This is the first book that details hour by hour the events that led up to passage of the Federal Reserve Act of 1913 - and the many decades of work and secret planning that private bankers had invested to obtain their money monopoly.
Excerpt:
Chapter Seven: The Money Trust Creates the Fed
How would you like to have the Wall Street Journal one week ahead of publication?
Some people do have this privilege, not advance issues of Wall Street Journal; but advance knowledge of Federal Reserve policies--- what they will be tomorrow, next week, next month and next year.
From time to time the Fed makes pronouncements and before the pronouncement they have to decide what to pronounce. They get together, they discuss, they make plans and then they issue statements.
The meetings are always secret, known only to the Fed Directors. However, if we knew what Chairman Alan Greenspan was going to announce on monetary and credit policies, what the discount rate will be, or what the prime rate will be, we could quickly make a fortune, because that knowledge has impact on Treasury bill rates, on metals markets, on the stock market and on real estate markets.
The Federal Reserve system is a private system owned by the banks and gives only banks this advance information.
End Excerpt.
About the Author:
Antony C. Sutton, D.Sc. was born in London, England, in 1925, spent most of his life in the United States and has been a citizen for 40 years.
With an academic background in economica and engineering, Sutton has worked in mining exploration, iron and steel industries before graduate school at UCLA. In the 1960's he was Professor of economics at California State University, Los Angeles, followed by seven years as a Research Fellow at Stanford University.
Softbound, 5.5x8.5, 115 pages