000441741 000__ 05915nam\a2200505\a\4500 000441741 001__ 441741 000441741 003__ MiAaPQ 000441741 005__ 20211102003750.0 000441741 006__ m\\\\\o\\d\\\\\\\\ 000441741 007__ cr\cn\nnnunnun 000441741 008__ 100712s2011\\\\njua\\\\ob\\\\001\0\eng\d 000441741 010__ $$z 2010028553 000441741 020__ $$z9780470875148 (hardback) 000441741 020__ $$a9780470933718 (electronic bk.) 000441741 020__ $$a9780470933695 (electronic bk.) 000441741 035__ $$a(MiAaPQ)EBC699440 000441741 035__ $$a(Au-PeEL)EBL699440 000441741 035__ $$a(CaPaEBR)ebr10469869 000441741 035__ $$a(CaONFJC)MIL288911 000441741 035__ $$a(OCoLC)692197145 000441741 040__ $$aMiAaPQ$$cMiAaPQ$$dMiAaPQ 000441741 043__ $$an-us--- 000441741 050_4 $$aHJ8101$$b.W43 2011 000441741 08204 $$a332.10973$$222 000441741 1001_ $$aWhalen, R. Christopher,$$d1959- 000441741 24510 $$aInflated:$$bhow money and debt built the American dream /$$cR. Christopher Whalen. 000441741 260__ $$aHoboken, N.J. :$$bWiley,$$cc2011. 000441741 300__ $$axxii, 393 p. :$$bill. 000441741 336__ $$atext$$2rdacontent 000441741 337__ $$acomputer$$2rdamedia 000441741 338__ $$aonline resource$$2rdacarrier 000441741 504__ $$aIncludes bibliographical references (p. 365-368) and index. 000441741 5058_ $$aMachine generated contents note: Preface. -- Acknowledgments. -- Chapter One Free Banking and Private Money. -- The Bank of the United States. -- State Debt Defaults. -- The Age of Andrew Jackson. -- The Panic of 1837. -- The Gold Rush. -- The Rise of Bank Clearinghouses. -- Chapter Two Lincoln Saves a Nation by Printing Money. -- The Lincoln Legacy. -- Financing the War. -- Salmon Chase and Jay Cooke. -- Fisk & Gould Profit by Inflation. -- The Panic of 1873. -- Gold Convertibility Restored. -- The Battle Over Silver Money. -- A Changing American Dream. -- The Silver Compromise. -- Chapter Three Robber Barons and the Gilded Age. -- The Age of Speculation. -- Republicans Embrace Inflation. -- The Panic of 1893. -- The Cross of Silver. -- The Evangelical Silverites. -- The Turning Point: 1896. -- Chapter Four The Rise of the Central Bank. -- The Trust Buster: Theodore Roosevelt. -- The Need for a Flexible Currency. -- The Crisis of 1907. -- The National Monetary Commission. -- The Passage of the Federal Reserve Act. -- Roosevelt, Wilson and the Politics of Reform. -- Chapter Five War, Boom & Bust. -- The Fed During WW I. -- A Return to Republican Normalcy. -- The Roaring Twenties. -- The New Era of Debt and Investing. -- The Bust: Stocks Fall and Tariffs Rise. -- Chapter Six New Deal to Cold War. -- FDR and the Era of Broken Precedent. -- The Seizure of Gold and Dollar Devaluation. -- Dollar Devaluation Hurt World Trade. -- The Rise of the Corporate State. -- Central Planning Arrives in Washington. -- FDR Embraces Federal Deposit Insurance. -- The Legacy of FDR. -- The Fed and The RFC. -- Corportivist Reform at the Fed. -- The New Deal Fails, So America Goes to War. -- Wartime Inflation and Debt Finance. -- Bretton Woods and Global Inflation. -- Chapter Seven Debt and Inflation A Rising Tide Lifts All Boats. -- Federal Revenues Grow. -- The Fed Regains Independence. -- The Post-War Economy Soars. -- The Legacy of War. -- Cold War, Free Trade. -- The Dollar's Golden Age. -- Global Imbalances Return. -- Richard Nixon's Betrayal. -- The End of the Dollar Peg. -- The Return of Sovereign Borrowing. -- Chapter Eight Leveraging the American Dream. -- The New Uncertainty. -- Humphrey Hawkins and Full Employment. -- Balanced Budgets and Inflation. -- Volcker's Shock Treatment. -- The Crisis Managers. -- The Latin Debt Crisis. -- Volcker's Apprentice: Gerald Corrigan. -- Reagan Reappoints Volcker. -- The Never-ending Crisis. -- Volcker Exits and Crisis Returns. -- From Excess to Delusion. -- The Greenspan Legacy. -- Chapter Nine Prospects. -- The Growth Challenge. -- Growth versus Inflation. -- Changing Places. -- Triffin's Dilemma and the Dollar. -- Notes. -- About the Author. -- Index. 000441741 506__ $$aAccess limited to authorized users. 000441741 520__ $$a"Americans as a whole view themselves as reasonably prudent and sober people when it comes to matters of money, reflecting the puritan roots of the earliest European settlers. Yet as a community, we also seem to believe that we are entitled to a lifestyle that is well-beyond our current income, a tendency that goes back to the earliest days of the United States and particularly to get rich quick experiences ranging from the Gold Rush of the 1840s to the real estate bubble of the early 21st Century. Inflated examines this apparent conflict and makes the argument that such a world view is so ingrained in us that to expect the United States to live in a "deflated" world is simply unrealistic. It skillfully seeks to tell the story of, money inflation and public debt as enduring (and perhaps endearing) features of American life, rather than something we can one day overcome as our policy makers constantly promise. Features interviews with today's top financial industry leaders and insiders. Offer a glimpse into the future of the Federal Reserve and the role it will play in the coming years. Examines what the future may hold for the value of the U.S. dollar and the real incomes of future generations of Americans. The gradual result of the situation we find ourselves in will inevitably lead to inflation, loss of economic opportunity, and a decline in the value of the dollar. This book will show you why, and reveal how we might be able to deal with it."--$$cProvided by publisher. 000441741 650_0 $$aDebts, Public$$zUnited States. 000441741 650_0 $$aInflation (Finance)$$zUnited States. 000441741 650_0 $$aMoney$$zUnited States$$xHistory. 000441741 650_0 $$aMonetary policy$$zUnited States$$xHistory. 000441741 655_0 $$aElectronic books 000441741 852__ $$bebk 000441741 85640 $$3ProQuest Ebook Central Academic Complete $$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=699440$$zOnline Access 000441741 909CO $$ooai:library.usi.edu:441741$$pGLOBAL_SET 000441741 980__ $$aBIB 000441741 980__ $$aEBOOK 000441741 982__ $$aEbook 000441741 983__ $$aOnline