About this product: Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It sounds like a detective story, which it really is, but it's all true. Based on Mr. Griffin's book of the same title, this address will shatter your old ideas about money and change the way you view the world.
About this product: This is the first book that details hour by hour the events that led up to passage of the Federal Reserve Act of 1913 - and the many decades of work and secret planning that private bankers had invested to obtain their money monopoly.
About this product: The Federal Reserve banking system was created in 1913 in an effort to bring coherence to nationwide banking practices and prevent crises like the financial panic of 1907. Since it began operating in 1914, the Federal Reserve has played a crucial role in determining American financial policy and practice. It is largely an entity unto itself, operating independently, rarely subject to the political machinations of Congress or the presidency. Yet few Americans know how it works, and even fewer know anything of its history.
This history of the Federal Reserve begins by giving an overview of American banking practices before the Federal Reserve’s formation. The events leading to the Reserve’s creation, and its early trials and tribulations, are then documented. Subsequent chapters track the Federal Reserve’s history: its role during times of financial and military crisis, its relationship to each presidential administration, and the Fed’s evolution as its leadership has changed over the years. The history wraps up with the Alan Greenspan era, explaining major changes in the institution’s operating procedures since the 1980s. An appendix lists all members of the Federal Reserve Board of Governors, from its formation until 2003.
About this product: The Monetary Policy of the Federal Reserve details the evolution of the monetary standard from the start of the Federal Reserve through the end of the Greenspan era. The book places that evolution in the context of the intellectual and political environment of the time. By understanding the fitful process of replacing a gold standard with a paper money standard, the conduct of monetary policy becomes a series of experiments useful for understanding the fundamental issues concerning money and prices. How did the recurrent monetary instability of the 20th century relate to the economic instability and to the associated political and social turbulence? After the detour in policy represented by FOMC chairmen Arthur Burns and G. William Miller, Paul Volcker and Alan Greenspan established the monetary standard originally foreshadowed by William McChesney Martin, who became chairman in 1951. Monetary Policy explains in a straightforward way the emergence and nature of the modern, inflation-targeting central bank.
About this product: An oil pipeline leak in the Gulf of Mexico looks like sabotage, and APO is assigned to find the source using any means necessary. Sydney and Dixon visit the drilling platform and discover a likely suspect, but before they can corner him, he flees...in the APO helicopter.
It seems the attack was a practice run for something bigger, and Sydney and Dixon must determine the real target before time runs out. There are other matters on the agents' minds too -- Dixon is concerned about his son, Steven, and Sydney is led to wonder, not for the first time, what it would be like to have a "normal" family. But there's no time for wistful thinking when the saboteurs' plot becomes clear...and threatens to throw the country into total chaos.
Allan H. Meltzer’s critically acclaimed history of the Federal Reserve is the most ambitious, most intensive, and most revealing investigation of the subject ever conducted. Its first volume, published to widespread critical acclaim in 2003, spanned the period from the institution’s founding in 1913 to the restoration of its independence in 1951. This two-part second volume of the history chronicles the evolution and development of this institution from the Treasury–Federal Reserve accord in 1951 to the mid-1980s, when the great inflation ended. It reveals the inner workings of the Fed during a period of rapid and extensive change. An epilogue discusses the role of the Fed in resolving our current economic crisis and the needed reforms of the financial system.
In rich detail, drawing on the Federal Reserve’s own documents, Meltzer traces the relation between its decisions and economic and monetary theory, its experience as an institution independent of politics, and its role in tempering inflation. He explains, for example, how the Federal Reserve’s independence was often compromised by the active policy-making roles of Congress, the Treasury Department, different presidents, and even White House staff, who often pressured the bank to take a short-term view of its responsibilities. With an eye on the present, Meltzer also offers solutions for improving the Federal Reserve, arguing that as a regulator of financial firms and lender of last resort, it should focus more attention on incentives for reform, medium-term consequences, and rule-like behavior for mitigating financial crises. Less attention should be paid, he contends, to command and control of the markets and the noise of quarterly data.
At a time when the United States finds itself in an unprecedented financial crisis, Meltzer’s fascinating history will be the source of record for scholars and policy makers navigating an uncertain economic future.
About this product: This book was written by an insider. This is not a bad thing. This book is a great tool to help anyone understand the workings of the Federal Reserve System. Whether or not someone agrees with how the Fed runs itself is a seperate matter from this books intention and who this book was created for. This book does not get into philosophical idealogy of economic systems and it shouldn't. It accurately discusses the tools the Fed uses to help steer the economy in the direction they want it to go. It also explains the layout of the structure of the Fed. This book is good for anyone curious about the structure / tools of the Fed and why it does what it does. The Fed helps run our economy and this book shows how pretty decently. It won't disappoint you, as it is straight-forward and comprehendable. Great for anyone who works in banking / finance / invesments.
About this product: This ringbound book and two CD-ROM set provides a reproduction of the official Federal Reserve System publication, The Federal Reserve System, Purposes and Functions, Ninth Edition, issued by the Board of Governors in Washington, DC, along with a truly comprehensive set of discs with coverage of all aspects of the Fed. Book contents include: Overview of the Federal Reserve System; Background; Structure of the System; Board of Governors; Federal Reserve Banks; Federal Open Market Committee; Member Banks; Advisory Committees; Monetary Policy and the Economy; Goals of Monetary Policy; How Monetary Policy Affects the Economy; Limitations of Monetary Policy; Guides to Monetary Policy; Monetary Aggregates; Interest Rates; The Taylor Rule; Foreign Exchange Rates; The Implementation of Monetary Policy; The Market for Federal Reserve Balances; Demand for Federal Reserve Balances; Supply of Federal Reserve Balances; Controlling the Federal Funds Rate; Open Market Operations; Composition of the Federal Reserve's Portfolio; The Conduct of Open Market Operations; A Typical Day in the Conduct of Open Market Operations; Securities Lending; Reserve Requirements; Recent History of Reserve Requirements; Contractual Clearing Balances; The Discount Window; Types of Credit; Eligibility to Borrow; Discount Window Collateral; The Federal Reserve System: Purposes and Functions; The Federal Reserve in the International Sphere; International Linkages; Foreign Currency Operations; Sterilization; U.S. Foreign Currency Resources; International Banking; Supervision and Regulation; Umbrella Supervision and Coordination; Supervision of International Operations; Supervision of U.S. Activities; Responsibilities of the Federal Banking Agencies; Federal Financial Institutions Examination Council; Supervisory Process; Risk-Focused Supervision; Supervisory Rating System; Financial Regulatory Reports; Off-Site Monitoring; Accounting Policy and Disclosure; with Other Functional Regulators; Anti-Money-Laundering Program; Business Continuity; Other Supervisory Activities; Enforcement of U.S. Banking Organizations; Acquisitions and Mergers; Other Changes in Bank Control; Formation and Activities of Financial Holding Companies; Capital Adequacy Standards; Financial Disclosures by State Member Banks; Securities Credit; Consumer and Community Affairs; Consumer Protection; Writing and Interpreting Regulations; Educating Consumers about Consumer Protection Laws; Enforcing Consumer Protection Laws; Consumer Complaint Program; The Federal Reserve in the U.S. Payments System; Financial Services; Retail Services; Wholesale Services; Fiscal Agency Services; International Services; Federal Reserve Intraday Credit Policy. CD-ROM coverage: These discs represent the best coverage of the Federal Reserve System and its functions available in any single package! Contents include: Monetary Policy and Regulations of Banking, Controlling the Fed Funds Rate, Open Market Operations, FOMC, Structure and Board Members, Discount Window, Currency, Consumer and Community Affairs, Basel II, Beige Books, Publication Library, and much more! In addition to a thorough collection of speeches and testimony by Dr. Bernanke, there is extensive material from the U.S. House of Representatives, the Financial Services Committee, the Senate Banking Committee, and the White House. There is complete coverage of the roles and functions of the Federal Reserve Board, and the full details of the Emergency Economic Stabilization bill, known as the "Wall Street $700 Billion Bailout" passed by Congress on October 3, 2008. This extraordinary collection of detailed material has 94,978 pages reproduced with Adobe Acrobat PDF software.
About this product: 2009 reprint of the 1952 edition. In A Study of the Federal Reserve (1952), Mullins highlighted a purported conspiracy among Paul Warburg, Edward Mandell House, Woodrow Wilson, J.P. Morgan, Charles Norris, Benjamin Strong, Otto Kahn, the Rockefeller family, the Rothschild family, and other European and American bankers which resulted in the founding of a privately owned, US central bank. He argues that the Federal Reserve Act of 1913 defies Article 1, Section 8, Paragraph 5 of the US Constitution by creating a "central bank of issue" for the United States. Mullins goes on to claim that World War I, the Agricultural Depression of 1920, the Great Depression of 1929, and Adolf Hitler's rise to power were brought about by international banking interests in order to profit from conflict and economic instability. Mullins also cites Thomas Jefferson's staunch opposition to the establishment of a central bank in the United States.
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