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This article appeared in the September 14, 2009 edition of The Nation.

August 26, 2009

The Buck Stops Here

Ellicott City, Md.

William Greider's "Dismantling the Temple" [August 3/10] may be the most important summary analysis yet of the current economic crisis and its roots in the mysterious role of the Federal Reserve. If it inspires your readers (especially legislators) to educate themselves about how the economy really functions and who the real players are in the making of economic policy, it will have succeeded in bringing about the hoped-for rebellion. Money, after all, is only a means of exchange, and its value derives from the consent and trust of those who use it.

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