This is from the intro of Alan Greenspan’s new book The Map and the Territory: . My fondest hope for this book is that some of the insights my investigations have yielded will be of some use in bolstering the case for taking action now, in the short term, which is in our long-term collective self-interest despite the unavoidable short-term pain it will bring. The only alternative is incalculably worse pain and human suffering later. There is little time to waste. . Just so. But I must add, he hopes the policymakers will change course for the better. They will not. . My fondest hope as that MY readers on the subject of hyperinflation risk management will take the actions they currently can take cheaply and without much risk before it is too late to take those actions. The “incalculably worse pain and human suffering later” that Greenspan speaks of is survivable, but only if you follow the advice I have given here, at my web site and in my book How to Protect Your Life Savings from Hyperinflation & Depression, 2nd edition. johntreed/hyperinflationdepression.html
Posted on: Mon, 11 Nov 2013 00:54:31 +0000
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