Author: Eric Majors
ISBN: 978-0986291708
Pages: 245
Genre: Finance/Economy
This book is about a new currency.
Dot Money is a revolutionary look at the way America handles money. Eric Majors, a financial markets expert, details a provocative new way to change the American economy that will benefit rich and poor alike.
Majors explains how the American economy hasn’t benefited everyone and how that may change with his new economic system. The poor and middle class have stagnant wages while inflation rises. Even the rich are disadvantaged by being at the mercy of an unpredictable stock market.
Majors’ solutions to the problems of the economy are varied and unique new ways to reinvent the economy. Majors proposes that Dot Money could be used as a virtual currency similar to Bitcoin that can help stabilize the global economy. He proposes a mix of conservative and liberal economic theories to help the economy. The big ones want the United States to produce more money to stop borrowing from other countries to reduce debt. The author advocates ending the income tax to help boost economic growth. Majors also hypothesizes issuing a monthly stipend to low-income Americans to help revitalize the economy.
Dot Money is a book that is sure to spark conversations about the state of the American economy. Majors presents a cohesive plan that is both spiritually sound and financially sound. The spiritual aspects of the book make Dot Money a perfect book for people looking for financial advice with a spiritual side, similar to the books of money expert Dave Ramsey.
This book is also a rare financial book that doesn’t have a political agenda. Fans of the conservative economist Adam Smith and followers of the liberal economist John Maynard Keynes will find aspects of Dot Money that they agree on. Majors makes complex economic problems easy to understand with his simple, real-world examples of the global economy in his book. Even readers who are not financial experts will be educated by Dot Money.
This book would be an excellent addition to any reader’s collection of finance or economics books. Fans of economics writers like Paul Krugman will want to read Dot Money. Majors has also created a timely book that will further the conversation about virtual currency in a global economy. For anyone trying to understand our modern economy and its globalized structure, this book is a must read!
