I would also recommend Christopher Whalen's "Inflated - how debt and inflation built the American Dream" It gives a good historical context to what is going on today.
Thanks, Mitch, I'll check it out.
Christopher Whalen is a smart guy, but this book should contain the qualifying subtitle: "A Democrat's View".
I would have to disagree with that to a degree. I am an avid follower of his publication the Institutional Risk Analyst. He has a wide variety of people he interviews across the spectrum. Whalen himself is an Austrian economist more or less, which would mean he is not a democrat. Unless, by a Democrat you mean a Grover Cleveland, which I could endorse.
Perhaps too broad an inference on my part, but here is his recommended reading list from a recent day via Twitter: Bloomberg, NYT, Slate, WSJ, and LA Times.As for Austrian, what Austrian decries deflation?Grover Cleveland reminds me that only since Wilson have we come to think of Democrat as a pejorative.
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