No Reserve: The Limit of Absolute Power

By 2008, the country, along with the world, was in financial crisis and through the independent policies of the Central Bank was able to overcome for the first time in decades a history of cyclical breakups. At the beginning of 2010, when Redrado was asked to cover the costs of public spending and out-of-control national debts, his tenure was over. Ethical, determined, and loyal to his country, the author began his fight against financial corruption. Readers will be intrigued by Redrado’s explanations of emerging world markets, tenets of central banking, and how governments can cause and avoid financial crises.