How Interest Rates Affect Average Consumers

Greider is National Editor for Rolling Stone, and a former Washington Post editor. He assesses the state of the global economy in his new book "One World, Ready or Not: The Manic Logic of Global Capitalism." He writes that an industrial and economic revolution is taking place in the world, and that its effects may be far greater than that of the industrial revolution.

Investigative reporter William Greider. He's written a new book about the breakdown of democracy in the United States, "Who will tell the people: The Betrayal of American Democracy." (published by Simon and Shuster). It's also the subject of Greider's "Frontline" documentary on PBS this week. He's also the author of "Secrets of the Temple," about the inner workings of the Federal Reserve.

William Greider, political reporter for Rolling Stone Magazine, former assistant managing editor of The Washington Post and author of Secrets of the Temple - How the Federal Reserve Runs the Country.