This reprint presents Modern Money Mechanics as it was originally published by the Federal Reserve Bank of Chicago in editions ranging from 1961-1992. The last revision, made in 1992, was most recently published in 1994. As a description of our money system since the time of the creation of the Federal Reserve, hard money advocates, political libertarians and others have found the content of this book damning and used it as part of a general critique of American fiat currency. This booklet has been cited by Gary North, Lew Rockwell, the U.S. and U.K. Libertarian parties and many others. It even features in YouTube videos. As a simplified model for fractional reserve banking, Modern Money Mechanics remains an excellent beginning, one that can be read in a single sitting and one that has the advantage of showing us the Federal Reserve presenting itself and its operations to a broad, mass readership.
Product Identifiers
Publisher
Lulu.Com
ISBN-13
9781105038310
eBay Product ID (ePID)
16046344936
Product Key Features
Author
Federal Reserve Bank of Chicago
Publication Name
Modern Money Mechanics
Format
Paperback
Language
English
Subject
Government, Business
Publication Year
2011
Type
Textbook
Number of Pages
44 Pages
Dimensions
Item Height
279mm
Item Width
216mm
Additional Product Features
Title_Author
Federal Reserve Bank of Chicago
Country/Region of Manufacture
United States
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