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  <id>1909057</id>
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    <name><![CDATA[Henrik]]></name>
    <location><![CDATA[Seattle, WA]]></location>
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  <id type="integer">81976</id>
  <isbn>094546617X</isbn>
  <isbn13>9780945466178</isbn13>
  <ratings_count type="integer">69</ratings_count>
  <text_reviews_count type="integer">22</text_reviews_count>
  <title>&lt;![CDATA[The Case Against the Fed]]&gt;</title>
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  <link>http://www.goodreads.com/book/show/81976.The_Case_Against_the_Fed</link>
  <average_rating></average_rating>
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    <author>
    <id>46810</id>
        <name><![CDATA[Murray N. Rothbard]]></name>
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    <link><![CDATA[http://www.goodreads.com/author/show/46810.Murray_N_Rothbard]]></link>
    <average_rating>4.16</average_rating>
    <ratings_count>468</ratings_count>
    <text_reviews_count>87</text_reviews_count>
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    <rating>4</rating>
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  <recommended_for><![CDATA[those interested in finance and monetary policy]]></recommended_for>
  <recommended_by><![CDATA[]]></recommended_by>
  <read_at>Wed Aug 01 00:00:00 -0700 2007</read_at>
  <date_added>Tue Jun 12 21:23:56 -0700 2007</date_added>
  <date_updated>Sun Aug 26 20:59:51 -0700 2007</date_updated>
  <read_count></read_count>
    <body><![CDATA[Rothbard was in the Austrian school of economics. He explains our current system of fractional-reserve banking, by means of simple examples (that I have to re-read to firm up the concepts), and argues that it is a damaging and unhealthy way to run a nation's banks. Then he provides a coherent re-interpretation of American economic history, showing how such hallowed constructs as the Interstate Commerce Commission, the Sherman Anti-Trust Act, as well as the Federal Reserve Act are not benevolent and helpful as usually advertised and taught, but are negative developments benefiting powerful industry groups. It is shocking to consider things in this light, as in &quot;You know, he might just be right about this.&quot; Finally, he provides a simple exit path (as of 1994) as to how to eliminate the Fed, while still retaining much of our existing banking structure.<br/><br/>Whether you agree or not, it's interesting stuff and worth a read.<br/>]]></body>
    <url><![CDATA[http://www.goodreads.com/review/show/1909057]]></url>
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