How I Learned To Anticipate The Future By Studying The Past

This begins by recounting a story from 1971, when the United States defaulted on its debts and ended the link between paper money and gold. This event taught the author that when central banks print a lot of money to relieve a crisis, the value of paper money will fall and the value of stocks, gold, and commodities will rise. The author advises keeping this principle in mind because it is likely to happen again in the future. The author also emphasizes the importance of studying history to anticipate and profit from future events.