What seems crazy in normal times becomes necessary in a crisis In 2008, the world economy suffered through the Housing Crisis which wiped out nearly $10 trillion in global asset value. In response, the Federal Reserve created Quantitative Easing, and added $3.5 trillion to their balance sheet over the next seven years. In March of 2020, we had a crisis and the Federal Reserve added another $3.5 trillion to their balance sheet, only this time they did it in a matter of seven weeks! The real crisis facing the world today is not the Coronavirus. The real crisis facing the world is explosive government debt and deficits. Governments are now left with no choice but to spend more than they make, borrow more than they can ever repay, and devalue their currencies to cover it all up. Former Hollywood storyteller Adam Baratta brings monetary policy to life in this follow up to his national bestseller, Gold Is A Better Way. You'll learn how and why Federal Reserve policies have facilitated an explosion in government debt and have systematically undermined the world financial system in the name of profit. The result? An out of control system where financial inequality has become a ticking time bomb set to explode the global economy.
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About the Author
ADAM BARATTA is one of the most dynamic voices in the field of investments and precious metals today. A former award-winning screenwriter, director, and producer, Baratta has turned his passion towards the investment industry and the pendulum shift he sees coming as inflationary pressures return to the global economy. He is the co-owner of Advantage Gold, the highest rated precious metals firm in the United States, a member of the Inc. 5000., and bestselling author of Gold Is A Better Way. He is happily married and lives with his wife and daughter in Los Angeles.