A Monetary History of the United States,
V**R
Nice
:)
N**O
nn perfetta
Nn aderisce perfettamente...spesso il touch non funziona...protegge ma nn รจ il massimo
G**G
Must read
Excellent source material
B**L
Outstanding Analysis of the Problems with the Fed and Fiat money
This analysis provides outstanding insight into the inherent deficiencies of the fiat money system (not based on a precious metal (gold) - only based on government fiat). The Federal Reserve utilizes the fiat money system to facilitate "controlled inflation" which has resulted in the depreciation of the US dollar by over 98% since Roosevelt's election. Gold was worth $20 an ounce in 1932. It is now worth approximately $1300. Do the math [(o.o5 - 0.001) / 0.05].Although the book covers the time period between 1857 and 1960, it applies to the situation today to an even greater degree than when it was written in 1963.
F**N
Heavy Reading
Don't read this without an Economics dictionary. It's a very technical and at times heavy going book. It's a classic however. It brilliantly explains The Great Depression. It definitely shows , in my opinion, that monetary policy is far more important than fiscal policy. I also recommend, by Milton and Rose Friedman "Free to Choose".
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