Federal Reserve News

Let's start off with a chapter outline for the book. I'll list a few ideas for chapter titles, and if you can think of any that should be added or amended, leave a comment or add a book page with that title. You'll need to register for an account to do either one.

Here's a tentative list of chapters. It is by no means a complete list, but merely a starting point for discussion.

• The history of money
  • Barter
  • Early forms of currency
  • Gold as money
  • The role of money in society's development
  • How gold was debased historically
  • The development of paper currency
  • Not worth a continental (American Revolution)
  • Constitutional requirements
  • The gold standard
  • Paper currencies in America

• The history of banking
  • The earliest central banks
  • The Bank of England
  • 18th century free banking in Scotland
  • The Rothschilds in Europe
  • Earlier attempts at national banks in the USA

• The founding of the Federal Reserve System
  • National Monetary Commission
  • 1910 Jekyll Island, Georgia
  • The Aldrich Plan
  • The Glass-Owen Bill
  • The passing of the Federal Reserve and the Federal Income Tax, 1913

• The Federal Reserve System
  • Structure -- Who owns the Fed?
  • Powers of the Fed
  • How money is created and destroyed under the Fed
  • The tools of monetaristic control
  • Inflationary and deflationary effects
  • How the Fed undermined the gold standard
  • The history of boom and bust under the Fed
    • The Roaring Twenties
    • The Great Depression
    • The 1950s
    • The 1960s
    • Bankers behind the scenes throughout the decades
  • Modern Fed History
    • The IMF
    • Pulling the strings -- facts, rumors and speculations
    • The end of the gold standard, 1971
    • Strong as the dollar
    • The dollar as worldwide currency
    • Fed stimuluses over the last three decades of the 20th century and the debasing of the dollar
    • Modern history of booms/busts
  • The Fed in the 21st Century
    • 9/11
    • The National Debt
    • The end of M3
    • JP Morgan and the Fed bail out Bear Stearns
    • Fannie Mae and Freddie Mac
    • Where we are today
    • Where are we headed?
  • Conclusions