Book 2017

Fed Power

Lawrence Jacobs Desmond King Lawrence R Jacobs

Publisher: Oxford University Press, Incorporated
Language: English
Published: 2017

Monetary policy
Equality
Democracy
Government accountability
History
Central Banks and banking
Federal Reserve banks
Banks and banking, central

"Fed Power reveals how America's central bank undermined democratic accountability and widened economic inequality. It traces the Fed's historic rise to unparalleled power and capacity on domestic policy and its unilateral decisions during the 2008-9 financial crisis to leverage half of the country's net worth to the benefit of finance"--