Federal Reserve News

Since I launched this project last month, I've been acquiring books on the subject via the local library and Amazon.com, as well as reviewing books in my own collection on the subject of money and banking. It's been an emotionally traumatic journey in some ways as I work my way through the books. On the one hand, it's very depressing to realize just how serious the Fed problem is and how misunderstood it is even by many who write about it. For instance, I found one particularly depressing comment by Martin Mayer in his book, The Fed. He wrote: