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 worldview 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.
©2011 R. Christopher Whalen (P)2012 Audible, Inc.
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