The fed unbound : central banking in a time of crisis / Lev Menand.
Record details
- ISBN: 9781735913704
- ISBN: 1735913707
- Physical Description: 173 pages : illustrations, map ; 19 cm
- Publisher: New York : Columbia Global Reports, [2022]
Content descriptions
Bibliography, etc. Note: | Includes bibliographical references. |
Summary, etc.: | "It is a bedrock principle of the US Constitution that Congress, as representatives of the people, sets economic policy and directs government resources. This all changed thirteen years ago, and even more dramatically during the pandemic. The Federal Reserve operates independently from the rest of the government, and can create as much money as it sees fit and use it without the prior approval of Congress, the courts, or the President. When the Fed creates new money to address economic problems, it helps certain groups, like powerful business interests, and becomes a massive driver of inequality. Menand tells the story of how the Fed became out of control during the 2008 financial crisis and the 2020 pandemic, and what can be done about it"-- Provided by publisher. |
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- 1 of 1 copy available at Woodbury Public Library.
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Location | Call Number / Copy Notes | Barcode | Shelving Location | Status | Due Date |
---|---|---|---|---|---|
Woodbury Public Library | 332.1109 MENAND (Text) | 34018153408861 | Adult Nonfiction | Available | - |