Some of the books we have found most useful, inspiring and interesting while putting together Save Our Savers
| Your Right to Know A valuable resource for anybody who is challenging the Government or a Public Body. Written by investigative journalist Heather Brooke (Ian Hislop only wrote the forward). This is best guide to the Freedom of Information Act we know about. Find out how to ask for the information you would like to know from any Government department or Public Body. The book also explains the rules under which they can deny your request and gives you advice on how to respond. |
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| Fault Lines Raghuram G Rajan is a former Chief Economist at the IMF. The title of the first chapter “Let them eat credit” sums up the root cause of today’s economic problems. The rest of the book goes on to examine in more detail the causes of the crisis and then explores the ramifications for the future. It also casts doubt on some of the current policies being pursued to fix the crisis: “More controversial is whether the Fed should cut interest rates to rock bottom in order to revive the economy. Although such an action seems costless, it imposes an enormous cost on savers and offers an enormous windfall to debtors, especially banks. Because it is a relatively hidden transfer, it elicits little comment or protest, especially as well-off savers tend to keep their heads down at times of crisis. But it is a transfer nevertheless, amounting to hundreds of billions of dollars a year. Moreover, it offers a one-way bet to bankers: plunge the system into trouble and they will get a great deal on interest rates. Finally it is not clear that ultralow nominal interest rates (around 0 percent) offer a significantly greater incentive for firms to invest than merely low interest rates (2 to 3 percent), but the difference in risk taking between the ultralow and low interest rates could be enormous.” |
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| The Pinch Whether or not you agree with David Willets’ conclusion that it is time for the baby boomers to give something back to younger generations; the book is a fascinating read and contains some of the best analysis of recent savings trends and the impact of an aging population that we have found. |
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| the long and the short of it Finance and investment for normally intelligent people who are not in the industry Written by John Kay a prominent economist who has vast experience in finance and banking. This book will give you important insights into many aspects of investing, charging practices and which financial products to be wary of. |
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| Portfolios of the Poor How the World’s Poor Live on $2 a Day The majority of the world's poor do not have a regular income and neither do they have a benefit system to fall back on in hard times. They have no choice but to plan for the lean times and manage their money as best they can. This book is based on detailed studies from around the world and is full of interesting anecdotes and insight. |









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