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Author
Publisher
Princeton University Press
Pub. Date
[2016]
Language
English
Description
"The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate. Legal scholar and financial historian...
Author
Language
English
Formats
Description
A searing expose of the collusion between central bankers as they control global markets and dictate economic policy The 2008 financial crisis unleashed a chain reaction that turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Central banks and institutions like the IMF are overstepping the bounds of their mandates and directing the flow of money without any checks and balances. Meanwhile, the open door...
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