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<p><a href="http://www.creditcontraction.com" target="_blank">The Great Credit Contraction Book</a> is now available.</p>
<p>THE GLOBAL ECONOMY IS BUILT ON A DERIVATIVE ILLUSION. As the great credit contraction grinds on, the importance of performing accurate mental calculations of value will become more and more important. Every major country, including the United States, uses a fiat currency illusion as its legal tender. Even more troubling is that the world’s reserve currency—the United States Federal Reserve Note Dollar (FRN$)—is a currency illusion. This system is evaporating before our very eyes. This book describes the background leading to this evaporation, wh...