Inflated (2nd Edition)

Money, Debt and the American Dream

By: R. Christopher Whalen

Narrated by: Jonathan Todd Ross

In the newly revised second edition of Inflated: Money, Debt, and the American Dream, the veteran investment banker, author, and chairman of Whalen Global Advisors LLC delivers the latest installment of his concise history of the United States' monetary system, putting contemporary financial phenomena like inflation and high housing costs into context. You'll learn to understand how issues like the public debt and the rise of cryptocurrencies can be understood through the lens of how the United States government exploits debt and the monetary system to fund its operations.

The author explains how contemporary concepts like Modern Monetary Theory fit into and influence the American economy; how and why the United States' debt has tripled in the last fifteen years and the necessary consequences of that increase; and the likelihood and potential impacts of another economic correction during the 2020s.

An engrossing and essential listen for anyone interested in the economic and monetary realities driving our markets, politics, and societies, the second edition of Inflated is an eye-opening discussion of the drastic changes unfolding in the American economy and the even more dramatic transformations that lie just beyond the horizon.

©2025 R. Christopher Whalen (P)2025 Ascent Audio

Research

The Connection of the past to the present is made with clarity and understanding. The reasons behind the decision making so many years ago has had a much greater impact on our current culture and situation.

Just the right amount of detail for the non-economist intelligent layman.

Entertaining historical accounts. Not overly biased. Did a good job in drawing the lines between politics, policy actions and actual economic outcomes.