Frederick Sheehan

A delightfully 'anti-establishment' indictment of central banking in America, and of the "The Man Who Loved To Be Loved" behind that system.

Sketches a scathing portrait of the astonishingly fallible and near-sighted Alan Greenspan without getting bogged down in biographical fluff.

Simultaneously, Sheehan effectively outlines the systemic dysfunctions of the U.S. economic system (decades of trade deficits; destruction of manufacturing; addiction to debt; "irrational exuberance") and criticizes The Fed's role in magnifying if not out-right creating many of these imbalances.

Worth the price of admission just for the book's excellent description of how the federal government has manipulated CPI inflation statistics for years.… (mer)