How to Survive and Profit from the Coming Currency Recall
Jonathan Rice. McGraw-Hill/Contemporary, $14.95 (258pp) ISBN 978-0-8092-4998-5
Philadelphia entrepreneur Rice and broker Ciabattoni trace the role of currencygold, silver, paperin economic situations they claim are instituted by governments ""to confuse us'' and ``strip away our freedoms.'' Currency devaluation reduces individual wealth whileenriching political heirarchy, argue the authors. Such a ``currency recall,'' secret and sudden, lies ahead for Americans, we are cautioned here, ostensibly to foil counterfeiters and flush out a tax-dodging underground economy. In their erratic economic and financial survey, the authors come out flatly for repeal of the Sixteenth (income tax) Amendment and a return to the gold standard. Meanwhile, what can the individual investor do? Invest carefully in stocks and buy antique coins recommend the authors in this alarmist book. (June)
Details
Reviewed on: 01/01/1986
Genre: Nonfiction