The Money Mystery: The Hidden Force Affecting Your Career, Business and Investments (An Uncle Eric Book) [Paperback]

Richard J. Maybury (Author)

Book Description

ISBN-10: 0942617274 | ISBN-13: 978-0942617276 | Publication Date: October 1997

During the 1980s the velocity of circulation of the dollar became erratic; now the whole country is affected. "The Money Mystery" explains why Federal Reserve officials remain so afraid of inflation, explains precautions you should take, and explains the wild swings in the stock market. Few analysts understand what velocity is doing to the economy. Learn what you can do about it. This third edition includes an all new chapter titled A New, or Very Old, Form of Inflation.

"The Money Mystery" is the first sequel to "Whatever Happened to Penny Candy?" and provides essential background for getting the most from "The Clipper Ship ", both books are also available through Amazon.

Can be used for courses in Economics, Business, Finance, Government and History.

To improve the student's learning experience, also purchase the student study guide for "The Money Mystery", 3rd edition, titled "A Bluestocking Guide: Solving the Money Mystery".

Table of Contents for The Money Mystery
Uncle Eric's Model of How the World Works
Study Guide Available
Author's Disclosure
Fable of the Frog
1. The Financial Panic of 1980
2. A Shot of Inflation
3. Misleading Propaganda
4. The French Example
5. Stage Two Inflation
6. Khomeini
7. The Grain Embargo
8. Ramifications of the Panic of 1980
9. The Gloom-and-Doomers
10. Two Important Questions
11. The Financial Hair-Trigger
12. Federal Reserve Behavior
13. Another Important Lesson
14. The Lesson of the 1987 Crash
15. What You Can Do About It
16. Summary
17. The Velocity Demon Updated
18. A New, or Very Old, Form of Inflation

--This text refers to an alternate Paperback edition.

Editorial Reviews

Review

"While this volume of the 'Uncle Eric' series is a bit shorter and more specialized, it is an important component to the economic success model that Mr. Maybury is teaching. Mr. Maybury's historically-supported predictions are bound to shake business owners and anyone with investments." --Martha Robinson, Reviewer for HomeschoolChristian.com

"'The Money Mystery' by Richard J. Maybury is an important addition to his Uncle Eric series of books about economics, law, politics, and liberty. Mr. Maybury presents the complex subject of velocity in clear and concise terms, using fascinating examples from history, making this book, as well as others in the series, must reading for both young persons and adults. The entire series should be a required, integral component of the social studies curriculum in all public and private schools." --William P. Snavely, Emeritus Professor of Economics, George Mason University --This text refers to an alternate Paperback edition.

About the Author

Richard Maybury, also known as Uncle Eric, is a world renowned author, lecturer, and geopolitical analyst. He consults with business firms in the U.S. and Europe. Mr. Maybury is the former Global Affairs editor of "Moneyworld" and widely regarded as one of the finest free-market writers in America. Mr. Maybury's articles have appeared in "The Wall Street Journal", "USA Today", and other major publications. He has penned eleven books in the Uncle Eric series. His books have been endorsed by top business leaders, including former U.S. Treasury Secretary William Simon, and he has been interviewed on more than 250 radio and TV shows across America. --This text refers to an alternate Paperback edition.

Product Details

• Paperback
• Publisher: Bluestocking Pr (October 1997)
• Language: English
• ISBN-10: 0942617274
• ISBN-13: 978-0942617276
• Product Dimensions: 8.4 x 5.3 x 0.4 inches
• Shipping Weight: 5.6 ounces
• Average Customer Review: 4.8 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #3,401,559 in Books (See Top 100 in Books)

More About the Author

Richard Maybury, also known as Uncle Eric, is a world renowned author, lecturer, and geopolitical analyst. He consults with business firms in the U.S. and Europe. Mr. Maybury is the former Global Affairs editor of "Moneyworld" and widely regarded as one of the finest free-market writers in America. Mr. Maybury's articles have appeared in "The Wall Street Journal", "USA Today", and other major publications. He has penned eleven books in the Uncle Eric series. His books have been endorsed by top business leaders, including former U.S. Treasury Secretary William Simon, and he has been interviewed on more than 250 radio and TV shows across America.

Customer Reviews

Most Helpful Customer Reviews

23 of 23 people found the following review helpful:

5.0 out of 5 stars Excellent Primer In Economics - Very Informative, August 18, 2005

By 

R. Schwartz (United States) - See all my reviews
(REAL NAME)   

This review is from: The Money Mystery: The Hidden Force Affecting Your Career, Business, and Investments (An Uncle Eric Book) (Paperback)

Excellent primer in economics, that is for the layman like myself. In lucid, clear terms, Maybury describes the meanings of the demand for money, velocity and inflation and how it affects us from all over the world.

In this, low velocity exists in the low volume of currency being transferred due to persons holding on to their money, while high velocity exists in higher volumes of money transfer. And while the government inflates the money supply to pay for their expenses, inflation occurs which can lead to the second stage of devalue and inflation and third stage of runaway inflation. And so the government then raises interest rates and stops printing in attempt to slow down the inflation, which usually brings on a recession. It is here where many businesses are adversely affected from expansion from the inflation, only to be severely affected during the recession.

In this, Maybury brings out the history lesson from the French, prior the revolution, from over inflating the money supply and the subsequent results of runaway inflation; the end result was a new government with a dictator, Napoleon. And the history of President Carter's freeze on Iranian assets in response to the hostages held for the U.S. protection of the overthrown Shah. And so such a freeze caused panic in the other Arab countries, who could not liquidate their assets so quickly as they were bound in real estate and other non-liquid holdings. And then Carter's embargo on Russia from her invasion in Afghanistan also created a panic in the economy, the dollar way down, gold way up. Lessons to learn.

Helpful advise is given on how to invest - short term, on what to watch for, the curve in interest. A great theory is given on what has been happening over the recent years. The ideas are that the U.S. has been issuing bonds with greater interest which people buy and subsequently hold on to. This way the government can print to their hearts desire and not increase the velocity and inflation and the deficit can go up to unlimited degrees. But this however will bottom out one day when people become aware. And when that does, look out, there will be runaway third stage inflation - a disaster. So there are things to do and watch for and Maybury is truly beneficial and helpful, significant advice, knowledge and insight to be more alert in what to watch for.

What also is highly recommended are Maybury's other books in economics, "What ever Happened to Penny Candy?" and "The Clipper Ship Strategy."

13 of 16 people found the following review helpful:

4.0 out of 5 stars A good economy investigation book, March 25, 2000

By 

piffer (prunedale, California) - See all my reviews

This review is from: The Money Mystery: The Hidden Force Affecting Your Career, Business and Investments (An Uncle Eric Book) (Paperback)

the money mystery is a quality book made by blue stocking press. this book helps to reveal the hidden indicators affecting youre investments. it also shows you the problems of the financial panic of 1980 and how you can learn from them.

Economics is a young and exact science and this book shows you how to understand it clearly and exactly. As you read through this book several investment tips will be provided for you. such tips as how to make a profit in a period of inflation,recession, deflation and a depression. but one cold hard fact reamains, You must plan ahead and watch for the indicators! the money mystery explains cleary what to look for and how to profit from them. I recommend this book highly :^)

5 of 5 people found the following review helpful:

5.0 out of 5 stars Excellent little book, May 25, 2011

By 

J. Martin "Libertarian4Life" (USA) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: The Money Mystery: The Hidden Force Affecting Your Career, Business, and Investments (An Uncle Eric Book) (Paperback)

If you are a libertarian or want to learn more about the stages of inflation this is a great little book.
Great for home schoolers and anyone worried about Federal Reserve and possible worldwide collapse of the
central banking system. Also subscribe to Richard Maybury's investment newsletter, it is a great read.
The book talks about money velocity/demand and how central banks cannot control this, very relevant as
QE2 ends late June. I wish I had the Uncle Eric series when I was high school/junior high instead of the
neo-Keynesian fallacies they still teach.
Vote Ron Paul 2012