The Complete Idiot's Guide to the Federal Reserveby Preston Martin, Lita Epstein
Who's the most powerful man in American Government? If you answered the President of the United States, guess again.-- Co-author Preston Martin is uniquely qualified to write this book -- he was the Vice-Chairman of the Federal Reserve under Paul Volker, during the Reagan Administration and established the Freddie Mac and Fannie Mae lending agencies that made possible our entire modern system of home loans.-- This book takes us inside the Federal Reserve in a manner unlike any previous book and explains the power of the Fed to guide the U.S. economy.-- The Complete Idiot's Guide to the Federal Reserve includes a special section on little-known government programs that assist in buying a home, getting tuition and retirement assistance, and other services available from Washington.The Complete Idiot's Guide to the Federal Reserve explains in detail the workings of one of the perhaps the least understood and mysterious branches of the U.S. Government. You'll learn how decisions are made inside the Fed, how the Fed examines the U.S. and world economy as part of its decision-making process, how the Fed regulates the U.S. banking system, and how we can all study reports from the Fed in order to do our own financial planning.
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