Inflated by Whalen, R. Christopher -- Read -- Imperial Library of Trantor

Index

Cover Contents Title Copyright Dedication Preface Acknowledgments Introduction Chapter 1: 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 2: Lincoln Saves a Nation by Printing Money

The Lincoln Legacy Financing the War Salmon Chase and Jay Cooke Fisk and Gould Profit by Inflation The Panic of 1873 Gold Convertibility Restored The Battle Over Silver Money A Changing American Dream The Silver Compromise

Chapter 3: 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 4: The Rise of the Central Bank

The Progressive: Theodore Roosevelt 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 5: War, Boom, and Bust

The Fed During WWI A Return to Republican Normalcy The Roaring Twenties A New Era of Debt and Investing The Rise of Consumer Finance America Transformed Prelude to the Depression Bust: Stocks Fall and Tariffs RISE Inflation Versus Deflation Ford, Couzens, and the Detroit Banks

Chapter 6: 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 The Reconstruction Finance Corporation Central Planning Arrives in Washington FDR Embraces Federal Deposit Insurance The Legacy of FDR The Fed and The RFC Corporativist Reform at the Fed America Goes to War Wartime Inflation and Debt Finance Bretton Woods and Global Inflation

Chapter 7: Debt and Inflation

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 8: 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 Reagan Reappoints Volcker The Neverending Crisis Volcker Exits, Volatility Returns From Excess to Delusion The Greenspan Legacy

Chapter 9: A New Monetary Order

The Growth Challenge Jobs versus Inflation Changing Places Triffin’s Dilemma and the Dollar

Notes Selected References About the Author Index