If you actually sit down and read this book, you will find the following FASCINATING information on page 98, "President Carter at Home."
For context, remember that Carter's overwhelming domestic problem was inflation, which reached 13% during his presidency. I had read this book (rapidly) a few months ago, but came back for clues about how this particular disaster happened.
Well, the answer is obvious. Carter expanded the money supply. Not once or twice, but continuously. He seemed to have some vague idea that printing (or authorizing) more money would just generally be a good idea. But it's hard to say why Jimmy Carter did anything.
When asked about inflation, in April of 1978, Jimmy Carter said, and I quote: "It is a myth that the government itself can stop inflation."
OK, if you understand Basic Economics, you can pick your jaw up off the floor. But even more fascinating is what Jimmy went on to say. He said that inflation forced us to confront unpleasant facts about ourselves, such as the fact that some people were selfish and refused to make sacrifices for the common welfare.
So how did Jimmy Carter explain inflation? It obviously had nothing to do with his own constant expansion of the money supply. Nope, it was the fault of the idiots who elected him, those selfish American people.
This is your clue here: when Jimmy Carter starts explaining things to you, don't bother listening unless you want a totally unfounded guilt-trip.