by Ron Paul
First published 2009
Congressman Ron Paul takes aim at the Federal Reserve, arguing that serious economic discussion after the financial meltdown must examine this powerful institution. Paul contends the Fed operates as both a corrupt and unconstitutional entity, despite most Americans viewing it as essential to economic stability. He traces the central bank's origins to private meetings between the Morgans and Rockefellers at an exclusive Georgia coastal club. Paul warns that current currency inflation approaches dangerous Weimar Republic and Zimbabwe levels, threatening an inflationary depression where hundred dollar bills become worthless. Drawing from American historical precedents, economic principles, and stories from his decades in Congress, Paul demonstrates how the Fed works against ordinary citizens' interests. His analysis reveals where American economic policy went astray and presents solutions for future generations.
Genres: history, social-science, politics, economics, non-fiction, government
Vibes: thought-provoking
Tropes: investigative-journalism
Setting: Georgia, United States
Period: 20th-century, 21st-century
Kindle Edition · Grand Central Publishing