May 2012
Intermediate to advanced
256 pages
3h 39m
English
book
The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money Now
by Addison Wiggin, Samantha Buker
Content preview from The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money NowBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter Eight
Dollar Codependents
The Casino Game
We’d love to say protecting yourself right now is as simple as cashing out of U.S. dollars. But that’s not going to cut it. Things are far from simple. Just take the euro. You certainly wouldn’t feel too confident putting your life savings in something whose dissolution is called for in daily headlines, but you would probably consider taking a European vacation sometime soon.
And, sure, maybe when you read this, the dollar may actually be strengthening against several global currencies. That’s why our publisher suggested we use “fluctuating”—not “shrinking” in our title. But we know you’re smarter than that, and will be looking long term to see the kinds of scenarios that can play out.
As it happens, since all currencies draw their worth from nothing but the government’s good word, something pretty dastardly could lie in store for more countries than just the United States. We’re already seeing it unfold in the massive rashes of inflation around the globe.
But how did we get here?
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.