The fed unbound : central banking in a time of crisis / Lev Menand.
Menand, Lev author.
2022
HG2565 .M46 2022 (Map It)
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Author Menand, Lev author.
Title The fed unbound : central banking in a time of crisis / Lev Menand.
Published New York : Columbia Global Reports, [2022]
Call Number HG2565 .M46 2022
ISBN 9781735913704 (paperback)
1735913707 (paperback)
9781735913711 (ebook)
Description 173 pages : illustrations, map ; 19 cm
System Control No. (OCoLC)1291568148
Summary "It is a bedrock principle of the US Constitution that Congress, as representatives of the people, sets economic policy and directs government resources. This all changed thirteen years ago, and even more dramatically during the pandemic. The Federal Reserve operates independently from the rest of the government, and can create as much money as it sees fit and use it without the prior approval of Congress, the courts, or the President. When the Fed creates new money to address economic problems, it helps certain groups, like powerful business interests, and becomes a massive driver of inequality. Menand tells the story of how the Fed became out of control during the 2008 financial crisis and the 2020 pandemic, and what can be done about it"-- Provided by publisher.
Bibliography, etc. Note Includes bibliographical references.
Available in Other Form Online version: Menand, Lev. Fed unbound New York, NY : Columbia Global Reports, [2022] 9781735913711 (DLC) 2021059232
Record Appears in Onsite Print Resources
Shared Records
All Resources
The fed and the pandemic
Money and banking in America
The logic and limits of the Federal Reserve Act
The collapse of banking law
What to make of a fed unbound
Finding a way forward.

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