Customer Reviews: Read 34 more reviews...
Awesome January 6, 2009 This is an excellent source of information on the federal Reserve. If you are interested in this subject, this book is a MUST. Very easy to follow and understand.
Need to know December 20, 2008 1 out of 1 found this review helpful
A lucid and pithy explanation of how banking works--and doesn't. Somewhat of a thought experiment, since the Fed isn't going away, it's getting worse! Anyway, it's enough to make you want to borrow someone else's money, until your realize your borrowing your own!
The Money Masters Exposed November 8, 2008 1 out of 1 found this review helpful
Does the excess of money worry you? Does the lack of money worry you? Were does money come from? Who owns this money? Most of all who creates this money? A plumber fixes your toilet or shower. He does not make money. A mechanic fixes your car. He does not make money. An accountant balances yours books but he does not make money so who does make money or better creates our money if these people do not and how? This book answers a lot of questions.
Excellent October 20, 2008 1 out of 1 found this review helpful
This book is good overview of fractional reserve banking, the Fed, and their pernicious effects on the economy. With that said, the book is only 150 pages and those desiring a treatise on monetary policy should look elsewhere.
I love Rothbard's writing style. He combines humor with an unshakable search for truth, explaining difficult concepts clearly and thoroughly without belaboring the point.
Overall a great read!
Misleading October 13, 2008 1 out of 9 found this review helpful
Rothbard repeatedly refers to the Federal Reserve as a "federal agency" when it's actually a private corporation. This fact alone condemns the fed more than any of the information in his pamphlet and he SOMEHOW LEAVES IT OUT! How can an author overlook such a simple fact? Seems to me this was written to confuse people about the true case against the fed - ITS NOT FEDERAL!
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