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The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money Now

Book Description

With the weakening dollar a hot topic for retirees, savers, and investors, this Little Book delves into the economic turmoil in the U.S. and shows how to survive it

The United States dollar is losing value at an alarming rate. According to the Organisation for Economic Co-operation and Development (OECD) index, the U.S. currency is 37 percent below fair value against the Australian dollar and 20 percent versus the Canadian dollar. The decline of the U.S. dollar is one of the biggest threats facing American investors today, but with the Little Book of the Shrinking Dollar: What You Can do to Protect Your Money Now in hand, you have the knowledge and the expertise you need to fight back.

Written by New York Times bestselling author Addison Wiggin, a leading economic forecaster, the book explores the reasons for the dollar's decline, and its precarious relationship to other currencies around the world. Filled with invaluable strategies for retirees, savers, and investors who want to keep their money safe no matter what lies ahead, the book is your one-stop guide to weathering the storm.

  • Covers strategies for safeguarding your wealth, including safer havens for money, alternative investments, and other opportunities

  • Written by Addison Wiggin, a three-time New York Times bestselling author and leading economic forecaster

  • Wiggin's predictions about the decline of the dollar have proven true time and again, making him the right man for the job when it comes to predicting what lies ahead

The U.S. dollar is no longer the secure and stable currency that most Americans grew up believing in. Even after recent gains, the dollar remains weak. But with the Little Book of the Shrinking Dollar you have a concise guide to what's driving its demise and everything you need to protect your money today and in the years to come.

Table of Contents

  1. Cover
  2. Contents
  3. Title
  4. Copyright
  5. Dedication
  6. Acknowledgments
  7. Introduction
  8. Chapter One: Dollar Decline
    1. Dollar’s Popularity Doesn’t Protect It
    2. The Old Lady of Threadneedle Street to USA: You’re Toast
    3. Russia and Iran Are Ditching the Dollar
  9. Chapter Two: Serial Bubble Blowers
    1. Why Isn’t All This Intervention Working?
    2. Bubblicious
    3. How Does Money Printing Work?
    4. When the Magic of Money Printing Wears Off
    5. Running Out of Tricks
    6. Who Chooses These Guys?
    7. What Occupy Wall Street Got Right
    8. What Occupy Wall Street Is Missing
  10. Chapter Three: Economic Reality Check
    1. What We Need Is More Manufacturing
  11. Chapter Four: Debts Do Matter
    1. And It’s Not Just the Government . . .
    2. Debt Downgrades around the World
    3. The Era of the Sovereign Default Is Now
    4. Things Aren’t Looking Good over in Muni-Land
    5. Bond King Confessional
  12. Chapter Five: Inflation 101
    1. Deflation Is Not a Dirty Word
    2. What You Need to Retire!
    3. Five Quick Inflation-Proofing Moves for Your Portfolio
  13. Chapter Six: Something’s Gotta Give
    1. Maintain Your Standard of Living—Despite the Central Bank
    2. Try This Anti-Inflation Play
    3. Phase III Retirement Investing
    4. Is My 401(k) Safe?
    5. Is My Bank Safe?
    6. Why You Might Try a Shari’ah Bank
    7. What About Retiring Overseas?
    8. The United States Wants to Keep You as a Milk Cow
    9. Offshore Trusts Aren’t Just for Big Corporations
    10. Two Big Inflation-Outpacing Investments for Whatever the Future Holds
  14. Chapter Seven: A Tale of Two Deficits
    1. The Myth of the Yen Miracle Revealed
    2. The Wisdom of “Dr. No”
    3. The United States Reaches the 100 Percent Milestone
  15. Chapter Eight: Dollar Codependents
    1. Why Is the Dollar the World’s Favorite?
    2. Why Peg?
    3. Argentina 1991
    4. Tequila Crisis 1994
    5. Asian Banking Crisis 1998
    6. Zimbabwe Hyperinflation circa 2006–2010
    7. Why Not to Peg?
    8. Pegging Destroyed This Safe Haven
    9. Watch Out for This Government Crackdown
  16. Chapter Nine: The Dollar’s Days Are Numbered
    1. “Biggest Central Bank Gold Rush in 40 Years?”
    2. Gold Buyers ‘R’ Us
    3. Gold Is Getting Harder to Find
    4. A Return to Sound Money
  17. Chapter Ten: Currency Winners
    1. Rick Rule Bets on the Chilean Peso
    2. Michael Covel Gives a Total Strategy
    3. Chuck Butler Goes for the Renminbi
    4. Jim Rogers’s Home Currency: The Singapore Dollar
    5. Peter Cooper Gives One to Avoid . . . and Three to Buy
    6. Commodity-Backed Currencies to Consider
    7. But What About the Euro?
  18. Chapter Eleven: Dollar Apocalypse
    1. China Ends Dollar’s Reign
    2. Ron Paul: Expects a Basket . . . of Gold
    3. Bill Bonner Lists the Dollar’s Three Main Downfalls
    4. Lawmakers Aren’t Ready to Act
    5. What the Dollar’s Day of Reckoning Will Look Like
    6. Change How You Think
  19. Chapter Twelve: Tips on Surviving the Next Crisis
    1. How Would You Like That Gold?
    2. Profit from Playing Commodity Catch-Up
    3. Spring for the Picasso?
    4. Get Serious about Protecting Your Wealth
    5. Seven Steps to Surviving the Next Crisis
    6. Feel Like You Don’t Know Where to Begin? Start Your Own Investing Group