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ID113132
Title ProperU.S. debt culture and the Dollar's fate
LanguageENG
AuthorWhalen, Christopher
Publication2012.
Summary / Abstract (Note)IN OUR common narrative, the modern era of global finance-what we call the Old Order-begins with the Great Depression and New Deal of the 1930s. The economic model put in place by President Franklin D. Roosevelt and others at the end of World War II is seen as a political as well as economic break point. But arbitrarily selected demarcation points in any human timeline can be misleading. The purpose of narrative, after all, is to simplify the complex and, over time, to remake the past in today's terms. As we approach any discussion of the Old Order, we must acknowledge that the image of intelligent design in public policy is largely an illusion.
`In' analytical NoteNational Interest vol. , 119 (6/1/2012)
Journal SourceNational Interest vol. , 119 (6/1/2012)
Key WordsUS Debt Culture ;  Franklin D Roosevelt ;  World War II ;  United States ;  Foreign Policy ;  Civil War