Chapters in this book

1. Frontmatter i
2. CONTENTS v
3. List of Figures vi
4. INTRODUCTION 1
5. 1 WHY DEBT GROWS 11
6. 2 OPENING THE BOOKS ON DEBT 37
7. 3 COMPANY SHARES, REAL ESTATE, AND INEQUALITY 62
8. 4 GROWTH STRATEGIES 87
9. 5 THE RELATIVE WEALTH OF NATIONS 131
10. 6 THE COVID BUBBLE, INFLATION, AND REVERSAL 150
11. 7 THE DARK SIDE OF DEBT 173
12. 8 THE LIMITS OF DEBT 195
13. 9 POLICY THOUGHTS AND PROVOCATIONS 220
14. EPILOGUE 257
15. ACKNOWLEDGMENTS 259
16. Appendix A NOTES ON DATA 261
17. Appendix B GLOSSARY 265
18. Appendix C LIST OF SUPPLEMENTAL APPENDICES ONLINE 277
19. NOTES 279
20. INDEX 285