Inflated: How Money and Debt Built The American Dream
January 10, 2011
Hosted by Jordan Goodman
[Download MP3] [itunes] [Bookmark Episode]
Guest Information
Episode Description
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
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Jordan Goodman
Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.
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