Oct 24, 2011
The Federal Reserve Bank is arguably the most powerful
non-governmental institution on the planet. It controls the
money supply of the world’s largest economy, has a profound impact
on interest rates and inflation (both of which directly affect real
estate investors!), and has tremendous authority over all banking
in the United States. And if all that wasn’t power enough,
because the U.S. dollar serves as the reserve currency of the
world, the Fed and its policies also profundly affect global
trade.
It's no wonder then, as the 2012 elections approach, with so much
emphasis on the economy, that the topic of the Federal Reserve has
made its way into the mainstream of the presidential debates.
Ron Paul wants to end it. Rick Perry says its acts are
treasonous. Herman Cain was a Chairman of the Kansas City
Fed. Yet, many people really don’t know who the Fed is, what
it does, how it works, or who it’s accountable to. One thing
is for sure: The Fed is controversial. Fortunately, we aren't
afraid of a little controversy. It makes life
interesting!
So, we decided it would be fun to stir the pot a little bit by
tracking down the author of one of the most iconic, well-researched
and controversial books we know of on the topic of the Fed.
Whether you love it, hate it, or it's an enigma to you, if you’re a
serious real estate investor, you need to understand the
Fed.
Listen in as we talk to documentary filmmaker, author and activist,
G. Edward Griffin about his controversial research and perspectives
on the Fed. Then, continue your education by visiting the
Recommended Reading area of our website for additional books and
other opinions about this powerful and controversial
institution.
The Real Estate Guys™ radio show provides real estate investing
news, education, training and resources to help real estate
investors succeed. To learn more and subscribe to the free
newsletter, visit www.realestateguysradio.com.