The Fed Unbound Book Reviews
The Fed Unbound by Lev Menand Book Summary
Do the Fed’s efforts to stabilize the economy worsen inequality?
The Federal Reserve, the U.S. central bank, was built for a monetary system composed primarily of investor-owned, government-chartered banks. But over the years, the erosion of banking law and the rise of alternative forms of money created outside of the banking system have pushed the Fed to take on more and more responsibilities to keep the economy out of recession, as it did during the 2008 crisis, and again during the first months of the COVID-19 pandemic, when it created $3 trillion to stop another financial panic.
Legal scholar and former Treasury official Lev Menand explains how the Fed did this, and argues that it is time to cure the disease that has plagued the American economy for decades, and not just rely on the Fed to treat its symptoms. The Fed Unbound is an urgent appeal to Congress to reform the U.S. economic and financial infrastructure.
Book Name | The Fed Unbound |
Genre | Business & Personal Finance |
Author | Lev Menand |
Published | 10 May 2022, Tuesday |
Language | English |
E-Book Size | 8.09 MB |
The Fed Unbound (Lev Menand) Book Reviews 2024
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Download Link | Book Format |
the-fed-unbound-ebook.pdf | |
the-fed-unbound-ebook.epub | EPUB |
the-fed-unbound-ebook.kindle | KINDLE |
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Summary of The Fed Unbound by Lev Menand
The The Fed Unbound book written by Lev Menand was published on 10 May 2022, Tuesday in the Business & Personal Finance category. A total of 128 readers of the book gave the book 0 points out of 5.
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