, als sie jemals zurückzahlen können, und ihre Währungen abzuwerten, um alles zu vertuschen. Adam Baratta erweckt in seinem Nachfolger des US-Bestsellers Gold is a Better Way die Geldpolitik zum Leben und zeigt, wie und warum die Politik der Notenbanken eine Explosion der Staatsverschuldung begünstigt und das Weltfinanzsystem im Namen des Profits systematisch untergraben hat.

Format: Hardback
Length: 320 pages
Publication date: 11 August 2021
Publisher: Wiley-VCH Verlag GmbH

In normalen Zeiten, when things seem to be going smoothly, it may seem unnecessary to implement drastic measures. However, when faced with crises, such as the global financial crisis of 2008, which led to a loss of nearly $10 trillion in global wealth, it becomes evident that swift action is required. The crisis extended to government debts, with countries like Greece struggling to manage their financial obligations. Not only did the European Central Bank respond to this crisis, but the Federal Reserve in the United States also took steps to address the situation. In March 2020, a new crisis emerged, and this time, it was the US Federal Reserve that stepped in to provide relief. Just seven weeks later, the Fed added an additional $3.5 billion to its balance sheet, marking a significant increase in its financial interventions.

While the COVID-19 pandemic has undoubtedly brought challenges to the world, it is important to recognize that it is not the root cause of the current crisis. The real crisis lies in the exploding state and federal debts, which have reached unprecedented levels. Governments are left with few options other than to continue borrowing and spending, taking on more debt, or defaulting on their obligations. This approach not only threatens the stability of individual countries but also has the potential to destabilize the global financial system.

In his book "Gold is a Better Way: The Case for Sound Money," former Hollywood scriptwriter Adam Baratta sheds light on the role of central banks in perpetuating this crisis. He explains how the policies of these institutions have fueled the explosion of government debt and undermined the stability of the financial system. Baratta argues that the pursuit of profits by central banks has led to a system that is out of control, with financial inequality reaching alarming levels. The consequences of this system are potentially catastrophic, as it could lead to a global economic meltdown.

The book provides a comprehensive analysis of the history and mechanisms behind the current financial system, as well as alternative solutions that could help restore stability and prosperity. Baratta advocates for a return to sound money, which is money that is backed by a physical asset, such as gold or silver. He believes that this would provide a stable foundation for the economy, prevent inflation, and promote economic growth.

Furthermore, Baratta criticizes the policies of central banks, including the use of quantitative easing and zero interest rate policies, which he argues have contributed to the current crisis. He suggests that these policies have created a false sense of prosperity, leading to excessive borrowing and spending, which ultimately led to the accumulation of debt.

In conclusion, the current global crisis is a result of a combination of factors, including government debts, central bank policies, and economic inequality. While the COVID-19 pandemic has added a new layer of complexity to the situation, it is important to recognize that the root cause of the crisis lies in the unsustainable financial system. By advocating for sound money and calling for a more responsible approach to central bank policies, we can work towards a more stable and prosperous future for all.

Weight: 506g
Dimension: 224 x 161 x 28 (mm)
ISBN-13: 9783527510702