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

William Greider

Simon and Schuster, 1987 - Banks and banking - 798 pages

This ground-breaking best-seller reveals for the first time how the mighty and mysterious Federal Reserve operates-and how it manipulated and transformed both the American economy and the world's during the last eight crucial years. Based on extensive interviews with all the major players, Secrets of the Temple takes us inside the government institution that is in some ways more secretive than the CIA and more powerful than the President or Congress. Book jacket.

Contents

• The Choice of Wall Street: 11
• In the Temple: 48
• A Pact with the Devil: 75

About the author

Journalist William Harold Greider caught public attention in 1981 with an article he wrote for the Atlantic Monthly entitled The Education of David Stockman, about the initiation of then President Reagan's new director of the Office of Management and Budget. Greider documented Stockman's decline from optimism as he struggled to balance the federal budget while accommodating the president's fiscal plan to reduce income taxes and increase defense spending, which became known as "Reaganomics." Its depth of political analysis won Greider several awards. In 1982 the article was included in a book, The Education of David Stockman and Other Americans. William Harold Greider was born in 1936 and graduated from Princeton University in 1958. He is a columnist and the national affairs editor for Rolling Stone magazine. He has also written the books Secrets of the Temple: How the Federal Reserve Runs the Country (1988), The Trouble with Money: A Prescription for America's Financial Fever (1989), and Who Will Tell the People: The Betrayal of American Democracy (1992).

Bibliographic information

• Title: Secrets of the Temple: How the Federal Reserve Runs the Country; Touchstone book
• Author: William Greider
• Edition: reprint
• Publisher: Simon and Schuster, 1987
• ISBN: 067147989X, 9780671479893
• Length: 798 pages