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Secrets of the Temple

Secrets of the Temple

How the Federal Reserve Runs the Country

This ground-breaking best-seller reveals for the first time how the mighty and mysterious Federal Reserve operates -- and how it manipulated and transformed both the American economy and the world's during the last eight crucial years. Based on extensive interviews with all the major players, Secrets of the Temple takes us inside the government institution that is in some ways more secretive than the CIA and more powerful than the President or Congress.
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  • Simon & Schuster | 
  • 800 pages | 
  • ISBN 9780671675561 | 
  • January 1989
List Price $21.00
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Read an Excerpt

Chapter 1

THE CHOICE OF WALL STREET

In the American system, citizens were taught that the transfer of political power accompanied elections, formal events when citizens made orderly choices about who shall govern. Very few Americans, therefore, understood that the transfer of power might also occur, more subtly, without elections. Even the President did not seem to grasp this possibility, until too late. He would remain in office, surrounded still by the aura of presidential authority, but he was no longer fully in control of his government.

The American system depended upon deeper transactions than elections. It... see more

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About the Author

William Greider
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William Greider

William Greider is the bestselling author of five previous books, including One World, Ready or Not (on the global economy), Who Will Tell the People (on American politics), and Secrets of the Temple (on the Federal Reserve). A reporter for forty years, he has written for The Washington Post and Rolling Stone and has been an on-air correspondent for six Frontline documentaries on PBS. Currently the national affairs correspondent for The Nation, he lives in Washington, D.C.

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