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Book chapter
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Reference no. BEP12416
Chapter from: "Explaining Money & Banking"
Published by: Business Expert Press
Originally published in: 2023

Abstract

This chapter is excerpted from 'Explaining Money & Banking'. Turn Crisis Into Cash. Money matters got a lot scarier in 2020, and there is no end to the volatility in sight. Crisis means danger but also opportunity. To turn a profit during the next bust, or the next burst of inflation, individual investors and businesspeople must understand the economics of money, banking, and finance. That's what this book provides, in concise and understandable prose, with pictures. Understand inflation and interest rates, stock prices, money and monetary policy, and the basics of information and macroeconomic theory in short order. You might not beat the market after reading just this book, but if you learn its lessons, the market won't beat up your business or investment portfolio the next time the economy tanks due to pandemic, war, high taxes, or alien invasion.

About

Abstract

This chapter is excerpted from 'Explaining Money & Banking'. Turn Crisis Into Cash. Money matters got a lot scarier in 2020, and there is no end to the volatility in sight. Crisis means danger but also opportunity. To turn a profit during the next bust, or the next burst of inflation, individual investors and businesspeople must understand the economics of money, banking, and finance. That's what this book provides, in concise and understandable prose, with pictures. Understand inflation and interest rates, stock prices, money and monetary policy, and the basics of information and macroeconomic theory in short order. You might not beat the market after reading just this book, but if you learn its lessons, the market won't beat up your business or investment portfolio the next time the economy tanks due to pandemic, war, high taxes, or alien invasion.

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