Page "Harry Browne" Paragraph 7

Browne was an investment advisor for much of his life.

He came into prominence in 1970 with his first book, How You Can Profit From The Coming Devaluation, which correctly predicted the devaluation of the dollar and subsequent inflation.

The book helped many Americans survive, and some even profit, during the 1970s.

It also introduced millions of people to the Austrian school of economics regarding the dangers fiat currency poses to liberty and prosperity.

According to Texas Republican Congressman Dr. Ron Paul in his " A Tribute to the Late Harry Browne " which was read into the Congressional Record in 2006, " How You Can Profit From the Coming Devaluation is generally recognized as the founding document of the hard money movement, which combined the insights of the Austrian economists with a practical investment strategy.