No matter who you are-investor, trader, homeowner, 401(k) holder, or CEO-you are bound to feel the impact of Alan Greenspan's “Age of Ignorance” for years to come.

According to MSN Money columnist William A. Fleckenstein, Greenspan's nearly 19-year career as Federal Reserve Chairman is even worse than anyone imagined. Labeled “Mr. Bubble” by the New York Times, Greenspan was nothing less than a serial bubble blower with a long history of bad decision-making. His famous “Greenspan Put” fueled the perception of a Goldilocks economy-but, as this explosive exposé reveals, the bear has finally caught up with Goldilocks.

Using transcripts of Greenspan's FOMC meetings as well as testimony before Congress, this eye-opening book delivers a timeline of his most devastating mistakes and weaves together the connection between every economic calamity of the past 19 years:

• The stock market crash of 1987
• The Savings & Loan crisis
• The collapse of Long Term Capital Management
• The tech bubble of 2000
• The feared Y2K disaster
• The credit bubble and real estate crisis of 2007

Fleckenstein explains just how far-reaching Greenspan's mess has been flung, and presents damning evidence that contradicts the former Fed chief's public naiveté concerning shifts in the market and economy. He also points to a disturbing fact, that throughout his career, Greenspan not only made costly mistakes, but made the same ones-over and over again. And not only was he never able to recognize or admit to those mistakes, he constantly rewrote his own history to justify them.

Greenspan's Bubbles offers a lock-stock-and-barrel portrait of a flawed but fascinating man whose words and actions have led a whole generation astray, and whose legacy will continue to challenge us in the years ahead.

The New Keynesian framework has emerged as the workhorse for the analysis of monetary policy and its implications for inflation, economic fluctuations, and welfare. It is the backbone of the new generation of medium-scale models under development at major central banks and international policy institutions, and provides the theoretical underpinnings of the inflation stability-oriented strategies adopted by most central banks throughout the industrialized world. This graduate-level textbook provides an introduction to the New Keynesian framework and its applications to monetary policy.

Using a canonical version of the New Keynesian model as a reference framework, Jordi Galí explores issues pertaining to the design of monetary policy, including the determination of the optimal monetary policy and the desirability of simple policy rules. He analyzes several extensions of the baseline model, allowing for cost-push shocks, nominal wage rigidities, and open economy factors. In each case, the implications for monetary policy are addressed, with a special emphasis on the desirability of inflation targeting policies.

• The most up-to-date and accessible introduction to the New Keynesian framework available
• Uses a single benchmark model throughout
• Concise and easy to use
• Includes exercises
• An ideal resource for graduate students, researchers, and market analysts

Governments and central bankers around the world today unanimously agree on the desirability of stable money, ever more so after some monetary disaster has reduced yet another economy to smoking ruins. Lewis shows how gold provides the stability needed to foster greater prosperity and productivity throughout the world. He offers an insightful look at money in all its forms, from the seventh century B.C. to the present day, explaining in straightforward layman’s terms the effects of inflation, deflation, and floating currencies along with their effect on prices, wages, taxes, and debt. He explains how the circulation of money is regulated by central banks and, in the process, demystifies the concepts of supply, demand, and the value of currency. And he illustrates how higher taxes diminish productivity, trade, and the stability of money. Lewis also provides an entertaining history of U.S. money and offers a sobering look at recent currency crises around the world, including the Asian monetary crisis of the late 1990s and the devastating currency devaluations in Russia, China, Mexico, and Yugoslavia.

Lewis’s ultimate conclusion is simple but powerful: gold has been adopted as money because it works. The gold standard produced decades and even centuries of stable money and economic abundance. If history is a guide, it will be done again.

Nathan Lewis was formerly the chief international economist of a firm that provided investment research for institutions. He now works for an asset management company based in New York. Lewis has written for the Financial Times, Asian Wall StreetJournal, Japan Times, Pravda, and other publications. He has appeared on financial television in the United States, Japan, and the Middle East.
Price=$18.45
Buy ]]> Fri, 23 May 2008 18:06:40 -0700 http://www.networkmarketingshop.com/products/money/gold-the.htm http://www.networkmarketingshop.com/products/money/gold-the.htm
Robert Rubin was sworn in as the seventieth U.S. Secretary of the Treasury in January 1995 in a brisk ceremony attended only by his wife and a few colleagues. As soon as the ceremony was over, he began an emergency meeting with President Bill Clinton on the financial crisis in Mexico. This was not only a harbinger of things to come during what would prove to be a rocky period in the global economy; it also captured the essence of Rubin himself--short on formality, quick to get into the nitty-gritty.

From his early years in the storied arbitrage department at Goldman Sachs to his current position as chairman of the executive committee of Citigroup, Robert Rubin has been a major figure at the center of the American financial system. He was a key player in the longest economic expansion in U.S. history. With In an Uncertain World, Rubin offers a shrewd, keen analysis of some of the most important events in recent American history and presents a clear, consistent approach to thinking about markets and dealing with the new risks of the global economy.

Rubin's fundamental philosophy is that nothing is provably certain. Probabilistic thinking has guided his career in both business and government. We see that discipline at work in meetings with President Clinton and Hillary Clinton, Chinese premier Zhu Rongji, Alan Greenspan, Lawrence Summers, Newt Gingrich, Sanford Weill, and the late Daniel Patrick Moynihan. We see Rubin apply it time and again while facing financial crises in Asia, Russia, and Brazil; the federal government shutdown; the rise and fall of the stock market; the challenges of the post-September 11 world; the ongoing struggle over fiscal policy; and many other momentous economic and political events.

With a compelling and candid voice and a sharp eye for detail, Rubin portrays the daily life of the White House-confronting matters both mighty and mundane--as astutely as he examines the challenges that lie ahead for the nation. Part political memoir, part prescriptive economic analysis, and part personal look at business problems, In an Uncertain World is a deep examination of Washington and Wall Street by a figure who for three decades has been at the center of both worlds.


From the Hardcover edition.
Price=$11.53
Buy ]]> Fri, 23 May 2008 18:07:00 -0700 http://www.networkmarketingshop.com/products/money/in-an.htm http://www.networkmarketingshop.com/products/money/in-an.htm

An authoritative, in-depth guide to all aspects of credit analysis from the experts at Standard & Poor's

Credit analysis--gauging an issuer's ability to repay interest and principal on a bond issue--plays an essential role in determining how bond issues are rated and priced. Fundamentals of Corporate Credit Analysis provides both analysts and investors with the practical, up-to-date information they need, backed by Standard & Poor's research, data, and experience, to properly assess the credit risk of virtually any entity.

Whether used as a handy all-in-one guide or as a comprehensive training tool, it will give anyone the knowledge and tools needed to dig beneath standard ratings and determine an organization's true creditworthiness.

Discover 282 marketing and sales strategies proven to make more money for you!

A self-made multimillionaire and business development expert, Brad Sugars helps you identify your company's hidden “gold mines,” dramatically boost your bottom line, and get on the fast track to big profits. And best of all, these crystal-clear, bite-sized lessons can be put to work in your business immediately! Discover how to:

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Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: "The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental, above all, in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues."

Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7, The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January 1965: "If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger."

Milton Friedman won the Nobel Prize in Economics in 2000 for work related to A Monetary History as well as to his other Princeton University Press book, A Theory of the Consumption Function (1957).

The chilling details of cleaning blood money.

What is money laundering? How does it work? And why is it such a threat to any democratic society?

International terrorism has focused federal and state law-enforcement's attention on the shadowy world of money laundering. While the media has examined money laundering, the topic is still little understood by the public.

In Crime School: Money Laundering, a twenty year law enforcement veteran of financial crime explains this felony in simple terms. Written anecdotally, the book describes what money laundering is and how the crimes behind it fit together.

Organized criminals operating both domestically and internationally corrupt bankers and subvert national economies through the use of drug money.

This book examines the history of money laundering from ancient times to the cocaine craze of the 1970s to the sophisticated, brutal techniques employed by today's terrorists and organized crime.

Lively and detailed, this book chronicles the stark realities and deadly dynamics of the lynchpin between organized crime and modern terrorism. It's a rare and fascinating look at a deadly world few have ever witnessed and lived to tell the story.

Listen to a short interview with Stephen Mihm
Host: Chris Gondek | Producer: Heron & Crane

Few of us question the slips of green paper that come and go in our purses, pockets, and wallets. Yet confidence in the money supply is a recent phenomenon: prior to the Civil War, the United States did not have a single, national currency. Instead, countless banks issued paper money in a bewildering variety of denominations and designs--more than ten thousand different kinds by 1860. Counterfeiters flourished amid this anarchy, putting vast quantities of bogus bills into circulation.

Their success, Stephen Mihm reveals, is more than an entertaining tale of criminal enterprise: it is the story of the rise of a country defined by a freewheeling brand of capitalism over which the federal government exercised little control. It was an era when responsibility for the country's currency remained in the hands of capitalists for whom "making money" was as much a literal as a figurative undertaking.

Mihm's witty tale brims with colorful characters: shady bankers, corrupt cops, charismatic criminals, and brilliant engravers. Based on prodigious research, it ranges far and wide, from New York City's criminal underworld to the gold fields of California and the battlefields of the Civil War. We learn how the federal government issued greenbacks for the first time and began dismantling the older monetary system and the counterfeit economy it sustained.

A Nation of Counterfeiters is a trailblazing work of history, one that casts the country's capitalist roots in a startling new light. Readers will recognize the same get-rich-quick spirit that lives on in the speculative bubbles and confidence games of the twenty-first century.

The Federal Reserve—the central bank of the United States—is the most powerful peacetime bureaucracy in the federal government. Under the chairmanship of Alan Greenspan (1987-2006), the Fed achieved near mythical status for its part in managing the economy, and Greenspan was lauded as a genius. Few seemed to notice or care that Fed officials operated secretly with almost no public accountability. There was a courageous exception to this lack of oversight, however: Henry B. Gonzalez (D-TX)—chairman of the U.S. House of Representatives Financial Services (banking) Committee.

In Deception and Abuse at the Fed, Robert Auerbach, a former banking committee investigator, recounts major instances of Fed mismanagement and abuse of power that were exposed by Rep. Gonzalez, including:

• Blocking Congress and the public from holding powerful Fed officials accountable by falsely declaring—for 17 years—it had no transcripts of its meetings;
• Manipulating the stock and bond markets in 1994 under cover of a preemptive strike against inflation;
• Allowing $5.5 billion to be sent to Saddam Hussein from a small Atlanta branch of a foreign bank—the result of faulty bank examination practices by the Fed;
• Stonewalling Congressional investigations and misleading the Washington Post about the $6,300 found on the Watergate burglars.

Auerbach provides documentation of these and other abuses at the Fed, which confirms Rep. Gonzalez's belief that no government agency should be allowed to operate with the secrecy and independence in which the Federal Reserve has shrouded itself. Auerbach concludes with recommendations for specific, broad-ranging reforms that will make the Fed accountable to the government and the people of the United States.

Rave reviews

With most chapters only one or two pages long, this book by Don Silver is a short, easy-to-read yet very comprehensive step-by-step guide that's readily accessible for teens. - California Department of Education

Price=$19.95
Buy ]]> Fri, 23 May 2008 18:07:54 -0700 http://www.networkmarketingshop.com/products/money/high-3.htm http://www.networkmarketingshop.com/products/money/high-3.htm
The world's quietest weapon of mass destruction is 75 percent cotton, 25 percent linen, and 100 percent fake.

The amount of counterfeit money in circulation is unknown, but hundreds of millions of bogus U.S. dollars are seized each year. Mass counterfeiting is not just organized crime, it can also be aggressive economic warfare waged by states to destabilize enemy governments, and it is reaching epidemic proportions. Forgery provides cash for states like North Korea and Iran in their pursuit of weapons—a fact publicly unacknowledged, even as fears grow over their nuclear ambitions.

In Currency Wars, John Cooley maps this dirty matrix of war and politics, sabotage and subterfuge, with new evidence and recently disclosed documents. With sound grounding in current affairs and history alike, Cooley demonstrates that the machinations of today's states echo attempts in antiquity by Persia, Greece, Rome, and China to use and defend against forgery and currency debasement. Counterfeiting remained a high crime throughout medieval and Renaissance Europe; played a key role in the American and French Revolutions; and was used by the British, Germans, and Soviets in two World Wars. Bad money mixed with post-war dictatorships, and was a tool of the KGB, CIA, Stasi, Hezbollah, the Medellín cartels, and the Chinese Triads.

This compelling, accessible account reveals grand-scale forgery's corrosive implications for global economic, political, and social stability. It is essential reading for anyone concerned with the complications and consequences of increasing and inevitable globalization, and it serves as a provocative reminder of the ways in which human greed and fear act as catalysts in world economics.
Price=$16.47
Buy ]]> Fri, 23 May 2008 18:07:55 -0700 http://www.networkmarketingshop.com/products/money/currency-2.htm http://www.networkmarketingshop.com/products/money/currency-2.htm

With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account?

Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a world, effective monetary policy requires that central banks construct a conscious and articulate account of what they are doing. Michael Woodford reexamines the foundations of monetary economics, and shows how interest-rate policy can be used to achieve an inflation target in the absence of either commodity backing or control of a monetary aggregate.

The book further shows how the tools of modern macroeconomic theory can be used to design an optimal inflation-targeting regime--one that balances stabilization goals with the pursuit of price stability in a way that is grounded in an explicit welfare analysis, and that takes account of the "New Classical" critique of traditional policy evaluation exercises. It thus argues that rule-based policymaking need not mean adherence to a rigid framework unrelated to stabilization objectives for the sake of credibility, while at the same time showing the advantages of rule-based over purely discretionary policymaking.

Dr. Philipp J. Schönbucher is a professor at the Swiss Federal Institute of Technology (ETH), Zurich, and has degrees in mathematics from Oxford University and a PhD in economics from Bonn University. He has taught various training courses organized by ICM and CIFT, and lectured at risk conferences for practitioners on credit derivatives pricing, credit risk modeling, and implementation.
Price=$97.65
Buy ]]> Fri, 23 May 2008 18:07:57 -0700 http://www.networkmarketingshop.com/products/money/credit.htm http://www.networkmarketingshop.com/products/money/credit.htm
This text gives students a unique understanding of the dynamic and evolving nature of the financial system and how it is related to the aggregate economy. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment. Its highly applied, roots-in-reality approach incorporates numerous real-world applications and Internet features to demonstrate the relevance of topics. The text is written in an informal, conversational style, avoiding complex models and high-level math, making it perfect for the typical business major who may or may not have a strong economics background.
Price=$143.16
Buy ]]> Fri, 23 May 2008 18:08:19 -0700 http://www.networkmarketingshop.com/products/money/-28.htm http://www.networkmarketingshop.com/products/money/-28.htm
Mary Schaeffer is considered an industry expert and writes a newsletter that focuses on credit, collections, and accounts receivable.
* Provides an overview of the credit, collections, and accounts receivable functions for senior level managers.
* Provides tips and techniques as well as case studies.
* Shows how to stream line the credit process and how to make this area as efficient as possible.
Price=$23.07
Buy ]]> Fri, 23 May 2008 18:08:19 -0700 http://www.networkmarketingshop.com/products/money/essentials-2.htm http://www.networkmarketingshop.com/products/money/essentials-2.htm

Combining a concise writing style with real-world applications, this innovative text takes a new approach to the money and banking course. Money and Banking examines the role the banking system plays in individual financial activities and considers the monetary policymaking that shapes the world's financial system. A highly respected teacher—and a leading expert on macroeconomic forecasting, with several years of experience at the Federal level—Croushore makes the personal and the public relevant and interesting to students.

The text's shorter, more focused approach addresses the modern framework of today's financial system, in which both financial markets and banks play important roles. Designed to appeal to a range of learners, the pedagogical features include over 130 figures and 20 full-color photos and cartoons. The ancillary program, written entirely by the author, provides a well-integrated set of learning tools and teaching resources.

• The text's focus on policy issues and data appeals to students who want to see how theories about money and financial markets play out in the real world—both in their own financial activities and on a larger, societal scale.
• As a former macroeconomics expert with the Philadelphia Federal Reserve, Croushore brings an insider's perspective to the material, helping students understand the real-world complexities of economic policy.
• Carefully selected and tested by the author, the end-of-chapter problems include review, numerical, and analytical exercises.
• Data Bank boxed features explore how data collection affects real-world businesses, institutions, and investors; Policy Insider boxes highlight the author's experience with policy decision at the Federal level.
• Application to Everyday Life sections feature interesting examples to help students connect concepts in the text to their personal experiences, while chapter-ending Policy Issues focus on key policy decisions relevant to the reading.
• Key equations, key terms, marginal glossaries, and section summaries allow students to quickly and efficiently review important information in each chapter.
• The Eduspace online learning tool pairs the widely recognized resources of Blackboard with quality, text-specific content from Houghton Mifflin. Auto-graded homework based on end-of-chapter exercises, MP3 files of chapter summaries, and math review tutorials all come ready-to-use. Additional course management materials PowerPoint slides and Instructor's Resource Manual.
• MP3 audio files include chapter summaries to help students prepare students for quizzes and exams. These files are available at the Online Study Center and on the Eduspace site and Blackboard/WebCT course cartridges.

Their name is a byword for immense wealth and power, but before their renown as art patrons and noblemen the Medicis built their fortune on banking—specifically, on lending money at interest. Banking in the fifteenth century, even at the height of the Renaissance, meant running afoul of the Catholic Church's prohibition against usury. It required more than merely financial skills to make a profit, and the legendary Medicis—most famously Cosimo and Lorenzo ("the Magnificent")—were masterly in wielding the political, diplomatic, military, and even metaphysical tools that were needed to maintain their family's position.

In this brisk and witty narrative, Tim Parks uncovers the intrigues, dodges, and moral qualities that gave the Medicis their edge. Vividly evoking the richness of the Florentine Renaissance and the Medicis' glittering circle, replete with artists, popes, and kings, Medici Money is a brilliant look into the origins of modern banking and its troubled relationship with art and religion. 14 illustrations.
Price=$22.95
Buy ]]> Fri, 23 May 2008 18:08:23 -0700 http://www.networkmarketingshop.com/products/money/medici.htm http://www.networkmarketingshop.com/products/money/medici.htm

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is the first in-depth study of inflation targeting. Combining penetrating theoretical analysis with detailed empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the U.S. Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so.

The book begins by explaining the unique features and advantages of inflation targeting. The authors argue that the simplicity and openness of inflation targeting make it far easier for the public to understand the intent and effects of monetary policy. This strategy also increases policymakers' accountability for inflation performance and can accommodate flexible, even "discretionary," monetary policy actions without sacrificing central banks' credibility. The authors examine how well variants of this approach have worked in nine countries: Germany and Switzerland (which employ a money-focused form of inflation targeting), New Zealand, Canada, the United Kingdom, Sweden, Israel, Spain, and Australia. They show that these countries have typically seen lower inflation, lower inflation expectations, and lower nominal interest rates, and have found that one-time shocks to the price level have less of a "pass-through" effect on inflation. These effects, in turn, are improving the climate for economic growth. The authors warn, however, that the success of inflation targeting depends on operational details, such as how the targets are defined and when they are announced. They also show that inflation targeting is not a panacea that can make inflation perfectly predictable or reduce it without economic costs.

Clear, balanced, and authoritative, Inflation Targeting is a groundbreaking study that will have a major impact on the debate over the right monetary strategy for the coming decades. As a unique comparative study of what central banks actually do in different countries around the world, this book will also be invaluable to anyone interested in how economic policy is made.

Useless as a metal for most practical purposes, gold originally held value as decoration and adornment for the wealthy ancients. Later, it was minted and used as coins by the Lydians in 635 B.C. That, Bernstein goes on to reveal, put gold on a path from the concrete to the abstract, from evidence of wealth to the standard behind wealth in other forms, and finally to the tenuous place it holds in today's virtual world of credit cards and computer chips. Along the way lie wild stories of lives destroyed, fortunes won and quickly lost, and values transformed: the massacre by the Spanish invader Pizarro, whose small band of men decimated the formidable army of Emperor Atahualpa, "the Inca," through more duplicity than military skill; the roller-coaster ride of the 1890s, when the rippling impact of the Baring Brothers bank crisis in Britain sent the isolated United States into an economic meltdown; and the surplus of the Gold Coast natives of Timbuktu, who willingly traded their gold for much-needed salt, ounce for ounce.

Bernstein is a great storyteller. His accounts of mythological, ancient, and recent history ooze with odd and entertaining details that bring each successive tale of obsession to life. If not for his skill, the sheer volume of events collected here--presented more anecdotally than systematically--would be overwhelming. In the end, though, it is Bernstein's fascination with the power of gold to entangle and entrap its possessors, and its ultimate ability to change the course of entire eras and civilizations, that makes his book as fascinating as it is informative. A dense but entertaining read. --S. Ketchum
Price=$23.07
Buy ]]> Fri, 23 May 2008 18:08:24 -0700 http://www.networkmarketingshop.com/products/money/the-power-3.htm http://www.networkmarketingshop.com/products/money/the-power-3.htm

As a governor of the Federal Reserve Board from 1996 to 2002, Laurence H. Meyer helped make the economic policies that steered the United States through some of the wildest and most tumultuous times in its recent history. Now, in A Term at the Fed, Governor Meyer provides an insider's view of the Fed, the decisions that affected both the U.S. and world economies, and the challenges inherent in using monetary policy to guide the economy.

When Governor Meyer was appointed by President Clinton to serve on the Federal Reserve Board of Governors in 1996, the United States was entering one of the most prosperous periods in its history. It was the time of "irrational exuberance" and the fabled New Economy. Soon, however, the economy was tested by the Asian financial crisis, the Russian default and devaluation, the collapse of Long-Term Capital Management, the bursting of America's stock bubble, and the terrorist attacks of 9/11.

In what amounts to a definitive playbook of monetary policy, Meyer now relives the Fed's closed-door debates -- debates that questioned how monetary policy should adapt to the possibility of a New Economy, how the Fed should respond to soaring equity prices, and whether the Fed should broker the controversial private sector bailout of LTCM, among other issues. Meyer deftly weaves these issues with firsthand stories about the personalities involved, from Fed Chairman Alan Greenspan to the various staffers, governors, politicians, and reporters that populate the world of the Fed.

Since the end of his term, Meyer has continued to watch the Fed and the world economy. He believes that we are witnessing a repetition of some of the events of the remarkable 1990s -- including a further acceleration in productivity and perhaps another bull market. History does not repeat itself, yet Meyer shows us how the lessons learned yesterday may help the Fed shape policy today.

When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a central bank in the summer of 1914, the United States resembled a headless financial giant.

William McAdoo stepped in with courageous action, we read in Silber's gripping account. He shut the New York Stock Exchange for more than four months to prevent Europeans from selling their American securities and demanding gold in return. He smothered the country with emergency currency to prevent a replay of the bank runs that swept America in 1907. And he launched the United States as a world monetary power by honoring America's commitment to the gold standard. His actions provide a blueprint for crisis control that merits attention today. McAdoo's recipe emphasizes an exit strategy that allows policymakers to throttle a crisis while minimizing collateral damage.

When Washington Shut Down Wall Street recreates the drama of America's battle for financial credibility. McAdoo's accomplishments place him alongside Paul Volcker and Alan Greenspan as great American financial leaders. McAdoo, in fact, nursed the Federal Reserve into existence as the 1914 crisis waned and served as the first chairman of the Federal Reserve Board.

"Spiritual Capitalism is not an oxymoron. Read this book and prepare to be inspired." - Marc Gunther, Fortune staff writer and author of Faith and Fortune
Price=$13.56
Buy ]]> Fri, 23 May 2008 18:08:47 -0700 http://www.networkmarketingshop.com/products/money/spiritual-2.htm http://www.networkmarketingshop.com/products/money/spiritual-2.htm

The importance of the international monetary system is clearly evident in daily news stories about fluctuating currencies and in dramatic events such as the recent reversals in the Mexican economy. It has become increasingly apparent that one cannot understand the international economy without knowing how its monetary system operates. Now Barry Eichengreen presents a brief, lucid book that tells the story of the international financial system over the past 150 years. Globalizing Capital is intended not only for economists but also for a general audience of historians, political scientists, professionals in government and business, and anyone with a broad interest in international economic and political relations. Eichengreen's work demonstrates that insights into the international monetary system and effective principles for governing it can result only if it is seen a historical phenomenon extending from the gold standard period to interwar instability, then to Bretton Woods, and finally to the post-1973 period of fluctuating currencies.

Eichengreen analyzes the shift from pegged to floating exchange rates in the 1970s and ascribes that change to the growing capital mobility that has made pegged rates difficult to maintain. However, he shows that capital mobility was also high prior to World War I, yet this did not prevent the maintenance of fixed exchange rates. What was critical for the successful maintenance of fixed exchange rates during that period was the fact that governments were relatively insulated from democratic politics and thus from pressure to trade off exchange rate stability for other goals, such as the reduction of unemployment. Today pegging exchange rates would require very radical reforms of a sort that governments are understandably reluctant to embrace. The implication seems undeniable: floating rates are here to stay.

More profoundly, Greenspan is a maestro, a conductor, exquisitely attuned to every instrument in the political and economic orchestra. He rules by consensus, but with a firm hand and notoriously inscrutable words. Marvelously, Woodward relates that Greenspan had to propose twice to his wife, the violinist-turned-TV news star Andrea Mitchell, before she understood: "His verbal obscurity and caution were so ingrained that Mitchell didn't even know that he had asked her to marry him." Woodward gives us the inside story of what Greenspan really thinks and how he outmaneuvered the most ruthless politicians on earth in some of the hairiest times imaginable, from the 1987 stock market crash to the 1994-95 Mexican crisis to the stomach-churning turn of the century. It turns out that for all his awesome knowledge of monetary minutiae, the Fed chief literally relies on "a pain in the pit of my stomach" to make decisions. "At times, he found his body sensed danger before his head," writes Woodward. The Fed chief also adapts Einstein's technique to economics, hunting for discrepancies as keys to deeper theories. Einstein made breakthroughs out of bent light; Greenspan deduced productivity gains that government statisticians had overlooked for years. (The gains appeared when Greenspan made the statisticians calculate productivity by business sector, the way it's done in the real world.)

Woodward's prose is cool and rational, not exuberant. But if you're into economics and politics, you'll find a rich gossip trove here. Who knew Reagan had a draft of a presidential order to shut down Wall Street trading at hand in 1987? Scary! Reading Maestro is better than sitting with Greenspan in his famous tub as he charts your future--it's like being right there inside his head. --Tim Appelo
Price=$11.20
Buy ]]> Fri, 23 May 2008 18:08:49 -0700 http://www.networkmarketingshop.com/products/money/maestro.htm http://www.networkmarketingshop.com/products/money/maestro.htm
What is money? Is it the all-too-common dollar bill? Coins made by the US mint? A credit card? A checkbook? Our founding fathers did not think so. The answer, easily found in the Constitution, has been buried over the centuries by evil, greedy men. Unfortunately, we the people have bought into the idea that items other than gold and silver can be used as money. And our acquiescence will one day destroy us. How do we avoid the inevitable? How do we survive the economic collapse that will occur, perhaps in the near future? The answer is simple: we must return to the system of "just weights and measures" as is outlined in the Constitution and the scriptures. We must return to real money, to gold and silver, and turn from the evils of fiat money. This book, a valuable source of information and advice about financial stability, has the answers that can save you in an economic collapse. Learn what you can do now to protect yourself and your family from the approaching financial Armageddon.
Price=$11.19
Buy ]]> Fri, 23 May 2008 18:08:50 -0700 http://www.networkmarketingshop.com/products/money/financial-6.htm http://www.networkmarketingshop.com/products/money/financial-6.htm
Praise for The Money Market: ``. . .splendid. . .''--The Wall Street Journal. ``The best current book on the working of the credit markets. . .''--The New York Times. ``. . .this book will be welcomed by all on Wall Street.''--Library Journal. This is the most comprehensive, authoritative, and respected source on the money market.
Price=$99.00
Buy ]]> Fri, 23 May 2008 18:09:09 -0700 http://www.networkmarketingshop.com/products/money/the-money-3.htm http://www.networkmarketingshop.com/products/money/the-money-3.htm
An in depth look at the tremendous potential of this vital market with expert advice from one of the foremost authorities. The foreign exchange market is the world's largest and fastest growing financial terrain. Despite its high trading volume, it is also a market little understood and little regulated. This definitive resource brings the universe of foreign exchange within reach of every investor. The revised edition includes complete comprehensive coverage of the euro and the latest historical and economic changes in the market.

Cornelius Luca, a renowned authority on international investing, draws on the insights of leading experts in diverse fields of specialty to explain every crucial aspect of foreign exchange. He provides investors with an arsenal of trading weapons, many on the cutting edge of technology. Demystifying the intricacies of these markets, the book includes:

Analysis of the mechanics of the market, the major players and markets, the pertinent risks, corporate trading, and methods of trading execution.

A thorough overview of foreign exchange instruments and major option strategies, with clear explanations of why currencies are traded and how to forecast currency behavior. An in-depth look at the three types of analysis: fundamental, technical, and econometric. Featuring 200 charts and graphics, TRADING IN THE GLOBAL CURRENCY MARKETS is an indispensable guide to a daunting yet promising financial playing field.
Price=$75.00
Buy ]]> Fri, 23 May 2008 18:09:10 -0700 http://www.networkmarketingshop.com/products/money/trading-2.htm http://www.networkmarketingshop.com/products/money/trading-2.htm
Investment pioneer John E. Girouard exposes how the investment industry (Wall Street, mutual fund companies, banks with CDs, online trading houses, and so on) offer investors hope, but not much more. Misleading statistics and hidden conflicts of interest are common and help rob people of opportunities to create wealth and achieve financial independence, however one defines it. The solution, he shows, is to always invest in things you own, including old-fashioned participating whole life insurance. Girouard mathematically and entertainingly explodes a series of myths, proving, for example, that it can cost more to pay cash for a car than to finance it and invest the money elsewhere. He shows how people can become their own banks, pay themselves interest, earn untaxed income, stop paying taxes on income that's already been taxed before, all without taking excessive risks. The Ten Truths are the basic rules Girouard has learned over a quarter-century showing thousands of clients how investment industry hype and practices rob people of their money goals, and how financial peace of mind can be achieved with less confusion and worry. Wealth Creation Truth No. 10: Minimize future decisions. Girouard challenges us to rethink our relationship with money, and to remember that wealth should serve life, not the other way around.
Price=$18.21
Buy ]]> Fri, 23 May 2008 18:09:10 -0700 http://www.networkmarketingshop.com/products/money/the-ten-2.htm http://www.networkmarketingshop.com/products/money/the-ten-2.htm
An "insightful" (Publishers Weekly) history of the development of American capitalism and the men who made it great.

Most Americans are familiar with the political history of the United States, but there is another history woven all through it, a largely forgotten history—the story of the money men. Acclaimed historian H. W. Brands brings them back to life: J. P. Morgan, who stabilized a foundering U.S. Treasury in 1907; Alexander Hamilton, who founded the first national bank, and Nicholas Biddle, under whose directorship it failed; Jay Cooke, who helped to finance the Union war effort through his then-innovative strategy of selling bonds to ordinary Americans; and Jay Gould, who tried to corner the market on gold in 1869 and as a result brought about Black Friday and fled for his life.
Price=$10.46
Buy ]]> Fri, 23 May 2008 18:09:11 -0700 http://www.networkmarketingshop.com/products/money/the-money-4.htm http://www.networkmarketingshop.com/products/money/the-money-4.htm
As one of the industry s most highly trained numismatic scholars, Jeff Ambio brings first-hand experience and expertise together to offer exclusive insider tips for the collector and investor: What do I look for? Which coin should I buy next? Is the coin available on the market? How much can I expect to pay? And how do I make the most of my investment?

This book covers regular-issue gold series from 1795 through 1933 and informs the reader on a number of investing strategies, including collecting by type, variety, or rarer issues. The book includes over 150 high resolution gold coin images, graphs, and vital pricing data. Each chapter begins with a brief history of a gold type, then goes on to describe various tactics or game plans to help the investor build his or her collection.
Price=$25.16
Buy ]]> Fri, 23 May 2008 18:09:12 -0700 http://www.networkmarketingshop.com/products/money/collecting.htm http://www.networkmarketingshop.com/products/money/collecting.htm

Here is a timely, comprehensive, and invaluable guide to using offshore investing as a method of asset protection. From evaluating places in which to invest to avoiding offshore scams, this easy-to-understand book provides you with all there is to know about keeping the money you earn.