The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money Nowby Addison Wiggin & Samantha BukerIf you ended up on this website, you realize the dollar isn’t worth what it used to be. It’s not just your Great Depression–era relatives saying it. If we go back just to the 1970s (when I was but a humble toddler), the dollar was worth a lot more. What happened? Well, that’s what this Little Book will tell you, with plenty of ways you can save the value of what you earn, and even profit, from the upheaval that dollar decline promises ahead. Why am I so sure of the ultimate fate of the U.S. dollar? One simple fact: It’s just paper.

Every paper currency in the history of civilization has eventually lost its entire value.That’s not to say that there won’t be many stops along the way, pauses where the dollar rises against major currencies. However, today’s situation is more urgent than ever because a paper currency that doesn’t pay its holders a positive real interest rate tends to lose value at an accelerating rate. That describes the U.S. dollar (and most other currencies today).The velocity of dollar- shrinkage has all the hallmarks of going into hyperdrive, but we won’t know for sure the hour or the time. We don’t know who will be in the White House when it happens, or who will be the Fed Reserve chair. But when the powers that be kick the final legs out from the stool propping up the dollar, the crash will be rapid.That’s why I’m writing this book, to prepare you for whatever lies ahead. There are moves you can put in place right now that can turn a profit in a week, some in six months, some in three years, and some are plain, good, long- term insurance that you can pass on to your children.

Addison Wiggin is the executive publisher of Agora Financial, LLC, a fiercely independent economic forecasting and financial research firm. He’s the creator and editorial director of Agora Financial’s daily 5 Min. Forecast and editorial director of The Daily Reckoning. Wiggin is the founder of Agora Entertainment, executive producer and co-writer of I.O.U.S.A., which was nominated for the Grand Jury Prize at the 2008 Sundance Film Festival, the 2009 Critics Choice Award for Best Documentary Feature, and was also shortlisted for a 2009 Academy Award.

He is the author of the companion book of the film I.O.U.S.A.and his second edition of The Demise of the Dollar… and Why it’s Even Better for Your Investments was just fully revised and updated. Wiggin is a three-time New York Times best-selling author whose work has been recognized by The New York Times Magazine, The Economist, Worth, The New York Times, The Washington Post as well as major network news programs. He also co-authored international bestsellers Financial Reckoning Day and Empire of Debt with Bill Bonner.

Samantha Bukeris, managing editor of Addison Wiggin’s Apogee Advisory and associate editor of Capital & Crisis, Mayer’s Special Situations, and Strategic Short Report, all essential reading from Agora Financial. Her writing also appears in The Daily Reckoning, Whiskey and Gunpowder, and, most recently, The Washington Post. She’s a graduate of the NEA Arts Journalism Institute at Columbia University’s Journalism School. This is her first book.

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