This book has changed the way I invest. While commercial fishing in Alaska with my 13 year old son, I once again listen to this book. Most of my crew members found this book entertaining and educational. The best part is my son Braiden was involved and asked great questions about economic history. I'm excited my son is understanding economics and how his early understanding will change his life. I will be buying a printed version to give to my son.
I love Peter Schiff! His metaphors are to economics, what the thumb is to the hand. You will be able to understand and grasp the basics of economics. Schiff fantastically presents information logically and backs his arguments with sound reasoning.
If you are are finance nerd, consider this a light fun summertime read about economic growth. The entire story is told as a metaphor using a fictitious island of fish eating people.
The story starts off simple, but manages to cover some decently complex topics such as international trade deficits, currency value, public policy, and hyper inflation. (Spoiler alert)
As a side note: the narrator did a wonderful job with some of the island characters. His impressions will help you figure out who the metaphorical leaders are.
This book basically opened my mind to how economy's of the past grew and why our current system is inferior and unfortunately about to fall. It was a great book they use facts to back thier data up and I would recommend it to anyone interested in the economy
This is basic information most people don't know. Easily understood but very profound. A must read. Read it please. Ok