Unlocking the Secrets of the
Fed: How Monetary Policy Affects the Economy and Your Wealth-Creation Potential
Written by America's most
respected Fed watcher-Dr. David Jones Unlocking the Secrets of the Fed gets inside the
world of monetary and fiscal policymaking and explains how understanding and anticipating
the actions of the Federal Reserve is critical to your investment success.
This straightforward and
well-rounded guide offers a wealth of practical information on the leading economic policy
institution in the world-the Federal Reserve. This unique book: Addresses the impact of
Federal Reserve actions on the economy and the average American's wealth-creation
potential Closely examines the Fed's policy objectives, operating techniques, and
favorite financial and economic indicators Reviews the modern-day Fed's main challenges
Underscores the important role that psychology plays in our nation's economic expansions
and contractions Explains asset price bubbles and the implications for the economy
Assesses the performance of contemporary Fed leaders such as William McChesney Martin,
Paul Volcker, and Alan Greenspan
As one of the pioneers of
"Fed watching," Dr. Jones knows all there is to know about the Federal Reserve.
Take this opportunity to learn how the Federal Reserve's decisions affect your
investments as well as the economy as a whole.
Table of Contents:
Preface.
Acknowledgements.
About the Author.
Chapter 1. Celebrity Status A
Mixed Blessing.
Chapter 2. New Challenges.
Chapter 3. Potential Growth
and Seven Rules for Central Bankers.
Chapter 4. Major Concerns.
Chapter 5. Monetary Policy
Process and Indicators.
Chapter 6. Asset Price
Bubbles Beware.
Chapter 7. Top-Rated
Contemporary Fed Leaders.
Chapter 8. Terrorist Turmoil.
Chapter 9. Conclusions.
Bibliography.
Index.
248 pages