|
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
|
