Full version A Piece of the Action: How the Middle Class Joined the Money Class Complete

Full version A Piece of the Action: How the Middle Class Joined the Money Class Complete

Now with a new introduction describing the fallout of America?s consumer credit boom, 1994?s wildly acclaimed bestseller A Piece of the Action tells the story of how millions of middle class Americans went from being savers to borrowers and investors through the invention of credit cards, mutual funds, and IRAs?resulting in profound societal change.?America began to change on a mid-September day in 1958, when the Bank of America dropped its first 60,000 credit cards on the unassuming city of Fresno, California.? So begins Joe Nocera?s riveting account of one of the most astonishing revolutions in modern American life?what Nocera labels ?the money revolution.? In the decades since, the middle class has gained access to credit cards, to mutual funds, to retirement accounts?and to hundreds of other financial vehicles that have allowed everyone to get ?a piece of the action.? In this lively, engaging book, some of the great financial characters of modern times?from Charles Merrill to Charles Schwab to Peter Lynch?strut across the stage as the course of this great financial shift is charted. In an all-new introduction, Nocera takes a look back at the consequences of the money revolution.


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Uploaded: 2020-02-19

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