Understanding the Federal Reserve System
A FREE eBook the Federal Reserve Bank Doesn't Want You to Read
In this revealing eBook, we'll teach you how the Federal Reserve controls the money supply, pin-point a few critical points in Federal Reserve history, and uncover several important myths and misconceptions, like who owns the Federal Reserve Bank.
- Format: Report
- Price: $29.00 FREE
Is the Federal Reserve Bank a danger to your money?
Since the Federal Reserve Act of 1913, the Federal Reserve Bank has claimed control over U.S. monetary policy. But as a private bank/quasi-government agency, what is the full extent of its powers? What role did it play in the recent financial meltdown? Is the Federal Reserve Bank a danger to your money?
This eye-opening report represents more than 10 years of research by financial analyst Robert Prechter. It goes beyond Federal Reserve history and its government mandate and digs into the Fed's real motivations for being the United States' "lender of last resort."
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Meet Your Author
Robert R. Prechter Founder and President, Elliott Wave International
Robert R. Prechter’s name is familiar to market observers the world over. Since founding EWI in 1979, Prechter has focused on applying and enhancing the Wave Principle, R.N. Elliott’s fractal model of financial pricing. Prechter shares his market insights in The Elliott Wave Theorist, one of the longest-running financial publications in existence today. Prechter has developed a theory of social causality called socionomics, whose main hypothesis is endogenously regulated waves of social mood prompt social actions. In other words, events don’t shape moods; moods shape events. Prechter has authored and edited several academic papers. He has written 18 books on finance and socionomics, including a New York Times bestseller.