Financial History

Why Immigrants Are a Financial Gift to America's Economy is a direct, deeply-researched takedown of the tired myth that immigrants are a burden to the United States. This book exposes how the American economy depends on—and profits enormously from—foreign-born labor. Through thirty no-nonsense chapters, readers are taken through a historical, economic, and political autopsy of how immigration is used not only as a labor force but also as a convenient scapegoat during times of national decline. From the back-breaking work done by immigrants in railroads, agriculture, and healthcare, to ...

This book provides a comprehensive guide to repairing one's credit. The book covers a range of topics, including understanding the impact of credit utilization, dealing with debt and creditors, rebuilding credit, protecting against identity theft and credit fraud, and staying motivated throughout the credit repair process. The book provides practical strategies for reducing credit card debt, establishing new lines of credit, and building a positive payment history. It also covers the rights individuals have under the Fair Credit Reporting Act, and the benefits of having good credit. In ...

Do not ignore the warning signs! Are you tired of feeling like you're constantly at the mercy of the economy and financial markets? Do you want to understand the root causes of economic and financial crises and how they have affected societies throughout history? Are you worried about the next stock market crash? Do you want to protect yourself from them? Look no further! Introducing… The Truth about America's Financial Crisis: A Brief History of All Economic and Financial Crises Through Time This guide takes you on a journey through the ages, examining economic and financial crises from ...

Look at a map of the world and you’ll see a colorful checkerboard of nation-states. But this is not where power actually resides. Over the last decade, globalization has shattered the map into different legal spaces: free ports, tax havens, special economic zones. With the new spaces, ultracapitalists have started to believe that it is possible to escape the bonds of democratic government and oversight altogether. Crack-Up Capitalism follows the most notorious radical libertarians around the globe as they search for the perfect space for capitalism.

What happens when the truth is no longer enough—and stories are all that’s left to fight tyranny? Divided We Fall: Operation Neverland is a cerebral, thrilling, and audacious entry in the anthology that imagines a near-future America spiraling into authoritarianism. In this mind-bending tale, a covert trio of operatives weaponizes nostalgia itself, planting psychological triggers into beloved animated classics to unravel the fractured psyche of a dangerously unstable president. As the fairy tales roll, reality bends—and democracy itself teeters on the edge of madness. Told through ...

In the years immediately after the Civil War, tens of thousands of former slaves deposited millions of dollars into the Freedman's Bank. African Americans envisioned this new bank as a launching pad for economic growth and self-determination. But only nine years after it opened, their trust was betrayed and the Freedman's Bank collapsed. Fully informed by new archival findings, historian Justene Hill Edwards unearths a major turning point in American history in this comprehensive account of the Freedman's Bank and its depositors

Money is more than coins and bills—it is a complex human invention that has shaped civilizations, powered empires, and controlled societies for millennia. What Is Money?: A Human History of Debt, Delusion, and Domination traces the evolution of money from its ancient origins in ritual and grain to today’s digital currencies and shadow finance. This authoritative yet engaging account dismantles common myths, revealing how money functions not merely as a medium of exchange, but as a tool of social control, political power, and economic inequality. Explore the birth of money beyond barter ...

In 1995, Treasury Secretary Robert Rubin re-defined the next thirty years of currency policy that ushered in exceptional prosperity and cheap foreign goods, but the strong dollar policy also played a role in the devastating hollowing out of America’s manufacturing sector. Meanwhile, abroad, the United States increasingly turned to the dollar as a weapon of war. In Paper Soldiers, Saleha Mohsin reveals how the Treasury Department has shaped U.S. policy at home and overseas by wielding the American dollar as a weapon—and what that means in a new age of crisis.

Sand, salt, iron, copper, oil, and lithium. These fundamental materials have created empires, razed civilizations, and fed our ingenuity and greed for thousands of years. Without them, our modern world would not exist, and the battle to control them will determine our future. In Material World, Ed Conway embarks on an epic journey across continents, cultures, and epochs to reveal the underpinnings of modern life on Earth—traveling from the sweltering depths of the deepest mine in Europe to spotless silicon chip factories in Taiwan to the eerie green pools where lithium originates.

Current events have deep roots, and the key to navigating today’s roiling policies lies in the events that started it all — the 2008 economic crisis and its aftermath. Despite initial attempts to downplay the crisis as a local incident, what happened on Wall Street beginning in 2008 was, in fact, a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America.

What happens when money loses meaning and debt replaces discipline? The Ponzi Dollar: How Fiat Currency Bankrupted the World delivers a hard-hitting, expertly researched autopsy of the global financial system built on illusion, inflation, and institutional denial. From Nixon’s 1971 abandonment of the gold standard to the Federal Reserve’s unchecked money creation, this book exposes the deliberate shift from real value to financial fabrication. Through chapters that dissect Bretton Woods, the Vietnam War’s monetary fallout, central banking alchemy, and the rigged architecture of ...

The peril of paper money was seen in 1782 when Josiah Quincy wrote George Washington "that there never was a paper pound, a paper dollar, or a paper promise of any kind, that ever obtained a general currency but by force or fraud, generally by both." Are you interested in preserving your hard-earned purchasing power for the future beyond banksters' manipulation and their illness, inflation? There are only two ways to save for the future in our modern society: intrusive banks or stacking precious metals. The outcome of both choices is the antithesis of each other. The former system leads to ...

With Cutler Dawson at the helm for the last 14 years, Navy Federal Credit Union, the world's largest credit union, has quadrupled the size of the organization and made it an industry leader in customer service. It is now one of the most fiercely trusted and smoothly run financial institutions in the world ranked by Fortune magazine as a Best Place to Work for eight years. This book reveals an honest and straightforward look at Dawson's leadership philosophy and guiding principles.

In the space of a few months, across Asia, a miracle became a nightmare. This was the Asian financial crisis of 1995-98. In this economic crisis, hundreds of people died in rioting, political strongmen were removed, and hundreds of billions of dollars were lost by investors. This crisis saw the US dollar value of some Asian stock markets decline by 90 percent. Why did almost no one see it coming? The Asian Financial Crisis 1995–98 charts Russell Napier’s personal journey during that crisis as he wrote daily for institutional investors about an increasingly uncertain future.

In this study, Edward Yardeni and Melissa Tagg, two of the world’s most experienced and widely followed investment strategists and Fed watchers, provide investors with a practical understanding of the forces that drove monetary and fiscal policies during 2020 in response to the Great Virus Crisis. The focus is on the Fed. At the beginning of the year, Fed Chair Jerome Powell and his colleagues expected that the longest economic expansion in US history would continue and that the federal funds interest rate would remain range-bound between 1.50% and 1.75%.The outlook changed dramatically ...

This book explores what we can learn from the global history of financial bubbles and their booms and busts. Warren Buffett once said, "The first rule of an investment is don't lose money. And the second rule of an investment is don't forget the first rule. And that's all the rules there are." The tales of overreaching hubris and greed that follow in this book remind us not to get carried away and risk investment losses that are hard to recover from. Bulls and Bears make money, but Hogs get slaughtered. Navigating the financial markets' twists and turns can often feel like deciphering a ...

Financial Fates: A Psychological Thriller of Men Who Dared to Challenge The Fed In the shadowy corridors of power, where financial empires rise and fall, a dangerous conspiracy lurks. Financial Fates is a gripping psychological thriller that follows the men who dared to defy the ultimate authority—the Federal Reserve. As ambition collides with secrecy, the truth becomes a weapon, and survival is anything but guaranteed. When a group of influential men uncovers unsettling secrets about the creation of the Fed, they embark on a treacherous journey to expose the truth. But the deeper they ...

Sometimes small acts of kindness lead to greater things. The author of Darkness: A Slave's Story and The Lilac Nurse brings to life a heartbreaking story of a young boy in 1937 Missouri. Jeff Nebeker-Johnson creates a poignant tale of suffering and survival. The United States Depression of the 1930s was a difficult period between two world wars. Americans from all walks of life found themselves without food, work and a clear future. Danny, an eleven-year-old boy, learns that because of his father's shrewd financial tactics, they survive well with food and money. But circumstances can change...

In 2006, an oddball group of bankers, traders and brokers from some of the world's largest financial institutions made a startling realization: Libor - the London interbank offered rate, which determines the interest rates on trillions in loans worldwide - was set daily by a small group of easily manipulated functionaries, and that they could reap huge profits by nudging it to suit their trading portfolios.

In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however - the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown.