America’s Money Machine

An earlier version of this book was published in 1966 by Books, Inc., under the title Fifty Years of Managed Money

Copyright © 1966 and 1980 by Elgin Groseclose

All rights reserved. No portion of this book may be reproduced without written permission from the publisher except by a reviewer who may quote brief passages in connection with a review.

Library of Congress Cataloging in Publication Data

Groseclose, Elgin Earl, 1899–
       America’s money machine.

Published in 1966 under title: Fifty years of managed money, by Books, inc.

Bibliography: P.

Includes index.

1. United States. Board of Governors of the Federal Reserve System–History. I. Title. HG2563.G73   1980   332.1’1’0973 80-17482 ISBN 0-87000-487-5

Manufactured in the United States of America

P 10987654321