This is a nice piece you could share with your students or use as your own background on why the Federal Reserve came into being. It is adapted from the new book titled The Alchemists. Above is a video explaining how the federal reserve works.
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![](<div dir="ltr" style="text-align: left;" trbidi="on"> <div class="separator" style="clear: both; text-align: center;"> <a href="http://1.bp.blogspot.com/-6eIlPKvkU2I/TlqhssnGzcI/AAAAAAAAB3c/bXB7oCUuB5I/s1600/cover_thumb_paletz.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="http://1.bp.blogspot.com/-6eIlPKvkU2I/TlqhssnGzcI/AAAAAAAAB3c/bXB7oCUuB5I/s1600/cover_thumb_paletz.png" /></a></div> I have been waiting for <a href="http://catalog.flatworldknowledge.com/catalog/editions/378">this e-book</a> for three months since fellow blogger Frank Franz (Pantherfan) told me about it. It is an entirely free AP book complete with pictures and loads as quickly as others out there. It is put out by Flat Knowledge. If nothing else I would tell your students about it for an additional resource. </div>)
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