Synopses & Reviews
William Greider’s groundbreaking bestseller reveals how the mighty and mysterious Federal Reserve operates—and manipulates and the world’s economy.
This ground-breaking best-seller reveals for the first time how the mighty and mysterious Federal Reserve operates—and how it manipulated and transformed both the American economy and the world's during the last eight crucial years. Based on extensive interviews with all the major players, Secrets of the Temple takes us inside the government institution that is in some ways more secretive than the CIA and more powerful than the President or Congress.
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The Wall Street Journal A gripping portrait of American economic civilization...brilliant author...wonderful book...
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Washington Post Book World Masterful...Monumental...A virtuoso investigative history.
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The New York Times Book Review Breathtaking energy and research...
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Time Lucid and colorful...a historical and analytical work of impressive breadth and depth
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TimeLucid and colorful...a historical and analytical work of impressive breadth and depth
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The Nation May be the most important political book of the decade
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San Francisco Chronicle Review Spectacular...A superb, riveting narrative of the development of the U.S. political economy...An informative primer on the origins and nature of money
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Columbia Journalism Review An awesome achievement...destined to rank as one of the half-dozen best dealing with the Reagan era...a splendid job of reporting...aggressive and insightful.
Synopsis
This ground-breaking best-seller reveals for the first time how the mighty and mysterious Federal Reserve operates -- and how it manipulated and transformed both the American economy and the world's during the last eight crucial years. Based on extensive interviews with all the major players, Secrets of the Temple takes us inside the government institution that is in some ways more secretive than the CIA and more powerful than the President or Congress.
About the Author
William Greider is the bestselling author of five previous books, including One World, Ready or Not (on the global economy), Who Will Tell the People (on American politics), and Secrets of the Temple (on the Federal Reserve). A reporter for forty years, he has written for The Washington Post and Rolling Stone and has been an on-air correspondent for six Frontline documentaries on PBS. Currently the national affairs correspondent for The Nation, he lives in Washington, D.C.
Table of Contents
CONTENTSPART ONE: SECRETS OF THE TEMPLE
1. The Choice of Wall Street
2. In the Temple
3. A Pact with the Devil
4. Behavior Modification
5. The Liberal Apology
6. The Roller Coaster
PART TWO: THE MONEY QUESTION
7. The God Almighty Dollar
8. Democratic Money
9. The Great Compromise
10. Leaning Against the Wind
PART THREE: THE LIQUIDATION
11. A Car with Two Drivers
12. That Old-Time Religion
13. Slaughter of the Innocents
14. The Turn
PART FOUR: THE RESTORATION OF CAPITAL
15. A Game of Chicken
16. Winners and Losers
17. "Morning Again in America"
18. The Triumph of Money
Appendices
Reference Notes
Acknowledgments
Index