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The Money Answers Show

The Money Answers Show

Monday at 12 Noon Pacific

January 10th 2011:Inflated: How Money and Debt Built The American Dream

Today Christopher Whalen discusses his new book: Inflated: How Money and Debt Built the American Dream, which tells the story of inflation and public debt as enduring (and perhaps endearing) and describes the habits that are so instilled in us, as our history repeatedly shows, that to suggest alternatives, like returning to the gold standard, is an exercise in futility! He says that most Americans tend to view themselves as reasonably prudent people, reflecting the puritan roots of their European ancestors, but at the same time feel entitled to a lifestyle, individually and nationally, that

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Christopher Whalen

Christopher Whalen is the ultimate Wall Street insider who understands the intersection of politics and finance, and is known for telling his readers the truth. He has worked in politics, at the Federal Reserve Bank of New York and as an investment banker for more than 30 years. Considered one of the most incisive and thoughtful financial analysts on Wall Street, Christopher covers a wide range of subjects from banking to housing to global economics and the Federal Reserve. He is the author of three books: Inflated: How Money and Debt Built the American Dream (2010), Financial Stability: Fraud, Confidence, and the Wealth of Nations (2014) and Ford Men: From Inspiration to Enterprise (20
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https://www.voiceamerica.com/show/746/the-money-answers-show 15/12/2018 04:00 15/12/2018 05:00 The Money Answers Show https://www.voiceamerica.com/show/746/the-money-answers-show Today Christopher Whalen discusses his new book: Inflated: How Money and Debt Built the American Dream, which tells the story of inflation and public debt as enduring (and perhaps endearing) and describes the habits that are so instilled in us, as our history repeatedly shows, that to suggest alternatives, like returning to the gold standard, is an exercise in futility! He says that most Americans tend to view themselves as reasonably prudent people, reflecting the puritan roots of their European ancestors, but at the same time feel entitled to a lifestyle, individually and nationally, that is well above the rest of the world's, and well beyond our current means. Inflated explores more than two hundred years of American politics and monetary policy to examine this conflict. Is the current understanding of the American Dream, one of entitlement, so ingrained that to expect Americans willingly to live in a "deflated" world is unrealistic? For more information go to: www.rcwhalen.com VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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