The Demise of the Dollar... And Why It's Great for Your Investments

by Addison Wiggin

• ISBN13: 9780471746010
• ISBN10: 0471746010
• Format: Paperback
• Copyright: 2005-08-01
• Publisher: Wiley

Summary

As the dollar continues to weaken against other currencies, it is increasingly clear that this event will have a significant impact on investors and consumers around the world. Never before has the "reserve currency of the world" been so burdened by debt or suffered from such serious structural imbalances. The Demise of the Dollar . . . And Why It's Great for Your Investments examines the reasons for the dollar's current slide and offers an up-close look at the Federal Reserve's attempts to "manage" the dollar's value. Filled with in-depth insights, wry wit, and sound advice, this intriguing text offers an inside glimpse of the reality of today's dollar and its impact on the world's economies as well as readers' personal portfolios.

Author Biography

Addison Wiggin is the Editorial Director and Publisher of the Daily Reckoning newsletter.

Table of Contents

INTRODUCTION: RISE OF THE GREAT DOLLAR STANDARD	1	(10)
CHAPTER 1: THE RECESSION THAT WASN'T	11	(10)
CHAPTER 2: FICTITIOUS CAPITALISM AND THE IPOD ECONOMY	21	(10)
CHAPTER 3: PATHOLOGICAL CONSUMPTION	31	(17)
CHAPTER 4: SHORT UNHAPPY EPISODES IN MONETARY HISTORY	48	(34)
CHAPTER 5: THE HELICOPTER THEORY, INFLATION, AND THE MONEY IN YOUR WALLET	82	(16)
CHAPTER 6: ATTENTION TO DEFICITS DISORDER	98	(38)
CHAPTER 7: ALAS, THE DEMISE OF THE DOLLAR	136	(26)
CHAPTER 8: CRISIS AND OPPORTUNITY IN THE TWILIGHT OF THE GREAT DOLLAR STANDARD ERA	162	(37)
Notes	199	(10)
Index	209