Central banking in a democracy: the federal reserve and its alternatives
Auteur :
Wood, John
Éditeur :
Taylor & Francis Ltd
ISBN :
9781138016392
Date de publication :
15 oct. 2014
Dimensions :
23,4 x 15,6 cm
Poids :
476 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
The Federal Reserve System, which has been Congress’s agent for the control of money since 1913, has a mixed reputation. Its errors have been huge. It was the principal cause of the Great Depression of the 1930s and the inflation of the 1970s, and participated in the massive bailouts of financial institutions at taxpayer’s expense during the recent Great Recession.