This book examines the Greenspan and Bernanke Federal Reserve which imposed an unwanted monetary system that favours Wall Street and is not beneficial for the US voter and the global community. Global confidence in the health of the US economy, and therefore the US Dollar, could plunge because of continued large US current-account deficits, an unstable banking sector, expansionist monetary policy and a financial regulation system that is lacking in credibility. The US monetary system is broken, and the public purposes for which it is supposed to exist are being thwarted. US banks and other financial institutions blew up a vast speculative bubble of financial products leading up to the crash in 2008. The deeply undemocratic process in the US monetary system is still directly supervised by the Federal Reserve. The US system, a quasi-independent and weakly accountable central bank is supposed to be responsible for all aspects of monetary policy. The Federal Reserve policy of stirring up inflation and devaluing the Dollar is called Inflationspolitik in German, synonymous with government deception and theft.
Product Identifiers
Publisher
LAP
ISBN-13
9783846582619
eBay Product ID (ePID)
113994323
Product Key Features
Author
John Fca Ryan
Publication Name
Greenspan and Bernanke-Chief Architects of Dollar Destruction
Format
Paperback
Language
English
Subject
Business
Publication Year
2012
Type
Textbook
Number of Pages
76 Pages
Dimensions
Item Height
229mm
Item Width
152mm
Item Weight
122g
Additional Product Features
Title_Author
John Fca Ryan
Country/Region of Manufacture
Germany
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