LEADER 05318nam 2200649 a 450 001 9910452808503321 005 20200520144314.0 010 $a1-118-45715-3 010 $a1-299-44918-2 010 $a1-118-45717-X 035 $a(CKB)2550000001018577 035 $a(EBL)1162066 035 $a(OCoLC)826860938 035 $a(SSID)ssj0000855909 035 $a(PQKBManifestationID)11488946 035 $a(PQKBTitleCode)TC0000855909 035 $a(PQKBWorkID)10805070 035 $a(PQKB)10466794 035 $a(MiAaPQ)EBC1162066 035 $a(DLC) 2013004672 035 $a(Au-PeEL)EBL1162066 035 $a(CaPaEBR)ebr10683272 035 $a(CaONFJC)MIL476168 035 $a(EXLCZ)992550000001018577 100 $a20130128d2013 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe coming bond market collapse$b[electronic resource] $ehow to survive the demise of the U.S. debt market /$fMichael G. Pento 210 $aHoboken, N.J. $cJohn Wiley & Sons, Inc.$d2013 215 $a1 online resource (322 p.) 300 $aDescription based upon print version of record. 311 $a1-118-45708-0 320 $aIncludes bibliographical references and index. 327 $aThe Coming Bond Market Collapse: How to Survive the Demise of the U.S. Debt Market; Copyright; Contents; Introduction; Acknowledgments; Chapter 1: As Good as Gold?; The Great American Money Machine; ""Dad, Where Does Money Come From?""; The Implications of a Fiat Currency; Notes; Chapter 2: The Anatomy of a Bubble; The Great Depression-A Historical Comparison; Two Decades of a Bubble Economy; Does CDO Rhyme with Tulip Bulb?; Today's Bubble in Bonds Rhymes with the Debt-Fueled Real Estate Crisis; Notes; Chapter 3: Bernanke's Hair-of-the-Dog Economy 327 $aAustrian Trade Cycle Theory versus Keynesian Toys and Candy""End This Depression Now!""-The Game Show; ""I'm Not Addicted to Easy Money . . . and I Can Stop at Anytime""; No Way Out-Starring Ben Bernanke . . .; The Thirty-Year Party in the Bond Market; Notes; Chapter 4: Deflation Phobia and Inflation Philos; Fed Busters; Common Fed-lore Myth 1-The Myth of the Deflationary Death Spiral Monster; The Truth about Price Deflation; Fed-Lore Myth 2: Japan Proves that Debt and Deflation Go Hand-in-Hand; Myth 3: The Keynesian Fed-Lore of the Phillips Curve 327 $aMyth 4: You Can Rely on Government StatisticsMyth 5: The Fed Was Created for Your Benefit; Notes; Chapter 5: The Bubble Reality Check; The Investor Reality Check; The Interest Rate Reality Check; The Teaser Rate on U.S. Debt-Reality Check; Banker Reality Check; The China Reality Check; Washington's Addiction to Debt-Reality Check; Notes; Chapter 6: The End of an Empire; The End of a Monetary System; The Economic Laws of Debt; U.S. Debt-This Time It's Different; Is Austerity a Bad Thing?; Where Will All the Money Go?; The Bell Is Ringing for the Bubble in the Bond Market 327 $aBanana Ben to the RescueThe Cost of an Empire; Notes; Chapter 7: Real World Europe; The Creation of the Euro; Greece; Dr. Hayek vs. Dr. Keynes; Dr. Keynes and Dr. Hayek and America's Bout with Hyperinflation; I'll Take Currency Debasement for 40 Billion . . . a Month; Final Jeopardy; The Canary in the Coal Mine; Notes; Chapter 8: The Debt Crisis; From Pioneer to Penurious . . .; The Sixteenth Amendment . . . The Beginning of the Slippery Slope; Mexican Debt Crisis; The Asian Contagion; Russian Debt Crisis; The Debt Crisis Fallout; What Would It Look Like Here?; It Can't Happen Here? 327 $aI Don't Want to Be RightConclusion; Notes; Chapter 9: What Can the Government Do to Mollify the Debt Collapse?; The Principles of a Free Market; Solution 1: Allow the Deleveraging Process to Happen; Solution 2: Strengthen and Stabilize the U.S. Dollar; Solution 3: Allow Interest Rates to Rise to the Supply of Savings versus the Demand for Money; Solution 4: Balance the Budget; Solution 5: Aggressively Reduce the Amount Of Regulatory Burden; Solution 6: Simplify the Tax Code; Solution 7: Fair Trade and a Free Trade; Solution 8: Overhaul Education; Conclusion; Notes 327 $aChapter 10: How to Invest Your Money Before and After the Bond Bubble Bursts 330 $aThe coming financial apocalypse and what government and individuals can do to insulate themselves against the worst shocks In this controversial book a noted adherent of Austrian School of Economics theories advances the thesis that the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of the bubble will cause a massive interest rate shock that will send the US consumer economy and the US government-pumped up by massive Treasury debt-into bankruptcy, an event that will send shockwaves throughout the global economy. Mi 606 $aBond market$zUnited States 606 $aBonds$zUnited States 608 $aElectronic books. 615 0$aBond market 615 0$aBonds 676 $a332.63/23 700 $aPento$b Michael$f1963-$0858704 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452808503321 996 $aThe coming bond market collapse$91916779 997 $aUNINA