The Federal Reserve Board

Focusing on the economic fluctuations of the late 1990s and early 2000s, the book examines the boom of 1998-1999 and the subsequent recession in 2003, attributing the downturn to the Federal Reserve's interest rate hikes. It critiques the Fed's historical role in economic crises, including the Great Depression, and explores its frequent policy missteps. The latter sections offer solutions for individuals to safeguard their finances against the impacts of Federal Reserve decisions, providing practical advice for navigating economic challenges.