Secrets of the Temple: How the Federal Reserve Runs the Country

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Secrets of the Temple: How the Federal Reserve Runs the Country
by William Greider
from Simon & Schuster

Customer Reviews:

• Avg. Customer Rating: 4.0 / 5.0

• Very informative but too detailed
  An informative and entertaining book. It explains how the the Federal Reseve operates and control the money supply; but this information is mingled with the events of the the 1980's. My main motivation for reading this book was to acquire this knowledge. It was very interesting to learn what happened behind the scenes in the White House as it struggled with
  the 1980's recession. The book, however, gives too many examples of how
  people reacted, essentialy repeating the same message. This book... more info

• How the Fed ruins the Country
  The Wall Street collapse in October 1987 was an unusual event. This book explains the political struggles that led to this financial crisis and how the Federal Reserve controlled our economy. Since 1912 the activities of the Federal Reserve have generally been kept secret from the people by the policies of the corporate media. People can't judge or complain about things that are unknown to them. Greider said Paul Volcker, the Fed chairman, controlled our economy through the Reagan era with tight money and... more info

• Tom Potts Review is simply erroneous about the ownership questions
  Tom Potts of Ottowa chose to review this book, and he erroneously comments that:
  "The Federal Reserve is a 100% privately owned corporation, carefully set up to appear as though it is an arm of government. It was created solely for the benefit of it's shareholders, a significant proportion of which are foreign. Greider could have mentioned this extremely important fact at the outset. Instead he deliberately helps perpetuate the myth that "The Fed" is public."
  That short paragraph is simply not... more info

• The Hobo Philosopher
  "Secrets of the Temple" is a book that discusses the interaction of the Federal Reserve and Government economic policy. This book is basically a detailed analysis of the Reagan administration and the Volcker chairmanship of the Reserve.
  Once again Mr. Greider teaches us how the "clock" works by taking us on an intimate tour through the internal mechanisms of the "clock". This is the hands on approach to learning. I like it. Mr. Greider takes us on a tour of the factory - from assembly to design and... more info

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