Fed power : how finance wins / Lawrence R. Jacobs and Desmond King.
Series: Oxford scholarship online: Publisher: New York, NY : Oxford University Press, 2021Edition: Second editionDescription: 1 online resource (304 pages) : illustrations (black and white)Content type: text | still image Media type: computer Carrier type: online resourceISBN: 9780197573167 (ebook) :Subject(s): Federal Reserve banks -- History | Banks and banking, Central -- United States -- History | Monetary policy -- United States -- History![](/opac-tmpl/bootstrap/images/filefind.png)
Item type | Current library | Class number | Copy number | Status | Date due | Barcode | |
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ebook | House of Lords Library - Palace Online access | 1 | Available |
This edition also issued in print: 2021.
Includes bibliographical references and index.
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.
Specialized.
Description based on online resource; title from PDF title page (viewed on February 18, 2021).