Friday, August 9, 2013

The Impending Monetary Revolution by Edmund Contoski {Book Review}


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This is a very controversial topic there that Edmund Contoski dives into with his experience of over forty five years. With economic precariousness in the world today, should America return to the gold standard? It's a valid question that Edmund has been marketing and conducting investment seminars to share and spread the knowledge.

Edmund has made a topic that is tedious and tiresome, into a more fascinating. He writes a book that lays out the information in layman terms which makes it easier for more people to understand what's happening in the world around them.

Government are on the cliff to bankruptcy because there is no restraint. A gold standard would provide on their spending and manipulate credit. Greece is a great example that is mainly used to show the worst case scenario when a country spends more money than they have, while borrowing money to make up for it.

This hasn't really happened to the United States because we can just keep printing out our own money. Eventually after time this will devalue the dollar.

So the big question is, what do we do about this? What will happen in our children's lifetime? Our grandchildren? Why is unemployment at an all time high? One might say we should return to the gold standard. Read more about this topic and learn something new! I give this book a 5/5.



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