Business, Economics & Law
Description
I urge everyone to read this important new book.”—RON PAUL, Host of Ron Paul Liberty Report
Americans are facing sticker shock at every turn: from the gas pump to the grocery store and every kind of consumer service. But the eye-popping price increases are just the tip of the iceberg in terms of the threat to the country’s economic recovery. Inflation showers windfalls on the rich while penalizing workers, savers, retirees, small businesses, and most of Main Street economic life.
New York Times bestselling author and former investment manager David A. Stockman, who served as director of the Office of Management and Budget under President Reagan, explains the roots of today’s runaway inflation so investors at all levels can calibrate their financial strategies to survive and thrive despite economic uncertainty.
The Great Money Bubble covers the entire economic landscape, including:
- Why the rising price of assets is far more dangerous than rising consumer prices
- The inside story on stock market manipulations and the effects of ultracheap debt
- Why real estate is no longer a guaranteed inflationary hedge
- Stockman’s four-step strategy to protect your savings and portfolio
After spearheading the economic policy for the Reagan Revolution, Stockman worked on Wall Street at the highest levels, and is now an adviser to professional investors. With this book, readers at all investment levels can have access to his groundbreaking financial advice.
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All translation territories and UK & Canada.
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Endorsements
Praise for THE GREAT MONEY BUBBLE: PROTECT YOURSELF FROM THE COMING INFLATION STORM by David A. Stockman
“With price inflation upon us with a vengeance, David Stockman is here to reveal who did it, how dangerous it could get, and what you should do to protect yourself.”—THOMAS E. WOODS, JR., New York Times Bestselling Author
“Stockman . . . points to the only way out: sound money, open markets, and a restoration of fiscal sanity. Civilization ignores this book at its peril.”—JEFFREY TUCKER, Founder, Brownstone Institute
“Stockman has masterfully diagnosed the cancer that the Federal Reserve has embedded in our financial markets, which have become, as Stockman artfully writes, ‘a coiled spring of irrational exuberance and momentum chasing.’ Couldn’t have said it better myself.”—WILLIAM D. COHAN, Former Wall Street Banker and New York Times Bestselling Author of House of Cards and Power Failure
“David Stockman is one of the most astute observers of the tragic and unnecessary implosion of our economy, monetary system, and society in general. I urge everyone to read this important new book.”—RON PAUL, Host of Ron Paul Liberty Report
“Read this book if you want to protect yourself from inflation, get the inside story on stock market manipulations, the liquidity crises and so-called ‘monetarism.’”—WALTER BLOCK, Harold E. Wirth Eminent Scholar Chair in Economics in the College of Business at Loyola University
“How politics mixes with central bank and the financial sector to provide a toxic brew of bad money, bad policy, and a fragile economy teetering on the edge of economic disaster.”—RYAN McMAKEN, Senior Editor, Mises Institute
Author Biography
DAVID A. STOCKMAN (MIAMI, FLORIDA) is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street.
Stockman’s career in Washington began in 1970, when he served as a special assistant to U.S. Representative, John Anderson of Illinois. From 1972 to 1975, he was executive director of the U.S. House of Representatives Republican Conference. Stockman was elected as a Michigan Congressman in 1976 and held the position until his resignation in January 1981. He then became Director of the Office of Management and Budget under President Ronald Reagan, serving from 1981 until August 1985. Stockman was the youngest cabinet member in the 20th century. Although only in his early 30s, Stockman became well known to the public during this time concerning the role of the federal government in American society.
After leaving government, Stockman joined Wall Street investment bank Salomon Bros. He later became one of the original partners at New York-based private equity firm, The Blackstone Group. Stockman left Blackstone in 1999 to start his own private equity fund based in Greenwich, Connecticut.
Stockman is the author of numerous New York Times bestselling books and also provides private research and analysis to professional investors and firms globally through “David Stockman’s Contra Corner,” his subscriber advisory relating to investing, global economics, and public policy.
Stockman was born in Ft. Hood, Texas. He received his B.A. from Michigan State University and pursued graduate studies at Harvard Divinity School. He lives with his wife Jennifer Blei Stockman, and they have two daughters, Rachel and Victoria.
The author lives & works in the Miami, Florida metro area.
Copyright Information
2022 HUMANIX BOOKS
HUMANIX BOOKS
HUMANIX BOOKS, a subsidiary of Newsmax Media, specializes in non-fiction books for independent thinkers from acclaimed experts in the areas of current events, health, finance, self-help, biography, faith, history and other topics that seek to inform and transform the human condition. Humanix has published numerous New York Times bestsellers and works from acclaimed authors, including Dr. Chauncey Crandall, David Horowitz, Ben Stein, and Dick Morris. https://humanixbooks.com/
View all titlesBibliographic Information
- Publisher HUMANIX BOOKS
- Publication Date November 2022
- Orginal LanguageEnglish
- ISBN/Identifier 9781630062194 / 1630062197
- Publication Country or regionUnited States
- FormatHardback
- Primary Price 27.99 USD
- Pages232
- ReadershipGeneral
- Publish StatusPublished
- Editionfirst
- Copyright Year2022
- Page size9x6 (9x6) inches
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