The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: John Vosilla who wrote (4753)	3/9/2008 3:33:34 PM
From: Tommaso	Read Replies (1) of 71412

Back in the 1970s, I got some help and information from Roger Babson's book, "If Inflation Comes." I cannot find my copy so I have ordered another one ($4.00 plus shipping) from abebooks.com (also available through amazon.com). It was originally published about 1937 and revised about 1942-43; I hope the 1943 edition I have ordered has all the tables of stock prices and commodities, etc. for various European countries in the 1920s. There are some wild and crazy aspects to this book (it predicts marauding bands invading homes for food, etc.) but is also a thoughtful and documented treatment by a man who had worried much about this and had a lot of practial economic experience. It turned out not to be very applicable to post-WWII USA, but was relevant in the 1970s and may be even more timely for today. I do recommend it, especially at the price. The pages will be yellow and may crumble, but it might be worth a hundred thousand times the cost. Babson was a nut, but his prediction in September 1929 ("There will be a crash, and it may be terrific") is still remembered.

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