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I don't think the purpose of Meltzer is to encourage 
Americans to consider the unthinkable: the Fed is dangerous to our economic and 
political health; that it should go. But maybe, just maybe, this flawed book may 
reignite a debate that goes back to Jacksonian America. If a central bank is, in 
fact, a favored political instrument that puts almost all of us at risk, then 
maybe it should disbanded along with the huge military establishments that 
Jeffersonians believed were inimical to the liberties of a free 
people.



Gregory Bresiger, a business writer living in Kew Gardens, 
New York, holds a graduate degree in history from New York University.<SPAN 
class=139320013-16052003> Send him <SPAN 
class=139320013-16052003>MAIL<SPAN 
class=139320013-16052003> and see his <SPAN 
class=139320013-16052003><A 
href="">Daily 
Article A<A 
href="">rchive.<FONT 
face=Verdana> For an alternative history, see Murray Rothbard's <A 
href=""><FONT 
face=Verdana>A History of Money and Banking in the United States 
and <A 
href=""><FONT 
face=Verdana>The Case Against the Fed.
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