The Demise of the Dollar... and Why It's Great For Your Investments (Demise of the Dollar & Why It's Even Better for Your Investments)

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The Demise of the Dollar... and Why It's Great For Your Investments (Demise of the Dollar & Why It's Even Better for Your Investments)
by Addison Wiggin
from Wiley

Customer Reviews:

• Avg. Customer Rating: 3.5 / 5.0

• Sound Directional Advice on Investing
  After the revised version of this book came out recently, I thought it would be valuable to go back and read the 2005 version when the dollar was mid-way through its slide to the year 2008. As I checked the book out of the library, I had to laugh when the librarian pointed to the subtitle and said, "How does he think that a lower dollar is good for investments?" I responded, "I'm sure he's not talking about spending $1,000 a night for a hotel room in London."
  Well, that's the point. He doesn't say much... more info

• 3.5 stars-Yes.Massive banker financed speculation is the problem
  The author has correctly incorporated into his analysis what the basic problem has been in the USA since Paul Volcker became Federal Reserve Board Chairman in Oct.,1979-(a)bank speculation,(b) massive loans by banks to finance speculation by others and(c)the deregulation of the financial markets that has allowed the creation of a very powerful "shadow" banking system that is subject to NO regulation and and thrives on speculative finance.Unfortunately,he does not emphasize this problem enough.He does not... more info

• Interesting subject, a little repetitive
  I agree with some reviewers that the book is a little repetitive in the arguments. Despite of that I think this book helps to provide the big picture and all the factors involved in the Dollar depreciation, including some tips about investment. The problem per se is very difficult to deal with especially now with the United States entering a recession and the FED cutting interest rates, measures that do not help the dollar. But now, the important thing is to avoid the United States to enter a deep recession... more info

• The Demise of the Dollar
  This was a fairly good history review but did not discuss anything profound as to why a weak dollar is good for investments. An easy read but not impressive.

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