America's Money Machine: The Story of the Federal Reserve - Elgin Groseclose [epub]


    Seeders : 0      Leechers : 7


GamesToday.org

Note :

Please Update (Trackers Info) Before Start "America's Money Machine: The Story of the Federal Reserve - Elgin Groseclose [epub]" Torrent Downloading to See Updated Seeders And Leechers for Batter Torrent Download Speed.

Trackers List

Tracker NameLast CheckStatusSeedersLeechers
udp://tracker.trackerfix.com:80/announce1 Year+failed00
udp://tracker.internetwarriors.net:1337/announce1 Year+success00
udp://tracker.opentrackr.org:1337/announce1 Year+success07
udp://torrent.gresille.org:80/announce1 Year+success00
udp://9.rarbg.to:2710/announce1 Year+success00
udp://p4p.arenabg.com:1337/announce1 Year+success03
udp://p4p.arenabg.ch:1337/announce1 Year+success03
udp://tracker.blackunicorn.xyz:6969/announce1 Year+failed00
udp://tracker4.piratux.com:6969/announce1 Year+failed00
udp://glotorrents.pw:6969/announce1 Year+failed00
udp://tracker.openbittorrent.com:80/announce1 Year+failed00
udp://tracker.pomf.se:80/announce1 Year+failed00
http://explodie.org:6969/announce1 Year+success00
udp://eddie4.nl:6969/announce1 Year+failed00
http://bigfoot1942.sektori.org:6969/announce1 Year+success00
udp://tracker.coppersurfer.tk:6969/announce1 Year+success03
http://tracker.tfile.me/announce1 Year+success00
udp://tracker.leechers-paradise.org:6969/announce1 Year+failed00
udp://9.rarbg.me:2710/announce1 Year+success00



Torrent File Content (1 file)


     America's Money Machine, The Story of the Federal Reserve - Elgin Groseclose.epub -
633.03 KB



Description



 							image
Elgin Earl Groseclose (1899-1983) was an American economist, statesman, and author, who was appointed Treasurer-General of Persia by the order of the parliament of Iran in 1943; he also headed the Persian Relief Commission. He has written other books such as Ararat, Money and Man: A Survey of Monetary Experience, Introduction to Iran, The Decay Of Money: A Survey Of Western Currencies, 1912-1962, etc. The first edition (1966) of this 1980 book was entitled Fifty Years of Managed Money; the Story of the Federal Reserve, 1913-1963.

He poses the question, "If one man may buy in the market only by the exchange of goods won at the cost of some human labor and effort, while another need only rub the Aladdin's lamp of banking and thereby draw purchasing power from the air in the form of crisp banknotes, what are the effects upon the prices of goods in the market, the distribution of ownership of these goods, and the state of contentment or discontentment among the several classes of the citizenry as they are affected by this process?" (Pg. 37)

He notes that in 1922 the Federal Reserve "quietly began to abandon reliance upon the discount rate as a modifier of the economic climate," and began relying more upon open market purchases to force credit into the economy, or to withdraw it. (Pg. 122) He observes that "there is nothing sacrosanct" about a fixed minimum reserve ratio, and points out that "when confidence is threatened no reserve requirement short of 100 per cent will meet the bill." (Pg. 245)

He argues against the "misconception that debt can be a form of money," since "A money system can be erected on nothing less than a transferable substance of market value, and any system lacking that cannot be called a monetary system." (Pg. 262) He concludes by proposing a return of the Federal Reserve to "near its original design---as a sort of safety valve against credit explosions," where credit could be issued only against "short-term, self-liquidating commercial paper." (Pg. 265)

Groseclose's book has a definite "conservative" orientation, but it also provides useful information that can be of interest to all political persuasions.

Related torrents

Torrent NameAddedSizeSeedLeechHealth
1 Year+ - in Other831.38 KB00
1 Year+ - in Movies676.8 MB162
1 Year+ - in Movies1 GB00
1 Year+ - in Other1.08 GB32
1 Year+ - in Other102.89 MB00

Note :

Feel free to post any comments about this torrent, including links to Subtitle, samples, screenshots, or any other relevant information. Watch America's Money Machine: The Story of the Federal Reserve - Elgin Groseclose [epub] Full Movie Online Free, Like 123Movies, FMovies, Putlocker, Netflix or Direct Download Torrent America's Money Machine: The Story of the Federal Reserve - Elgin Groseclose [epub] via Magnet Download Link.

Comments (0 Comments)




Please login or create a FREE account to post comments

Latest Searches