The Demise of the Dollar...: And Why It's Even Better for Your Investments (Agora Series) [Paperback]

Addison Wiggin (Author), Chuck Butler (Foreword)

Book Description

Series: Agora Series | Publication Date: April 4, 2008

Just when you thought the dollar couldn’t sink any further, it continues on a downward spiral. And now, with this fully revised and updated edition of The Demise of the Dollar, Addison Wiggin returns to reveal the many ways you can capitalize on this opportunity. Picking up where the bestselling original edition left off, this engaging book examines the many reasons behind the dollar’s ongoing decline and provides you with the information needed to financially survive and thrive during the years ahead.

Editorial Reviews

From the Back Cover

Just when you thought the dollar couldn't sink any further, it continues on a down-ward spiral. And now, with this fully revised and updated edition of The Demise of the Dollar, Addison Wiggin returns to reveal the many ways you can capitalize on this opportunity.

Picking up where the bestselling original edition left off, this engaging and entertaining book examines the many reasons behind the dollar's ongoing decline—including its structural flaws, the growing trade deficit, and the euro—and discusses the proper approaches to profiting from such a dynamic event. Along the way, you'll also discover how the dollar's slide will inevitably affect both world economies and your personal portfolio.

As the dollar continues to weaken, it has become clear that the impact is going to be significant as well as far reaching. The Demise of the Dollar . . . And Why It's Even Better for Your Investments will put this situation in perspective and provide you with the information needed to financially survive and thrive during the years ahead.

About the Author

Addison Wiggin is the Executive Publisher of Agora Financial, an investment research firm based in Baltimore, Maryland. Agora publishes The Daily Reckoning, a financial newsletter with more than 500,000 readers in the United States, Great Britain, and Australia, and is translated daily into French, German, and Spanish (www.dailyreckoning.com). It has received praise from mainstream publications, including Money, New York Times Magazine, and MarketWatch.com. Mr. Wiggin is the author of the original edition of The Demise of the Dollar. He is also the Executive Producer and a writer of I.O.U.S.A., a feature-length documentary film nominated for the Grand Jury Prize at the 2008 Sundance Film Festival. The film is inspired by the international bestsellers Financial Reckoning Day and Empire of Debt, which he coauthored with Bill Bonner.

Chuck Butler is the President of EverBank World Markets (www.everbank.com) and author of The Daily Pfennig, a riveting daily wrap-up of the currency markets.

Product Details

• Paperback: 197 pages
• Publisher: Wiley; Revised and Updated Edition edition (April 4, 2008)
• Language: English
• ISBN-10: 0470287241
• ISBN-13: 978-0470287248
• Product Dimensions: 9 x 6 x 0.6 inches
• Shipping Weight: 8.8 ounces (View shipping rates and policies)
• Average Customer Review: 3.3 out of 5 stars  See all reviews (15 customer reviews)
• Amazon Best Sellers Rank: #739,402 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

105 of 112 people found the following review helpful:

5.0 out of 5 stars New and improved, April 9, 2008

By 

Cautious Investor - See all my reviews

This review is from: The Demise of the Dollar...: And Why It's Even Better for Your Investments (Agora Series) (Paperback)

I read the first edition in early 2006, and it's a little breathtaking how many of its big-picture prognostications have come to pass -- especially the collapse of the housing market and the dramatically shrinking purchasing power of the bills in our wallets. Now, as the dollar tanks to record lows relative to other currencies, and we're reaping the whirlwind of endless money and credit creation by the Federal Reserve, this new (and considerably updated) edition examines where we go from here.

If anything, the historical examples cited ring even more true with the passage of the last two years. And while the outlook going forward is bleak, it is absolutely not hopeless. For anyone who suspects this might be another "goldbug" head-for-the-hills sort of book, rest assured it's not. It concludes with a host of sensible suggestions that, yes, include gold, but also a number of other hedges against a falling dollar that are worth considering as your cash buys less and less every day.

28 of 31 people found the following review helpful:

5.0 out of 5 stars Simple explanations of complex issues, May 1, 2008

By 

Tom Carpenter "- www.sysedco.com" (Marysville, OH) - See all my reviews
(VINE VOICE)   

This review is from: The Demise of the Dollar...: And Why It's Even Better for Your Investments (Agora Series) (Paperback)

I love the author's ability to explain complex topics in simple ways. The formula he gives for calculating GDP made a number of light bulbs go off in my mind as I truly understood the concept for the first time. This is not to say that I couldn't "explain or calculate GDP" before; it's just that this author's explanation made it so simple that true comprehension was achieved.

The catchy chapter titles and writing style make the book an enjoyable read even though the topic is heavy. While the book starts by painting a gloomy picture and then paints over this gloomy picture with fact after fact that are even more gloomy, he does not leave you there. There is some hope provided in the closing chapters of the book and, in reality, even the gloomy chapters give hope if one considers NOT living and doing the way those chapters describ our lives.

Excellent book to help you understand economics a little better and your economics specifically.

13 of 14 people found the following review helpful:

1.0 out of 5 stars not what I was looking for, June 3, 2008

By 

Readaholic (Deep South, USA) - See all my reviews

Amazon Verified Purchase

This review is from: The Demise of the Dollar...: And Why It's Even Better for Your Investments (Agora Series) (Paperback)

I regretted purchasing the book because I was looking for the author's concrete, systemic suggestions of what to do in a time of the dollar's demise. I was hoping for something like model portfolios or suggested portfolios and felt that in lieu of that the author's emphasis was on why we are in trouble and what the situation is. I was in the market for what to do about it. The other information I can easily find on Austrian School websites.