Code Red · How to Protect Your Savings From the Coming Crisis by Mauldin, John -- Read -- Imperial Library of Trantor

Index

Contents Title Copyright Dedication Acknowledgments Introduction: Code Red Part One

Chapter One: The Great Experiment

How I Learned to Stop Worrying and Love Inflation Alphabet Soup: ZIRP, QE, LSAP Quantitative Easing, a.k.a. Money Printing Debasing Your Currency Navigating a Code Red World Key Lessons from the Chapter

Chapter Two: Twentieth-Century Currency Wars

The 1930s: First Mover Wins The Euro: Today’s Gold Standard The 1970s: Weaker Currencies, Higher Inflation Today versus the 1930s and 1970s Currency Wars and Japan Key Lessons from the Chapter

Chapter Three: The Japanese Tsunami

The Quake and the Sandpile Banzai! Banzai! Three Arrows Let’s Export Our Deflation Reform and the Demographics of Doom The Hard Part: Structural Reform Six Impossible Things A Modern Currency War Gentlemen, They Offer Us Their Flank Key Lessons from the Chapter

Chapter Four: A World of Financial Repression

Inflation and Interest Rates Financial Repression: Back to the Future Taxes by Another Means Will Real Inflation Please Stand Up? Inflation Is Your Friend Repression Hurts Retirees Everything Is Overpriced Key Lessons from the Chapter

Chapter Five: Arsonists Running the Fire Brigade

The Cult of Central Bankers Promoting Failure No Apologies, Only Promotions Key Lessons from the Chapter

Chapter Six: Economists Are Clueless

Assume a Perfect World Objects in the Rearview Mirror Are Larger than They Appear The Definition of Insanity Using Leading Indicators Making Decisions in Real Time Too Loose for Too Long The Return of the 1970s Key Lessons from the Chapter

Chapter Seven: Escape Velocity

Stuck in a Liquidity Trap The Economic Singularity The Minsky Moment The Event Horizon The Glide Path Where’s the High Inflation? Escaping the Liquidity Trap Overstaying One’s Welcome Key Lessons from the Chapter

Chapter Eight: What Will Happen When It All Goes Wrong

How Are Your Navigation Skills? A Red Balloon Full of Nitroglycerin The Mechanics of Exit QE = Hotel California When Deleveraging Gives Way to Credit Expansion, Watch Out for Inflation Key Lessons from the Chapter

Chapter Nine: Easy Money Will Lead to Bubbles and How to Profit from Them

Excess Liquidity Creating Bubbles Humans Never Learn Anatomy of Bubbles and Crashes Anatomy of Bubbles and Crashes Keep Moving, There’s Nothing to See Carry Trades and Bubbles What You Can Do in Bubbles Key Lessons from the Chapter

Part Two: Managing Your Money

Chapter Ten: Protection through Diversification

A Portfolio for All Seasons Avoid Making Mistakes Betting on Tail Risks Key Lessons from the Chapter

Chapter Eleven: How to Protect Yourself against Inflation

Inflation and Taxes Are Toxic for Investors Inflation: Who Wins, Who Loses Annuities, Stocks, and Bonds Buy Companies That Benefit from Inflation Build a Moat around Your Stocks Beware of False Moats Buy at the Right Time Key Lessons from the Chapter

Chapter Twelve: A Look at Commodities, Gold, and Other Real Assets

The Commodities Supercycle Is Dead The Biggest Buyer Stumbles What Really Moves Gold Prices Key Lessons from the Chapter

Conclusion Afterword About the Authors Index