The Price of Money

<p>'Pithy and punchy . . . Profoundly useful for anyone wanting to understand why the current global economy is in such a mess, and what that might mean for your own finances' <b>Gillian Tett</b> <br><br>'The great economist John Maynard Keynes once said that "not one man in a million" truly understands inflation - a state of affairs that is extremely problematic for millions of people and, by extension, for society as a whole. The Price of Money is an important contribution to redressing this problem.' <b>Andrew Craig</b><br><br> <b><i><u>The</u></i></b><b><u> book to explain why your money is losing value, and what you should do about it</u></b><br><br>For hundreds of years, working hard and saving up diligently would have set you up for financial security and a comfortable retirement. Not anymore.<br><br>For the last 50 years we've been living in a whole new financial world - one that's seeing your savings lose value faster than you can build them, asset prices explode out of most people's reach, and many slipping backwards however hard they try.<br><br><i>The Price of Money</i> explains, in a straightforward and entertaining way, what's changed - and what you should do now we're here. You'll learn why the pound has lost 99 per cent of its value, and how to use future declines to your advantage. You'll understand how the government produced £445 billion out of thin air in response to Covid, and which investments will benefit most as a result. Most importantly, you'll be shown what's coming next - and how to position yourself to gain rather than suffer.<br><br>You don't need even the slightest knowledge of economics to read this book - just a desire to understand why the world of money is working against you, and what to do about it.</p> <p><b>THE PHENOMENAL SUNDAY TIMES BESTSELLER</b></p><p></p><p><b>'Fascinating' Ed Conway, Economics Editor, Sky News</b></p><p><b>'Excellent' Laura Whateley, author of Money: A User's Guide</b></p><p><b>'Brilliant' Iain Dale, LBC Presenter</b></p><p></p><p><u><b>Learn how to make better financial decisions by understanding how the world of money really works.</b></u></p><p></p><p>Why is everything from cars to coffee suddenly getting more expensive?</p><p>How can the government produce billions out of thin air while your savings are shrinking?</p><p>And what can you do to get ahead in a time of economic chaos?</p><p></p><p>For centuries, working hard and saving up diligently would have set you up for financial security and a comfortable retirement. Not anymore.</p><p></p><p>Over the last 50 years, we've entered a new financial world - one where your savings lose value faster than you can build them, a global mountain of debt piles up ever higher, and most people slip backwards however hard they try.</p><p></p><p>In The Price of Money, a leading investment expert explains what's changed - and what you should do now we're here. You'll learn why currencies the world over have lost 99 per cent of their value, and how to use future declines to your advantage. You'll understand how the government can produce hundreds of billions out of thin air, and which investments benefit when they do. Most importantly, you'll be shown what's coming next - and how to position yourself to gain rather than suffer.</p><p></p><p>You don't need even the slightest knowledge of economics to read this book - just a desire to understand why the world of money is working against you, and what to do about it.</p><p></p>