The Price of Money: How to Prosper in a Financial World That's Rigged Against You

Description

The bestselling guide to why your money is losing value (and what you can do about it). For centuries, working hard and saving up diligently would have set you up for financial security and a comfortable retirement. Not anymore. Over the last 50 years, we've entered a new financial world - one where your savings lose value faster than you can build them, a global mountain of debt piles up ever higher, and most people slip backwards however hard they try. In The Price of Money, a leading investment expert explains what's changed - and what you should do now we're here. You'll learn why currencies the world over have lost 99 per cent of their value, and how to use future declines to your advantage. You'll understand how the government can produce hundreds of billions out of thin air, and which investments benefit when they do. Most importantly, you'll be shown what's coming next - and how to position yourself to gain rather than suffer. You don't need even the slightest knowledge of economics to read this book - just a desire to understand why the world of money is working against you, and what to do about it.

Rob Dix started investing as a hobby using his spare cash, but soon became obsessed. Over the next ten years, he would do everything he could to educate himself about the financial world and to pass on what he learnt. Today, Rob is one of Britain's best-respected finance experts. Whether he's presenting The Property Podcast (Britain's most-downloaded investment podcast) or writing his weekly property column for The Sunday Times, Rob is on a mission to teach the world about how money, the economy and investment really work. Rob's fourth book, The Price of Money, was an instant number 1 bestseller when it was first published in 2022. This new edition has been completely revised and updated for today's economy.

This brilliant book offers a singularly clear, accessible and funny introduction to where our economic malaise has come from - and how understanding it can help any of us make better financial decisions. I cannot recommend it highly enough. -- IAIN DALE A pithy and punchy guide that explains in a very engaging and readable manner the essentials of modern finance and economics. It is profoundly useful for anyone wanting to understand why the current global economy is in such a mess, and what that might mean for your own finances. -- GILLIAN TETT, Editor-at-Large of the Financial Times Dix has produced as lucid and comprehensive account of money and its pitfalls as you are likely to find. In an age of elevated prices it is highly relevant to all our lives. -- ALEX BRUMMER, City Editor of the Daily Mail A tour of the nuts and bolts that hold the economy together is not supposed to be interesting, but Rob Dix makes it fascinating. This is a bracing ride through the unexpectedly wild world of money. -- ED CONWAY, Economics Editor, Sky News Very little affects your quality of life more than money - and it's hard to get and to keep if you don't really understand how it works. After you've read Rob Dix's short, sharp introduction, you will know more than most ordinary people about how money works - and also (I'm sorry to say) rather more than most Cabinet ministers too. -- MERRYN SOMERSET WEBB, Bloomberg Columnist and host of Merryn Talks Money