The Great Devaluation
How to Embrace, Prepare, and Profit from the Coming Global Monetary Reset

This is such a weird book. The more I think about Barattas arguments, the weirder the book becomes. Let me begin with how Baratta seems to view gold. He says that gold is the only currency made by god and that it has innate value. Even if you believed in a god, that doesn't give gold value, other th......more

The Great Devaluation may be one of the most timely books ever written on the state of the global economy. Baratta sums it up simply enough with the following idea: “What seems crazy in normal times becomes necessary in a crisis.” The Great Devaluation is a book that explains why the real crisis facin......more

The Great Devaluation (2020) tells the story of an economy in crisis. The global monetary system is a house of cards perched on a mountain of debt that threatens to topple at any moment. The villain of this story is the United States Federal Reserve, whose short-sighted policies – which have only he......more

The author is a gold bug, is dismissive of cryptocurrencies like bitcoin, and sneers at Modern Monetary Theory which holds that debt is good and let's have some more. He does a great job of explaining what is going to happen in the near future and certainly leaves the reader with a good deal of food......more

The content of this book is very repetitive and could have been included in about 30 pages instead of 200 or over. I was excited to read this book and quickly lost interest and had to force myself to finish it.......more