The Great Money Bubble

Protect Yourself from the Coming Inflation Storm

By: David A. Stockman

Narrated by: Sean Duffy

Length: 7 hrs and 53 mins

Publisher's summary

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 best-selling 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, listeners at all investment levels can have access to his groundbreaking financial advice.

©2022 Humanix Books (P)2022 Humanix Books

Amazing learning

Enjoy the closing chapters since it is essential moves to ameliorate the consequences outlined in book.

Pretty goood for 2023 read

This book does cover aspects of inflationary times that the US is experience and does speak about global issues that would effect the global economy. I have had some other books that have hit this message a little better but as a person that is does a lot of investing this book certainly helps keep your mind on the real matters at hand and helps me to remember not to listen to the news as that is a series of messages they want people to believe.

Good, but not what advertised or expected

If you are new to trying to understand what is going on, then this is a great primer and I highly recommend it. Truly.

However, if you’ve been tracking this for a while and aren’t looking for more confirmation on what you already know, but are instead looking for answers, then this is NOT the book for you.

Nothing wrong with the book, it’s good. But only “answers” are at the very end and they’re an inch deep versus the miles of data he drills down into on how we got here.

Scary good!

It’s got me motivated to reassess my portfolio & adjust it to a more stable position

Overall good

Good historical overview for the curious. not a lot of advice, but the advice is so simple that you don't really have to devote a lot of space to it. Like many who would be interested in this book, I'm concerned about inflation eating away my earnings and savings. This book, more than any other I've read really helped me understand that long periods of inflation are followed by deflation today is often sudden.

Top level view on the field below

Discussed the top level strategy on the financial landscape and gave excellent advice on how to handle the coming crash

Disappointing

Nothing revolutionary. I thought this was supposed to offer good advice on avoiding the coming crash. However, it’s 13 chapters of a history of how we got to our current economic situation and one chapter(the last one) of the same advice, everyone else … get out of debt, be sure to have cash on hand, cut down on your spending, put your money in a safe place. Sorry I wasted my credit.