God Bless You Joe Stalin: The Man who Saved CapitalismAlgora Publishing, 2006 - 312 pages This enlightening and controversial book sets forth the thesis that the growing prosperity of the U.S. economy during the past 60 years is directly linked to deficit spending, and that the synergy of these two phenomena will continue for the foreseeable future. The dramatic narrative traces the evolution of the concept of the Almighty Dollar against the backdrop of the development and denouement of the Cold War. It demonstrates how individual decisions made by U.S. and Soviet leaders affected the course of events. An analysis of the Historical Tables of the United States Government, showing the tandem growth of U.S. deficits and the GDP, is interwoven into the historical recounting. The epilogue concludes that the U.S. economy is on a treadmill of deficit spending, and that if deficit spending is substantially reduced, a global recession will ensue. |
From inside the book
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Page 14
... inflation? Or try Deng Xiaoping, who set in motion the movement towards a free market economy for the Peoples Republic of China? By his actions, he revolutionized Mao Tse- tung's revolution, thereby setting Communist China on a new ...
... inflation? Or try Deng Xiaoping, who set in motion the movement towards a free market economy for the Peoples Republic of China? By his actions, he revolutionized Mao Tse- tung's revolution, thereby setting Communist China on a new ...
Page 16
... inflation became so dire that people were paying for their groceries with wheel barrels filled with worthless German marks. Terrified that the country might turn to a socialist government to extricate itself from the financial disaster ...
... inflation became so dire that people were paying for their groceries with wheel barrels filled with worthless German marks. Terrified that the country might turn to a socialist government to extricate itself from the financial disaster ...
Page 24
... ever to return. Gold's doom was firmly sealed with the escalation of oil prices during the 1970s. The inflation that followed, as the OPEC nations steadily increased the cost of a barrel of oil from $3 in. 24 God Bless You Joe Stalin.
... ever to return. Gold's doom was firmly sealed with the escalation of oil prices during the 1970s. The inflation that followed, as the OPEC nations steadily increased the cost of a barrel of oil from $3 in. 24 God Bless You Joe Stalin.
Page 29
... inflation. But then again, inflation also contributed to the increase in the deficit. Never- theless, the escalation in the price of crude oil, and the concomitant inflation it brought on, did have a profound effect on three areas of ...
... inflation. But then again, inflation also contributed to the increase in the deficit. Never- theless, the escalation in the price of crude oil, and the concomitant inflation it brought on, did have a profound effect on three areas of ...
Page 30
... inflation was that of the savings and loan insti- tutions. In 1979, in an effort to slow down the rate of runaway inflation, Paul Volcker, Chairman of the Federal Reserve Board (which controls the nation's money supply) began raising ...
... inflation was that of the savings and loan insti- tutions. In 1979, in an effort to slow down the rate of runaway inflation, Paul Volcker, Chairman of the Federal Reserve Board (which controls the nation's money supply) began raising ...
Contents
1 | |
13 | |
43 | |
59 | |
Chapter 4 The Contradictions of State Socialism | 87 |
The Truman Presidency | 95 |
The Eisenhower Presidency | 127 |
The Kennedy Presidency | 165 |
The Nixon Presidency | 209 |
The Presidencies of Ford and Carter | 221 |
The Reagan Presidency | 243 |
The George H W Bush Presidency | 267 |
The Vanished Track | 283 |
Appendix | 297 |
Recommended Readings | 305 |
Index | 309 |
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administration advisors Allied American army Berlin billion Britain British budget Bush capitalism capitalist Carter Castro China Cold Cold War Communist Party Congress continued Cuban currency debt decision defeat defense deficit Democratic Deutsche mark developed dollar domestic East Germany economy effort Eisenhower elected ernment established European federal forces Ford foreign France French funds George H. W. Bush German gold gross domestic product Hitler immigrants increase industrial inflation invasion Iran Iranian Iraq Kennedy Kennedy’s Khrushchev Korea Kuwait labor leader leadership legislation liberal major Marshall Plan military Minister Moscow Mossadegh Nasser nations Nixon once OPEC Poland Politburo political population post-war President programs Reagan regime replace Republican result role Russian Saddam Senate Shah Social Security Socialist society South South Korea South Vietnam Soviet Union Stalin tax cut trade troops Truman United Viet Cong Vietnam Western Europe