Developed countries worldwide have, by their own doing chasing economic growth, destroyed their economies from which recovery would bring many hardships and pain to their populations. Although not fully recognized because of masking by asset bubbles, which are spun as investor confidence in the economy, the reaction to the phenomenon of lost hope in the future has already started. Americans, especially white, middle-aged ones are dying in record numbers from what Drs. Case & Deaton describes as "Deaths of Despair". Their government's reaction is to turn to protectionism and in the USA, these have taken the form of strengthening the Buy America Act of 1933, applying trade tariffs, and increasing subsidies to companies building facilities in the Country. These are all superficial fixes and will do nothing to correct the problem.Market-driven solutions have given way to protectionist ones as policy makers continue to kick problems down the road for others to deal with. They have accumulated so much public debt that it cannot and will not be repaid. All problems faced by the developed countries, whether they are excessive and unsustainable debt, over-priced labor from targeting inflation, and a mal distribution of income and wealth distorting the resultant demand/savings relationships, have their roots in fiat currencies.Corrective action would involve backing currencies with country's assets, eliminating/reducing debt unless for the purpose of investment, prohibiting the targeting/planning of inflation, and establishing a relationship between the highest and lowest paid in an economy. The book proposes novel approaches to these issues. For developed countries, they have arrived at the end of the road.