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D**E
Great Read for Noobs who want to understand the relationship of the USD to Oil and Debt
Sorry, I was only limited to a hundred characters for the Headline.This was a great read as I was someone who didn't know the full story on how the US Dollar became the "world currency" and how pretty much all commodities are bought and paid for with the USD.This book is unique in the fact that it tells the story of how the world 'moved' from the "Gold Standard" to the USD / US Treasury Bonds, etc per a conversation between the author and "Mr X".It covers everything from how the United States got away from pegging the dollar to gold and how the United States has leveraged it's 'power' and influence to strong-arm sovereign nations that the United States owes debt to accept USD/T-Bills not backed by anything other than "Balsa Wood and Baby's Tears".But that's just touching the surface, it covers a myriad of topics of how other other countries, like China and Russia are seeking ways of getting away from the USD as payment for goods and services and using their own native currencies as a new standard instead of the USD.Lastly, it goes a bit more in-depth about the United States continuous problem with debt and how it's handling (more not doing a good job therin of) handling it's debt problems.Just read it, I think I got through it in a couple of weeks and I only really read on the weekends and sometimes before going to bed.
D**L
Read this book!
Excellent book. Well written and easy to understand. Ties the economic and political events together in a way that explains a what is happening around the world. Also gives some ideas on things you can do to prepare for the future. I am a subscriber to his services. Look at Luke’s twitter feed for an insight into his work. @LukeGromen
W**N
Wonderful read
I have been listening to many interviews with Luke over the years. When ever I hear he is on a particular podcast I get excited to listen to the podcast. I am finishing volume 1 and I am more then half way through it. So, what brought me to writing the review tonight? I had to buy volume 2!
D**H
Thought provoking
Provides a framework upon which one can formulate his/her own macro-economic thoughts which are not necessarily those expressed by the author.
T**T
Deep thinking about the money system
I used to think I knew about Wall Street b/c I like stocks. But until you get the finance system, you really don't know how things work. This will open your eyes. This is deep and really gets into the nitty gritty of the money system. It will make you think. This is not a 100 level course type of book. But it's not dense and boring. It is a conversation and that is a great way to present this info. Luke is great at marshaling a lot of facts, news, & charts to prove his points.
A**E
Provides a potential roadmap for the US's fiscal future
If you are looking for a potential roadmap for the fiscal future of The US, this is the book to read. Luke, through the interview process with fictional Mr. X, lays the groundwork as to how the US has gotten to its present fiscal state and the potential outcomes of our choices. Quick read with charts and links to source interviews and quotes (kindle version).
T**N
Luke Gromen is great!
This was a fast read and well worth the time. Luke Gromen outlines in a clear and concise way a plausible path to resolve the sovereign debt crisis that is fast upon us. If you are not very familiar with the ‘Free gold’ concept, this is required reading.
A**.
Great book
Insight into the changes that are happening. Looking fw to book 2. Hope it touches on bitcoin. Interesting to read.
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