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by John Shannon (Author)
This book describes the boom of 1998 and 1999. What a great time for all the American people. Next we move on to the recession of 2003 caused by the Federal Reserve Board raising interest rates to stop what they called "irrational exuberance." What financial suffering the Federal Reserve Board has caused. A brief history of the Federal Reserve Board is next. Chapter IV lists all the problems the Fed has caused, and there are many including the Great Depression, since it's creation by Congress in 1913. Then we ask why the Fed makes so many mistakes with their monetary policy. Solutions for our economic problems are listed and what the individual can do to protect himself or herself from financial ruin due to Federal Reserve Monetary Policy. The Federal Reserve Board The Wizards of Oz: The Men Behind The Curtain, is a must read for everyone. Every American citizen is affected by The Federal Reserve's monetary policy. Whether you are an American worker, an American investor, or an American businessman, knowing the damage the Fed has caused to the economy in the past, and can cause in the future, can save your financial life. This book can help you prepare for financial success in spite of the Federal Reserve Board's policy mistakes.
