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In this updated version, the author takes the reader from the ancient world through the rise of banking, to the early speculative fevers of the 18th century and the economic challenges of the infant United states. He traces the currents that led to the creation of the Federal Reserve system, the Great Crash and the advent of Keynesian fiscal policy, and the financial dilemmas of our own time, providing an insider's view of the cycles of capitalism and the follies that have often accompanied them. Hide synopsis

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