Fed power: how finance wins
The Federal Reserve is the most powerful central bank in the world. Without its central bank, the American economy would be subject to devastating fluctuations and instability. In maintaining this stability, The Fed dictates interest rates and designs bailouts without the usual checks and balances that pervade US policy making. Most commentators treat the Fed as an impartial referee exercising its independence to advance the best interests of America. However, Lawrence Jacobs and Desmond King's…
Read More ↓Title Statements
- Full title :Fed power : how finance wins / Lawrence R. Jacobs, Desmond King.
Summary
The Federal Reserve is the most powerful central bank in the world. Without its central bank, the American economy would be subject to devastating fluctuations and instability. In maintaining this stability, The Fed dictates interest rates and designs bailouts without the usual checks and balances that pervade US policy making. Most commentators treat the Fed as an impartial referee exercising its independence to advance the best interests of America. However, Lawrence Jacobs and Desmond King's Fed Power is the first sustained examination of the Fed as a potent institution in its own right and an engine for producing concealed advantages for a privileged few.
Read More ↓Edition Statements
- Publication Date:2016.
Publication Statements
- Publisher(s):Oxford University Press
- Place of Publication:New York
- Language:eng
- Publication Date:2016.
The Physical Object
- Description:1 volume ; : 22 cm
Edition Identifiers
- ISBN:9780199388967, 0199388962
- oclc:ocn954257000
- LC Classification:HG2563
- Dewey Decimal:332.110973
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