Customer Reviews

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

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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."

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 :^)

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

Richard Maybury has found a delightful way of explaining otherwise abstruse aspects of economics such as inflation, deflation, and velocity in a manner that can easily be understood by the lay person. His style of writing is both lucid and to-the-point. He explains runaway inflation by providing a very interesting example from France during the 1790s. His analysis of runaway inflation breaks it down into three easily recognizable stages. Maybury is also a student of history and his book will give you many examples of history repeating itself. All in all, I found the book both enjoyable and illuminating.

This book is great. It is the 2nd book of Uncle Eric I have read, the first being "what happened to penny candy." I would highly recommend both of these books for children and adults.