Publisher's Synopsis
Emperor Bernanke Has No Clothes - Michael Murphy Is Calling Him Out
Everyone is worried about what's going on with the economy. The Powers That Be continue to frantically give away huge piles of taxpayer money to get the US moving again and they're not willing to see that the bridge in the direction they're heading has collapsed.
Investment expert Michael Murphy, however, is doing what few seem willing to do: He's calling a spade a spade, dispassionately laying out the numbers and building a solid case for what is going to happen next in the US and world financial environments. (Hint: It's big and it's bad!) But it doesn't have to be bad for you. Why? Because after Murphy tells the hard-to-swallow truth, he presents easy-to-follow instructions on how to protect your assets, your family, and your future when the shift hits the fan.
Murphy was one of a very small group that sounded the warning on the real estate collapse and the government's costly, ineffective response. He navigated his newsletter subscribers through the mess to a documented 148.5% gain in 2009, and continues to outperform the markets in 2010. And while most of that small group are now predicting deflation, Survive the Great Inflation gives you an abundance of facts, figures, charts and graphs to prove deflation is not the problem. It is high inflation that will demolish most people's finances and retirement if they haven't planned for it.
Past government performance is no guarantee of avoiding future stupidity. In fact, maybe it's a formula for assuring it. You need to get a clear view of what's happening now and the exact moves you need to make that will allow you to prepare for and prosper through what's coming, no matter how extreme. That's nothing less than what Survive the Great Inflation has to offer.
Michael Murphy, the leading independent technology stock analyst in America with 40 years of experience in the trenches, has put himself in the right place at the right time to know what is happening with the US and world economies. After graduating with honors in Economics from Harvard in 1963, he became a computer programmer in the nascent computer industry. He then took advantage of a fortuitous opportunity at American Express and made a career shift to technology stock analyst. American Express was a venture capital investor in a little semiconductor start-up named Intel, and Michael grew up along with Silicon Valley.
He became Vice President: Investment Planning & Control for American Express Investment Management in San Francisco, then a Chartered Financial Analyst. Next, he spent several years at Capital Research & Management/American Funds as a Security Analyst and Director of Investment Statistics. Shortly after the introduction of the IBM personal computer, Michael foresaw the opportunity for individual investors and left Capital Research to found the highly successful California Technology Stock Letter, which later became today s New World Investor. He also has been Chief Investment Officer of three mutual funds and CEO of two software companies.
Michael is an award-winning writer with numerous influential articles on finance, and he authored the business best seller, Every Investor s Guide to High-Tech Stocks and Mutual Funds. He has been a featured investment expert in Worth, The Wall Street Journal, Barron's and Money, and appears on CNBC and CNNfn.
Books by Michael Murphy Every Investor's Guide to High-Tech Stocks and Mutual Funds, 3rd Edition: Proven Strategies for Picking High-Growth Winners (1997), High Tech Investing (Essential Finance 2001), Survive The Great Inflation: How to Protect Your Family, Your Future and Your Fortune from the Worst Fed Regime Ever (2010).
