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Secrets of the Temple by William Greider
How the Federal Reserve Runs the Country
I bought this book on recommendation of a cousin. The problem is it is dense and about 800pgs long! So for most of the text below, I will essentially be taking notes as I read the book. The notes will eventually be converted into a narrative explaining the book chapter by chapter.
Part One
The Choice of Wall Street
The books starts of trying to explain to the reader how despite most people (America Citizens) thinking that Power is Transfered between parties and candidates from election to election, the real truth is that real power stays out of the electoral process.Its Mechanism is something different. Real power wields itself through the "Federal Reserve System" and it can do so largely because of citizen ignorance.
Counter Intuitive effect of Inflation - People think to buy now, often with borrowings and pay later when it is cheaper.
In the Temple
A Pact with the Devil
Behavior Modification
The Liberal Apology
The Roller Coaster
Part Two
The God Almighty Dollar
Democratic Money
The Great Compromise
Leaning Against the Wind
Part Three
A Car with Two Drivers
That Old-Time Religion
Slaughter of the Innocents
The Turn
Part Four
A Game of Chicken
Winners and Losers
"Morning Again in America"
The Triumph of Money
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03dec16 | admin |