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Greenspan and Bernanke - Chief Architects of Dollar Destruction

Autor John Ryan
en Limba Engleză Paperback – 21 feb 2012
This book examines the Greenspan and Bernanke Federal Reserve which imposed an unwanted monetary system that favours Wall Street and is not beneficial for the US voter and the global community. Global confidence in the health of the US economy, and therefore the US Dollar, could plunge because of continued large US current-account deficits, an unstable banking sector, expansionist monetary policy and a financial regulation system that is lacking in credibility. The US monetary system is broken, and the public purposes for which it is supposed to exist are being thwarted. US banks and other financial institutions blew up a vast speculative bubble of financial products leading up to the crash in 2008. The deeply undemocratic process in the US monetary system is still directly supervised by the Federal Reserve. The US system, a quasi-independent and weakly accountable central bank is supposed to be responsible for all aspects of monetary policy. The Federal Reserve policy of stirring up inflation and devaluing the Dollar is called Inflationspolitik in German, synonymous with government deception and theft.
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Specificații

ISBN-13: 9783846582619
ISBN-10: 3846582611
Pagini: 76
Dimensiuni: 152 x 229 x 5 mm
Greutate: 0.12 kg
Editura: LAP LAMBERT ACADEMIC PUBLISHING AG & CO KG
Colecția LAP Lambert Academic Publishing

Notă biografică

Professor John Ryan is currently a fellow at the EU Integration section of the German Institute for International and Security Affairs, Berlin, Germany and has held senior administrative and academic positions at various business schools. Professor Ryan also advises public and private organisations on economic policy.