259 Trillion Vs 5 Trillion book series describes the workings of our economy, in a way that will excite anyone, by incorporating hundreds of illustrations and beautiful charts, coupled with remarkable descriptions and explanations, yet everything was designed to be as simple as possible. The use of difficult terms and lingo of economics were avoided and explanations are given in plain English. There are also FREE accompanying video presentations for the lessons introduced in the book series, as well as bonus videos, which bring to a total of eight videos altogether.
BOOK 1: THE CONUNDRUM OF ASSETS & MONEY
The first book deals exclusively with assets and money, by focusing on the difference, usage, creation and the confusion about these two categories. This confusion is the basis of the widely hyped “return to the gold-backed money” movement. Gold is heavily discussed in this book.
This first book of the series is designed to be simple, unlike the 2nd book which is heavy on fractional reserve banking and how it operates. Book 1 of the series is fun to read and the thinnest in the series, yet without understanding the differences between money and asset, a reader will have difficulties in understanding fractional reserve banking and many other vital topics throughout the series.
BOOK 2: PAPER MONEY AND THE BANKING SYSTEM IN ACTION (Illustrated & Explained)
In the second book, the focus is on paper money. Its creation, backing and usage are completely explained. Also explained thoroughly are the widely misused and abused statements including the ‘Money out of thin air’, ‘Mountain of Debts’, ‘Exponential Debt’ and ‘Shrinking of the Purchasing Power’. A substantial part of the book is devoted to explaining the fractional reserved banking in a simple manner (illustrated of course!) and proving mathematically that it is not magic or a scam.
BOOK 3: THE WEALTH OF THE UNITED STATES, Plus Major Questions Since The Financial Crisis
Finally, in the third and final installment of the book, the accumulated wealth of the United States is calculated and compared to the accumulated debt. We will show that America is still far from being bankrupt and presented the solutions to return America to a path of ever higher glory. Also explained are the concept of GDP and its misuse, government roles in the economy, bubble troubles, the Middle class and its “Disappearance” and many more. Finally, a significant portion is devoted to personal finance such as renting vs. buying, investing options and retirement and financial education.
Don’t miss this exciting conclusion!