{short description of image}  
 

INFLATED

R. Christopher Whalen

Subtitle: How Money and Debt Built The American Dream, Wiley, N.Y., 2011, 393 pgs., index, references, notes

 
 

Reviewer comment: This book builds the history of American financing toward an explanation of the 21st century. But the sections on pre-Civil War finances are valuable in themselves. The book should be read with companions: John Steele Gordon's An Empire of Wealth, Charles Calomiris Fragile by Design, and Felix Martin's Money.

 
 

Preface and Introduction by Nouriel Roubini

 
 

Chapter 1 - Free Banking and Private Money

 
 

Chapter 2 - Lincoln Saves a nation by Printing Money

 
 

Chapter 3 - Robber Barons and the Gilded Age

 
 

Chapter 4 - The Rise of the Central Bank

 
 

Chapter 5 - War, Boom, and Bust

 
 

Chapter 6 - New Deal and Cold War

 
 

Chapter 7 - Debt and Inflation: A Rising Tide Lifts All Boats

 
 

Chapter 8 - Leveraging the American Dream

 
 

Chapter 9 - A New Monetary Order

 

Return to Xenophon.