Federal Reserve System: Background, Analyses and Bibliography
If English is rapidly becoming the international language of choice and necessity, the dollar is racing ahead as the world's currency. This somewhat astonishing development is due in large part to the actions, and deliberate non-actions, of the Federal Reserve. This organisation is responsible for tweaking, pushing and pulling the financial and economic infrastructure of America when it deems it necessary. Its moves and non-moves are scrutinised, analysed, and criticised. This new book offers an in-depth presentation of the proposes and functions of the Federal reserve, several analytical articles and an in-depth bibliography.
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Dr. Knipe was my instructor at East Carolina University 1969-70. I read this book cover to cover. Some pages I read multiple times. He would give a true false test on two pages and you could not pass the test. He was one of the two smartest people I ever met. I can hear him now spouting off in class about 5% unemployment. He said that 5% is full employment. "Would you hire the bottom 5% for anything?" I would order a copy of the book but I have my personal copy I have had for 45 years. I warn you, you are not smart enough to understand him. Just hope some of it rubs off on you.