Wise Investing in a Foolish Age
Contents
Acknowledgments...........................................................................................................................................XI
Introduction.................................................................................................................................................XIII
Return of the Stagflation Trap.........................................................................................................................1
Chapter 1. The Road to Financial Ruin.......................................................................................................3
Chapter 2. What Is Stagflation?................................................................................................................7
Chapter 3. Debt Deflation..........................................................................................................................9
Chapter 4. Demographics – Aging Populations........................................................................................11
Chapter 5. Rising Taxes...........................................................................................................................13
Chapter 6. Innovation and Productivity...................................................................................................15
Chapter 7. Stagflation Implications..........................................................................................................17
A World of Funny Money: The Inflation Time Bomb.....................................................................................23
Chapter 8. What Is Money?.....................................................................................................................25
Chapter 9. Inflation: The Hidden Tax.......................................................................................................29
Chapter 10. The $100 Trillion Entitlement Black Hole...............................................................................33
Chapter 11. What Is the True Inflation Rate?..........................................................................................39
Chapter 12. The Importance of Real Interest Rates................................................................................41
Chapter 13. Currency Debasement Inflation............................................................................................43
Chapter 14. The Three Stages of Inflation...............................................................................................53
Chapter 15. How Inflation Will Impact You...............................................................................................57
The Inflation Survival Guide..........................................................................................................................61
Chapter 16. Investing in Gold and Silver..................................................................................................63
Chapter 17. Building Wealth in the New Age of Volatility.........................................................................67
Chapter 18. Focus on Cash Flow.............................................................................................................73
Chapter 19. Thematic Investing...............................................................................................................75
Concluding Thoughts: The Flood is Coming...................................................................................................79
Works Cited....................................................................................................................................................83
Appendix 1: Full Quote by Ludwig von Mises about Inflation.....................................................................87
Appendix 2: Summary of George Washington’s Farewell Address.............................................................89
Introduction.................................................................................................................................................XIII
Return of the Stagflation Trap.........................................................................................................................1
Chapter 1. The Road to Financial Ruin.......................................................................................................3
Chapter 2. What Is Stagflation?................................................................................................................7
Chapter 3. Debt Deflation..........................................................................................................................9
Chapter 4. Demographics – Aging Populations........................................................................................11
Chapter 5. Rising Taxes...........................................................................................................................13
Chapter 6. Innovation and Productivity...................................................................................................15
Chapter 7. Stagflation Implications..........................................................................................................17
A World of Funny Money: The Inflation Time Bomb.....................................................................................23
Chapter 8. What Is Money?.....................................................................................................................25
Chapter 9. Inflation: The Hidden Tax.......................................................................................................29
Chapter 10. The $100 Trillion Entitlement Black Hole...............................................................................33
Chapter 11. What Is the True Inflation Rate?..........................................................................................39
Chapter 12. The Importance of Real Interest Rates................................................................................41
Chapter 13. Currency Debasement Inflation............................................................................................43
Chapter 14. The Three Stages of Inflation...............................................................................................53
Chapter 15. How Inflation Will Impact You...............................................................................................57
The Inflation Survival Guide..........................................................................................................................61
Chapter 16. Investing in Gold and Silver..................................................................................................63
Chapter 17. Building Wealth in the New Age of Volatility.........................................................................67
Chapter 18. Focus on Cash Flow.............................................................................................................73
Chapter 19. Thematic Investing...............................................................................................................75
Concluding Thoughts: The Flood is Coming...................................................................................................79
Works Cited....................................................................................................................................................83
Appendix 1: Full Quote by Ludwig von Mises about Inflation.....................................................................87
Appendix 2: Summary of George Washington’s Farewell Address.............................................................89
