114
people found this helpful, as of 2023
ranked #238,717 most helpful
out of 571,544,897 reviews
★☆☆☆☆
Conspiracy nuts obviously have found their book.
In reading these one sided reviews for the most part, it is obvious who finds this a great book. The Federal Reserve is a financial system manager, plain and simple. Banking is built so much upon the phychology of trust, so people don't lose faith in it and start a run on banks. We've been there, done that, with much pain. These nuts who love the book, have lost faith, and have a ways to go in order to get other to bail out with them. If you are more interested in a balanced book on the Federal Reserve, The Paul Volcker years, (thru the Reagan years) from his appointment in August 1979 by President Carter thru 1987, how inflation was brought under control and much, much more, the "Secrets of the Temple: How the Federal Reserve Runs The Country" by respected journalist William Greider, is an extremely educational book with balance, that is hard to put down. Most would recongnize Greider from his picture, he's been around journalism and the newsroom for decades. He also wrote "The Education of David Stockman and other Americans", and "Who Will Tell The People", and is a former Assistant Managing Editor of the Washington Post. Look up Secrets of the Temple, I give it an A+, 5 Stars. I was hoping to find a book that would pick up, with balance, the Alan Greenspan era, and was hoping this might be the book. But it is obvious this book has an agenda and is a one sided book without any balance. These reviews have actually sold me off the book due to the lack of objectivity or balance. Thanks.
June 2000 · Books