Book contents
- Frontmatter
- Dedication
- Contents
- Acknowledgements
- Epigraph
- Introduction
- 1 The Genesis
- 2 The System
- 3 The Island
- 4 The Politician: Nelson W. Aldrich
- 5 The Architect: Paul M. Warburg
- 6 The Lieutenant: Benjamin Strong, Jr
- 7 The Emissary: Henry P. Davison
- 8 The Professor: A. Piatt Andrew
- 9 The Farm Boy: Frank A. Vanderlip
- 10 The Panic, the Pirate and Pujo
- 11 The War
- 12 The Journalist: Bob Ivry
- Conclusion
- Notes
- Bibliography
- Index
- Frontmatter
- Dedication
- Contents
- Acknowledgements
- Epigraph
- Introduction
- 1 The Genesis
- 2 The System
- 3 The Island
- 4 The Politician: Nelson W. Aldrich
- 5 The Architect: Paul M. Warburg
- 6 The Lieutenant: Benjamin Strong, Jr
- 7 The Emissary: Henry P. Davison
- 8 The Professor: A. Piatt Andrew
- 9 The Farm Boy: Frank A. Vanderlip
- 10 The Panic, the Pirate and Pujo
- 11 The War
- 12 The Journalist: Bob Ivry
- Conclusion
- Notes
- Bibliography
- Index
Summary
In these days of YouTube “New World Order” videos and illuminati chasers, a book on the Federal Reserve could be misconstrued as yet another conspiracy theory to add to the pile of blogs and web sites that choke our mainframes. This is not one of those books, and I am not one of those historians. You will find no satanic rituals, pentagrams, or lizard people from outer space here. You will find the Federal Reserve, money, politics, power, and the men who controlled them all.
I love the United States of America. I think a democratic form of capitalism is the best economic system for any nation. I like, in theory, what Wall Street provides the average American investor, as well as the corporate structure. I invest in the stock market, I own real estate, and I am even a private lender. The idea of an opportunity to better an individual’s economic condition is one of the American ideologies that make this nation such a great place. However, this system can be and is abused on too many occasions, and that concept was the inspiration for my research.
I am against cupidity and the reckless nature in which those who are possessed by it slash and burn as a means to dictatorial or oligarchical ends. I am against the total lack of transparency and the destructive forces of corporate consolidation and monopolization that kills the spirit of free enterprise in this country. The scourge of deregulation since the Reagan years that has given Wall Street banking institutions a free pass to cannibalize their own market through derivative investment, synthetic portfolios, and notional commodity fixtures is an insult to average American investors and exemplifies the weakness and the culpability of the government, which was organized to protect them.
This book is about power. Those who possess it and those who channel it to the reservoirs of consolidated gain. This process has been going on since the pharaohs of ancient Egypt. However, in this country, around the turn of the twentieth century, a politician, an economist, and a few Wall Street bankers overthrew the entire monetary system of the United States of America and produced an entity that for the benefit of the select few who built it, would wield more economic power than any other of its kind.
- Type
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- Information
- The Federal Reserve and its FoundersMoney, Politics and Power, pp. 1 - 4Publisher: Agenda PublishingPrint publication year: 2018