
Table of Contents
-Economic Terminology
-Preface
-Introduction
-Part One: Our Economic History
-Chapter One–Pre-16th Century
-Chapter Two–16th-18th Centuries
-Chapter Three–19th Century
-Chapter Four–Early 20th Century
-Chapter Five–Great Depression and World War II: 1929–1945
-Chapter Six–Post-World War II Prosperity: 1945–1973
-Chapter Seven–Late 20th Century
-Chapter Eight–21st Century -Part Two: The Stock Exchange
-Chapter Nine–Historical Timeline
-Chapter Ten–History of the NYSE
-Chapter Eleven–Facts About The Stock Exchange
-Chapter Twelve–The Titans of Wall Street
-Part Three: The Federal Reserve
-Chapter Thirteen–The Birth and History of the Federal Reserve
-Chapter Fourteen–Key Functions of the Federal Reserve
-Chapter Fifteen–The Structure of the Federal Reserve
-Chapter Sixteen–The Federal Reserve’s Independence
-Chapter Seventeen–The Ugly Truth
-Part Four: The National Debt
-Chapter Eighteen–The History of Our Debt
-Chapter Nineteen–Debt Exclusions
-Chapter Twenty–The Holders of Our Debt
-Chapter Twent-one–Defining Our Debt
-Chapter Twenty-two–Measuring the Burden of Our Debt
-Chapter Twenty-three–The Debt Ceiling, Interest Payments and Sustainability
-Chapter Twenty-four–The Dollar as the World’s Reserve Currency and its Effect on our Debt
-Chapter Twenty-five–Balancing our Budget
-Chapter Twenty-six–The Truth about Our Debt
-Chapter Twenty-seven–Debt Reduction Proposals
-Chapter Twenty-eight–What would happen if we defaulted on our debt?
-Part Five: The Future of Our Economy
-Chapter Twenty-nine–Factors Affecting our Economic Future
-Chapter Thirty–How Healthy is our Economy?
-Chapter Thirty-one–The Democrat’s Plan for Economic Growth
-Chapter Thirty-two–The Republican and MAGA’s Plan for Economic Growth
-Chapter Thirty-three–How China Will Affect Our Future Economy
-Chapter Thirty-four–Will Our Debt Destroy Us?
-Postscript
-Resources
-Appendices
-How the rate of Inflation is calculated
-How Inflation Affects our Economy
-How the Interest Rate Affects our Economy
-Influential Economists
-Economic Theories
