40 Money Traps That You Had Better Avoid
The financial crisis has shaken the world to its core. Many people no longer understand how the economy works - and what that it actually means to them. Martin Hüfner uses the form of a fictitious e-mail exchange to answer the question of the worried investor.
The world has gone wrong: Bonds used to be considered safe and stocks risky; nowadays the reverse seems to be true. The highly developed Western countries are drowning in debt and the highly rated emerging markets are weak. Many of us fall for popular slogans that proclaim that the gold standard guarantees stability, a high supply of money leads to higher inflation, or that deflation is a disaster. But much of these is wrong. Martin Hüfner picks up the key questions about money and the economy and explains them so that everyone can understand.