Websites For Traders  |  MAY 2005

Websites For Traders: fmcenter.org by David Penn

Stocks & Commodities V. 23:5 (13-15): Websites For Traders: fmcenter.org by David Penn FMCENTER.ORG For some, the Federal Reserve Board, its operations, and intentions are shrouded in mystery, if not paranoia and conspiracy theory. One regular advertisement on Internet and AM radio teases listeners darkly with the invitation to purchase a book that promises to: …“[E]xpose the almost inconceivable stories of deceit, conspiracy, and media cover up involving the creation of the Federal Reserve System, an entity that emerges as a secret government more powerful than the duly constituted government of the President, the Congress and the Courts.” Even less excitable observers can’t help but regard the institution known colloquially as “the Fed” with some measure of awe and despair. William Greider titled his classic book on the Federal Reserve System Secrets Of The Temple. G. Edward Griffin collected his observations on the Fed in a book called The Creature From Jeckyll Island. Libertarian economist Murray Rothbard never tired of pillorying the Fed in his books, with titles such as The Case Against The Fed and What Has The Government Done To Our Money?

by David Penn