{"product_id":"inflated","title":"Inflated","description":"\u003cp\u003e\u003cb\u003e\u003csmall\u003ePRAISE FOR\u003c\/small\u003e INFLATED\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e“Who says that the sequel never stacks up with the original? The new edition of \u003ci\u003eInflated\u003c\/i\u003e brings Christopher Whalen’s marvelously accessible history of American finance right down to the present day. Securities analyst, central banker, investor, deal-doer and author, Whalen is no mere recounter of the past but also an informed and provocative critic of the present. His ideas about the future will likely save his readers some large multiple of the price of his book.”\u003cbr\u003e \u003cb\u003e—JAMES GRANT,\u003c\/b\u003e Founder and Editor, \u003ci\u003eGrant’s Interest Rate Observer\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e“A gripping biography of American finance. Whalen chronicles credit as a main character in the United States’ journey from colonial outpost to economic superpower. An erudite and engrossing work of monetary history that illuminates the recurring patterns of boom and bust, \u003ci\u003eInflated\u003c\/i\u003e belongs on the bookshelves of those who seek to understand the volatile financial landscape of the 2020s and beyond.”\u003cbr\u003e \u003cb\u003e—JACK FARLEY,\u003c\/b\u003e Host of the \u003ci\u003eMonetary Matters\u003c\/i\u003e podcast \u003c\/p\u003e\u003cp\u003e“When it comes to institutional structures, we can only know where we are by knowing where we have been. Chris Whalen builds our understanding of the American financial system as he leads us on the journey from the newly independent American republic creating its first banks to the 21st century, passing through fevered monetary debates, schemes, panics, bailouts and the great financial turning points of the Civil War, the First World War and the Depression, supplying pointed observations along the way. Two of my favorites: ‘The American Dream of instant wealth via opportunism and speculation,’ and ‘We pass laws that promise our people price stability but pursue policies and practices that require steady inflation.’ I found this lively history and commentary on the eternal interaction of politics and finance both very instructive and enjoyable.”\u003cbr\u003e \u003cb\u003e—ALEX J. POLLOCK,\u003c\/b\u003e Senior Fellow, Mises Institute, and Author of \u003ci\u003eFinance and Philosophy\u003c\/i\u003e and \u003ci\u003eSurprised Again!\u003c\/i\u003e\u003c\/p\u003e","brand":"R. Christopher Whalen","offers":[{"title":"Default Title","offer_id":42818406318141,"sku":"9781394285716","price":44.96,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0597\/7689\/2989\/files\/9781394285716_8ecc5d34-c075-49a2-acbc-912005a1e326.jpg?v=1766919574","url":"https:\/\/www.palmleaf.com.au\/products\/inflated","provider":"Palmleaf","version":"1.0","type":"link"}