Skip to content
Scan a barcode
Scan
Paperback Money Mystery 3rd Edition Book

ISBN: 0942617517

ISBN13: 9780942617511

Money Mystery 3rd Edition

(Book #7 in the Uncle Eric Series)

Select Format

Select Condition ThriftBooks Help Icon

Recommended

Format: Paperback

Condition: Very Good

$7.79
Save $3.16!
List Price $10.95
Only 9 Left

Book Overview

During the 1980s the velocity of circulation of the dollar became erratic; now the whole country is affected. The Money Mystery explains why Federal Reserve officials remain so afraid of inflation, explains precautions you should take, and explains the wild swings in the stock market. Few analysts understand what velocity is doing to the economy. Learn what you can do about it. This new third edition includes an all new chapter titled A New, or Very...

Customer Reviews

3 ratings

Excellent Primer In Economics - Very Informative

Excellent primer in economics, that is for the layman like myself. In lucid, clear terms, Maybury describes the meanings of the demand for money, velocity and inflation and how it affects us from all over the world. In this, low velocity exists in the low volume of currency being transferred due to persons holding on to their money, while high velocity exists in higher volumes of money transfer. And while the government inflates the money supply to pay for their expenses, inflation occurs which can lead to the second stage of devalue and inflation and third stage of runaway inflation. And so the government then raises interest rates and stops printing in attempt to slow down the inflation, which usually brings on a recession. It is here where many businesses are adversely affected from expansion from the inflation, only to be severely affected during the recession. In this, Maybury brings out the history lesson from the French, prior the revolution, from over inflating the money supply and the subsequent results of runaway inflation; the end result was a new government with a dictator, Napoleon. And the history of President Carter's freeze on Iranian assets in response to the hostages held for the U.S. protection of the overthrown Shah. And so such a freeze caused panic in the other Arab countries, who could not liquidate their assets so quickly as they were bound in real estate and other non-liquid holdings. And then Carter's embargo on Russia from her invasion in Afghanistan also created a panic in the economy, the dollar way down, gold way up. Lessons to learn. Helpful advise is given on how to invest - short term, on what to watch for, the curve in interest. A great theory is given on what has been happening over the recent years. The ideas are that the U.S. has been issuing bonds with greater interest which people buy and subsequently hold on to. This way the government can print to their hearts desire and not increase the velocity and inflation and the deficit can go up to unlimited degrees. But this however will bottom out one day when people become aware. And when that does, look out, there will be runaway third stage inflation - a disaster. So there are things to do and watch for and Maybury is truly beneficial and helpful, significant advice, knowledge and insight to be more alert in what to watch for. What also is highly recommended are Maybury's other books in economics, "What ever Happened to Penny Candy?" and "The Clipper Ship Strategy."

Number Three in a Nine Book Series and Just as Good!

It is amazing to say this but I feel like I am actually taking another course of study that should be part of my college curriculum. Mr. Maybury's books have allowed me to examine an area of study that I have been intimidated by for years. Economics never held any fasination for me in the past but when I am done with his series of books I may actually look into seeking further education in that subject. His books have given me the confidence to tackle that foe. One cannot wait to finish whichever book they are currently reading to move on to the next in the series in order to avoid loosing any of the recall from the previous ones. This is book three and I am already eying number 4, "Whatever Happened to Justice," on my bookshelf.Mr. Maybury has opened up the world of history, economics, money management, political backroom tactics, moral issues and government, bringing them all together in an easily understandable way to help us increase our understanding and improve ourselves. Great Book.

A good economy investigation book

the money mystery is a quality book made by blue stocking press. this book helps to reveal the hidden indicators affecting youre investments. it also shows you the problems of the financial panic of 1980 and how you can learn from them.Economics is a young and exact science and this book shows you how to understand it clearly and exactly. As you read through this book several investment tips will be provided for you. such tips as how to make a profit in a period of inflation,recession, deflation and a depression. but one cold hard fact reamains, You must plan ahead and watch for the indicators! the money mystery explains cleary what to look for and how to profit from them. I recommend this book highly :^)
Copyright © 2024 Thriftbooks.com Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks® and the ThriftBooks® logo are registered trademarks of Thrift Books Global, LLC
GoDaddy Verified and Secured