A great and well written history of the Federal Reserve that is seriously weakened by its elitist and ultimately unbalanced viewpoint.
I read a copy of this fine book owned by a friend. It is an extremely well written account and its general thesis is mostly true and tragically so. It suffers from an elitist approach to history where all are pawns by an all seeing, all knowing, never-make-a-mistake power elite. It is based on the "great man" theory of history. In this case we have "not so great" people make history. It is a wonder, in this view, why we have any freedoms at all. In short, it is not a balanced account. It does have many probably true insights, but they are distorted by the frame of the work.