Freedom's Nation

Freedomís Nation is a non-fiction book that focuses on Americaís present and future finances. Americaís financial future is in peril, and Jack E. Reinhardís Freedomís Nation explains just how to fix it. Since the creation of the privately operated Federal Reserve in 1913, the influence and power of it has grown. That power was extended in 1971 with the elimination of the dollarís support by gold. This allows the Federal Reserve to authorize the printing of dollars without any real support for its value. The strength of the Federal Reserve grew over the 1970s until it was mostly responsible for the 1288 recession. That recession left the US with deficits that approached $18 trillion and a severe decline of the countryís reputation abroad. The countryís growing debt endangers the status of the dollar as an international reserve currency. The reserve currency status allows the US the reputation of having the highest international standard of living. With this book, Reinhard provides a plan for how to bring the country back to prosperity and to regain its leadership role.