In Book 1 of the 259 Trillion Vs 5 Trillion series, the terrible confusion between assets and money was thoroughly explained. Book 2 follows from the solid foundation laid by Book 1 so that the additional concepts are easier to grasp. Book 2 will explain the lies regarding exponential growth parroted by certain groups of 'experts' and then will dwell deep into explaining the statements such as "there are only 9 trillion of money but 32 trillion of debt, we are so doomed". Doom and gloom sells, but the 259TVs5T is not out to scare readers until they can hardly sleep, but it is designed to explain the fundamental of the economic system and the banking system. All of the explanations were made in a simple way with hundreds of stunning graphics to better illustrate the natural laws of the economy. Analysis made found that confusions occur as to what is the real purpose of money in the economy (a permanent storage of value is not one of the purpose). 99% of the general population do not understand the workings of the economy and especially, the banking system and was therefore taken advantage of by the doom and gloom club. This book series is designed to enable the masses to understand in great detail how the system works. You will be glad if you read Book 2 because the authors had promised the book to be the one that is a 'must have', culminated from years of research, study and debates. The authors mentioned that from more than 500 people they met; only two persons correctly replied how the central bank prints money for the economy and the two are not even bankers. After reading Book 2 of the series, your years of feeling anguish and guilt, abhorrent feelings towards the financial system and the unknowns will be gone for good. The authors used their engineering, their technical and mathematical skills to explain everything, from a neutral standpoint, by being totally objective without taking sides. The authors however extend their sympathies to the gold bugs. Years ago, the authors themselves thought that money should be backed by gold, until they found out that money should be backed by something valuable, and gold is not one of them. Once the inner workings of the systems are understood, it will be easy to check up on the health of the nation, to find out how wealthy America is, to find out where the middle class actually disappeared to, paying off the national debt and many more. All of these will be included in the third and final book in the series. The final book will discuss the immense wealth amassed by America through its 230+ years of history making it the richest country on the planet plus many major topics arisen since the Great Recession of 2008 such as the myth of the disappearance of the middle class, the deficit and the national debt, inflation and deflation, and the fairness of distribution of the economic pie with very surprising conclusion, which is the real reason why America is so successful with its free capitalism. The authors had created magnificent and simple to understand movie presentations for most of the concepts they presented in their book series, and they give them all away in their website for free download. The movie presentations made to accompany the book is one of their brilliant ideas to explain the economy in a simple way. You can take your time to understand the workings of the economy and you can repeat them easily, show and discuss with your friends and families. Now it is time for America to wake up from its slumber, from a misdirected, self fulfilling prophesies of doom, gloom and failures. The future is still great for America, yet the country is fast sliding into the abyss, unless the correct path is taken.
About the Author: Sharif Rahman is an experienced chemical engineer graduated from Vanderbilt University with a good set of problem solving skills. He likes to jump into complicated problems and will get to the bottom of it and lay it bare for others to see in a different angle. Using his engineering knacks and other hidden 'talents', he then presented the solution in a simple way. His motto is simple, which is "Make things 'as simple as possible'". He is currently busy working full time in a power and water company as a senior manager and uses his weekends to write. Amy Norwood Maine graduated magna cum laude from Vanderbilt University, where she spent part of her teenage years obtaining her engineering degree. Her mathematical skills and her reading abilities will amazes anyone around her. Don't simply believe those old economists with thick moustaches, is one of her mantras. Many of them are too busy to really think through what they wrote, and they only wanted publicity and most important of all, they like to scare their readers.