Fed power

• Verfasst von: Jacobs, Lawrence R. [VerfasserIn]
• Verfasst von: King, Desmond S. [VerfasserIn]
• Titel: Fed power
• Titelzusatz: how finance wins
• Verf.angabe: Lawrence R. Jacobs and Desmond King
• Ausgabe: Second edition
• Verlagsort: New York, NY
• Verlag: Oxford University Press
• Jahr: 2021
• Umfang: 1 Online-Ressource (304 Seiten)
• Gesamttitel/Reihe: Oxford scholarship online : Political Science
• ISBN: 978-0-19-757316-7
• DOI: doi:10.1093/oso/9780197573129.001.0001
• Datenträger: Online-Ressource
• Sprache: eng
• Bibliogr. Hinweis: Erscheint auch als : Druck-Ausgabe: Jacobs, Lawrence R., 1959 - : Fed power. - Second edition. - New York, NY, United States of America : Oxford University Press, 2021. - VIII, 304 Seiten
• RVK-Notation: MG 70910
• RVK-Notation: QK 900
• Sach-SW: Federal Reserve banks ; History
• Sach-SW: Banks and banking, Central ; United States ; History
• Sach-SW: Monetary policy ; United States ; History
• Sach-SW: Government accountability ; United States ; History
• Sach-SW: Equality ; United States ; History
• Sach-SW: Democracy ; United States ; History
• K10plus-PPN: 1752991621
• K10plus-PPN:
  Universitätsbibliothek
• Lokale URL UB: Zum Volltext

Abstract

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.