'Pithy and punchy . . . Profoundly useful for anyone wanting to understand why the current global economy is in such a mess, and what that might mean for your own finances' Gillian Tett
'The great economist John Maynard Keynes once said that "not one man in a million" truly understands inflation - a state of affairs that is extremely problematic for millions of people and, by extension, for society as a whole. The Price of Money is an important contribution to redressing this problem.' Andrew Craig
The book to explain why your money is losing value, and what you should do about it
For hundreds of years, working hard and saving up diligently would have set you up for financial security and a comfortable retirement. Not anymore.
For the last 50 years we've been living in a whole new financial world - one that's seeing your savings lose value faster than you can build them, asset prices explode out of most people's reach, and many slipping backwards however hard they try.
The Price of Money explains, in a straightforward and entertaining way, what's changed - and what you should do now we're here. You'll learn why the pound has lost 99 per cent of its value, and how to use future declines to your advantage. You'll understand how the government produced GBP445 billion out of thin air in response to Covid, and which investments will benefit most as a result. Most importantly, you'll be shown what's coming next - and how to position yourself to gain rather than suffer.
You don't need even the slightest knowledge of economics to read this book - just a desire to understand why the world of money is working against you, and what to do about it.