The Alpha Strategy: The Ultimate Plan of Financial Self-Defense for the Small Saver & Investor

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The Alpha Strategy: The Ultimate Plan of Financial Self-Defense for the Small Saver & Investor image
ISBN-10:

0917572025

ISBN-13:

9780917572029

Author(s): PUGSLEY, John A.
Released: Jan 01, 1980
Format: Hardcover, 242 pages
Related ISBN: 9780936906041

Description:

In this book the author is convincing and has remarkable insights when he writes about how the average hard-working American is the mark in the most sophisticated "sting" in history. He states that the scam is so incredibly clever that you are probably actively supporting your own plunder. He explains how ignorance about the nature of money and the principles of economics allows swindlers to secretly tap into your wealth. He explains that the only source of wealth is individual effort and theft ultimately results in lower production and a lower standard of living, it destroys your incentive to work as well as the thief's since he need not produce things himself if he is successful in stealing from you. The theft he describes is legal theft where an individual uses the power of government to either control your right to exchange your property or to confiscate your property directly, by inflation, taxation, and regulation. His solution to stockpiling wealth that he calls the Alpha Strategy is simply a plan to begin investing in real goods instead of paper claims on wealth. He believes it is the only rational answer for the small saver and investor. Best-selling author John A. Pugsley is an economist, and investment adviser.

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